Tax Cuts and Jobs Act (H.R. 1) – The GOP-sponsored tax reform bill made final passage through Congress on Dec. 20. The following are provisions with the widest-ranging impact: Lowers the corporate tax rate from 35 percent to 21 percent Allows companies a one-time repatriation of overseas cash Retains seven individual tax brackets: 10 percent, … Continue reading “Making Changes to Corporate and Individual Income Taxes, Indian Tribe Resource Programs and Previous Legislation”

Elder Abuse Prevention and Prosecution Act (S. 178) – Sponsored by Sen. Chuck Grassley (R-IA) on Jan. 20, this bill is intended to prevent elder abuse and exploitation and improve the justice system’s response to victims in such cases. Among other provisions, the Act facilitates improved data collection and Federal coordination, and enhances penalties for … Continue reading “Transparency for Elder Abuse, Internet Ads and Drug Pricing”