Differences and Similarities of the House and Senate Proposed Tax Bills

Nov 19, 2017

November 2017 – Congress is moving full steam ahead with their overhaul of the tax code. After the release of the House GOP tax proposal last week (for details on that proposal, please see our prior Tax Alert), the Senate has offered up their version of the Tax Cuts and Job Act. The Senate and the House must agree on a compromised Bill to be able to present it to President Trump to sign into law. Republicans are still hopeful this can be accomplished by year end.