Tax Policy Update

March 20, 2018

Pardon Our Dust

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The number of weeks that Congress will be in recess, starting on March 26. Lawmakers will depart Washington for spring break recess once they conclude their work on the FY 2018 omnibus bill this week.

The legislative agenda after recess won’t be too ambitious. The most urgent item will be the long-term reauthorization of the FAA. Lawmakers will continue to jaw about immigration, technical corrections, and infrastructure investment, but these issues aren’t expected to go anywhere before the mid-term elections. On the regulatory front, the Treasury and IRS will continue to push out additional guidance and rules related to the implementation of the GOP tax law.

Bottom line: The Tax Policy Update team will see you on April 10!

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The McGuireWoods’ Tax & Financial Services Policy Group assists clients in understanding how the latest legislative and regulatory proposals anddecisions may impact their business and industry. To learn more about how our team can help you monitor, analyze, and navigate all relevant legislativeand regulatory developments, please contact any of our attorneys and consultants below at (202) 857-1700. For more information on how to subscribe toour weeklyTax Policy Update and tax news alerts, please contact Radha Mohan,, (202) 857-2944.

Russell Sullivan

Rosemary Becchi

Harold Hancock

Charlie Iovino
Vice President

Lai King Lam
Assistant Vice President

Radha Mohan
Assistant Vice President

Anne C. Starke
Research Associate

Daniel Chung