A tax plan will pass in mid-December, Office of Management and Budget (OMB) Director Mick Mulvaney has predicted. Although Mulvaney did not commit to whether the tax bill will be temporary tax cuts or a comprehensive, permanent tax reform package, he stated it will be retroactive to the beginning of 2017. “If it passes by […]
The post OMB Director Looks to Retroactive Tax Cuts/Reform by Mid-December appeared first on Tax & Accounting Blog.