Yesterday, the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance released the "Unified Framework for Fixing Our Broken Tax Code."
The release covers four distinctive areas of focus that will serve as a template for the tax-writing committees that will develop legislation and additional reforms. Those areas of focus are:
- Simplifying the tax code
- Tax relief and simplification for American families
- Competitiveness and growth for all job creators
- The American model for global competitiveness
You can read the full framework HERE or you can review the one-page overview with highlights HERE.
As always, #TeamBrixeyMeyer is always here to help! Feel free to reach out if you have questions on the implications of these changes.