True Partners Insights

Pillar Icon

Partnership Compliance Insights

Washington Tax Insight October 2018

Politics and Congressional Activity The House voted 361-61 to approve a FY 2019 spending bill that would keep the government running past September 30th until December 7th by approving funding for the departments of Defense, Labor, Education and HHS and including short term funding for the rest of the government.  The Senate had passed the stopgap funding bill by a vote of 93-7 prior to the House vote.  Despite his […]

October 3, 2018

Washington Tax Insight September 2018

Politics and Congressional Activity Congressional activity has slowed in the month of August with both the House and Senate taking a recess, although the Senate recess was shortened to one week.  Key legislative issues, including the FY 2019 appropriations bills, must be dealt with in September, but the upcoming mid-term elections will be the primary focus in Washington this fall with the possibility that Republicans could lose the majority in […]

September 11, 2018

Washington Tax Insight August 2018

Politics and Congressional Activity The House has adjourned for the summer and will return to work on September 4th.  The Senate will work for most of the month of August, with only a one-week break August 6-10th. In July, work continued in both the House and Senate on appropriations bills for FY 2019, which starts October 1, 2018.  Congressional leadership would like to avoid an omnibus spending bill at the […]

August 6, 2018