Cady Stanton (@cady_stanton) 's Twitter Profile
Cady Stanton

@cady_stanton

Covering Capitol Hill for @TaxNotes, newsletter editor @gemahoyas, big NCAAW/WNBA fan

ID: 1673367374

calendar_today15-08-2013 14:55:08

5,5K Tweet

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Cady Stanton (@cady_stanton) 's Twitter Profile Photo

New: Doug Sword and I asked around about a second reconciliation bill this year. But lawmakers & tax watchers admit they're still catching their breath. “Tax policy is permanent, so we’re done, I think, for maybe a hundred years?” Congressman Blake Moore joked. taxnotes.com/tax-notes-toda…

Tax Notes (@taxnotes) 's Twitter Profile Photo

The massive tax package signed into law by President Trump on July Fourth included several provisions that benefit niche groups of taxpayers. Read the latest news from Katie Lobosco: taxnotes.co/44UlHrL

The massive tax package signed into law by President Trump on July Fourth included several provisions that benefit niche groups of taxpayers.

Read the latest news from <a href="/KatieLobosco/">Katie Lobosco</a>: taxnotes.co/44UlHrL
Tax Notes (@taxnotes) 's Twitter Profile Photo

House Ways and Means Committee members are attempting to parse the complications of taxing digital assets to focus on one of the major bipartisan measures left unaddressed by Republicans’ recent tax bill. Read more from Cady Stanton: taxnotes.co/3GQTmum

House Ways and Means Committee members are attempting to parse the complications of taxing digital assets to focus on one of the major bipartisan measures left unaddressed by Republicans’ recent tax bill.

Read more from <a href="/cady_stanton/">Cady Stanton</a>: taxnotes.co/3GQTmum
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A bipartisan tax package, more retirement policy changes, and another reconciliation bill — internally referred to as “2 Big 2 Beautiful” — are all possible next steps for Congress, according to the House speaker’s top tax aide. Doug Sword explains: taxnotes.co/40npwEq

A bipartisan tax package, more retirement policy changes, and another reconciliation bill — internally referred to as “2 Big 2 Beautiful” — are all possible next steps for Congress, according to the House speaker’s top tax aide.

<a href="/doug_sword/">Doug Sword</a> explains: taxnotes.co/40npwEq
Cady Stanton (@cady_stanton) 's Twitter Profile Photo

Is the Speaker a Vin Diesel fan? Per Curtis Beaulieu, senior adviser for tax & trade to Mike Johnson, GOP leadership is referring internally to a follow-up reconciliation bill as "2 Big 2 Beautiful," a nod to the 2 Fast 2 Furious sequel to the movie franchise. from Doug Sword:

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On yesterday's W&M hearing: House taxwriters hope to take on the task of taxing digital assets in the coming months, maybe even as a bipartisan project. But they hit an early hurdle when two panel members each claimed to take up the mantle on the project. taxnotes.com/tax-notes-toda…

Lauren Loricchio (@laurenloricchio) 's Twitter Profile Photo

Andrew De Mello has been removed as acting IRS chief counsel and replaced by Kenneth Kies, Treasury assistant secretary for tax policy, a move that was announced internally last month by IRS Commissioner Billy Long. From me and Ben Valdez bit.ly/46ODdAc Tax Notes

Tax Notes (@taxnotes) 's Twitter Profile Photo

Andrew De Mello has been removed as acting IRS chief counsel and replaced by Kenneth Kies, Treasury assistant secretary for tax policy, a move that was announced internally last month by IRS Commissioner Billy Long. From Lauren Loricchio & Ben Valdez: taxnotes.co/40Nu1Zl

Andrew De Mello has been removed as acting IRS chief counsel and replaced by Kenneth Kies, Treasury assistant secretary for tax policy, a move that was announced internally last month by IRS Commissioner Billy Long.

