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Asset Management Insights

Washington Tax Insight August 2020

Politics and Congressional Activity Despite spending the last several weeks working on the next phase of COVID-19 relief legislation, Congressional leaders and the Administration have failed to reach agreement and the negotiations appear to be stalled this week.  The House and Senate are both technically still in session, but many members have returned to their home districts subject to a call to return should a deal be reached.  Both chambers […]

August 11, 2020

Prospects For a 4th Phase of Federal Stimulus & Relief in Response to the COVID-19 Crisis

Congressional Schedule and Prospects   As summarized in past True Alerts (Tax Issues Addressed by COVID-19 Emergency Legislation; Congressional Action on the COVID-19 Pandemic: The CARES Act), Congress has passed several major pieces of legislation to provide economic relief to the US economy and US taxpayers from the impact of the COVID-19 crisis.  Immediately after completing action on the Coronavirus Aid, Relief & Economic Security Act (“CARES Act”), the attention […]

July 15, 2020

Washington Tax Insight July 2020

Politics and Congressional Activity Discussion of the next COVID-19 pandemic relief legislation continues to dominate discussion in Washington despite the fact that many other important issues have yet to be addressed.  Funding for FY21 for the federal government is being addressed in the House and Senate appropriations committees, but time is beginning to run short on the likelihood that Congress will meet the end of September deadline. Police reform legislation […]

July 7, 2020