From <a href="/LaurenLoricchio/">Lauren Loricchio</a> &amp; <a href="/benmvaldez/">Ben Valdez</a>: taxnotes.co/40Nu1Zl
Tax Notes (@taxnotes) 's Twitter Profile Photo

NEW: This week on the podcast, House Ways and Means Committee member Rep. Steven Horsford, D-Nev., discusses the New Democrat Coalition’s tax priorities and the framework the coalition developed as an alternative to the One Big Beautiful Bill Act. 👇 buzzsprout.com/124942/episode…

Katie Lobosco (@katielobosco) 's Twitter Profile Photo

In this week's podcast, I ask Rep. Horsford about no tax on tips, the child tax credit and the gambling deduction cap that ended up in the One Big Beautiful Bill

Tax Notes (@taxnotes) 's Twitter Profile Photo

Senators appeared to spare the Justice Department Tax Division in an annual appropriations bill despite a plan from the Trump administration to abolish the division as a stand-alone component. Read more from Cady Stanton: taxnotes.co/3GUQgWh

Senators appeared to spare the Justice Department Tax Division in an annual appropriations bill despite a plan from the Trump administration to abolish the division as a stand-alone component.

Read more from <a href="/cady_stanton/">Cady Stanton</a>: taxnotes.co/3GUQgWh
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JUST IN: House appropriators released a proposed 23 percent cut in the IRS budget for fiscal 2026, including a 45 percent slashing of the tax collector’s enforcement funding. Read more from Doug Sword: taxnotes.co/4kQzLsa

JUST IN: House appropriators released a proposed 23 percent cut in the IRS budget for fiscal 2026, including a 45 percent slashing of the tax collector’s enforcement funding.

Read more from <a href="/doug_sword/">Doug Sword</a>: taxnotes.co/4kQzLsa
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House appropriators piled on another $300 million, or 12 percent, in cuts on top of the administration’s request that the tax collector’s budget be slashed 20 percent in fiscal 2026. Read the full story from Doug Sword: taxnotes.co/4f2NURY

House appropriators piled on another $300 million, or 12 percent, in cuts on top of the administration’s request that the tax collector’s budget be slashed 20 percent in fiscal 2026.

Read the full story from <a href="/doug_sword/">Doug Sword</a>: taxnotes.co/4f2NURY
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From Ben Valdez: Elizabeth Askey, head of the IRS Independent Office of Appeals, will resign September 1, according to the agency. taxnotes.co/4fb2bMw

From <a href="/benmvaldez/">Ben Valdez</a>: Elizabeth Askey, head of the IRS Independent Office of Appeals, will resign September 1, according to the agency. taxnotes.co/4fb2bMw
Tax Notes (@taxnotes) 's Twitter Profile Photo

The One Big Beautiful Bill Act is expected to increase deficits by $3.4 trillion over a 10-year period, according to the U.S. CBO's final conventional score of the legislation. Read more from Katie Lobosco: taxnotes.co/3IziHK3

The One Big Beautiful Bill Act is expected to increase deficits by $3.4 trillion over a 10-year period, according to the <a href="/USCBO/">U.S. CBO</a>'s final conventional score of the legislation.

Read more from <a href="/KatieLobosco/">Katie Lobosco</a>: taxnotes.co/3IziHK3
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"The question is, how will Republicans pay for it? They just put a $4 trillion hole in the federal deficit, added $4 trillion by giving more tax breaks to billionaires." Rep. Steven Horsford said about the possibility for a bipartisan tax bill later this year. forbes.com/sites/taxnotes…

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House Republican appropriators are looking to formalize the Trump administration’s plan to eliminate the Justice Department Tax Division as a stand-alone entity in their fiscal 2026 government funding legislation. Cady Stanton explains: taxnotes.co/3TRCOFE

House Republican appropriators are looking to formalize the Trump administration’s plan to eliminate the Justice Department Tax Division as a stand-alone entity in their fiscal 2026 government funding legislation.

<a href="/cady_stanton/">Cady Stanton</a> explains: taxnotes.co/3TRCOFE
Cady Stanton (@cady_stanton) 's Twitter Profile Photo

New: The Trump administration is proceeding with a plan to fold the DOJ's tax division into its civil and criminal divisions. But while the House approps bill would codify that move, the Senate bill appears to maintain funding for the division. Details: taxnotes.com/tax-notes-toda…

Tax Notes (@taxnotes) 's Twitter Profile Photo

NEW: House Ways and Means Committee member Rep. Adrian Smith, R-Neb., discusses the One Big Beautiful Bill Act’s accomplishments and what could be next for Congress on tax. Listen to the full conversation with Capitol Hill reporter Cady Stanton 👇 buzzsprout.com/124942/episode…