Tax Analysts contains news, analysis, and commentary on the federal budget, including tax proposals offered by the White House and Congress and their impact on tax administration and tax policy in the U.S. and abroad.
To launch the annual budget process, the White House submits early February to Congress the president’s request for the coming year and beyond. The House and Senate undergo a nearly year-long process comprising multiple tax amendments, markups, hearings, and negotiations with the goal of passing the final budget for the president to sign by October.
Federal agencies such the Government Accountability Office, Congressional Budget Office, and the Joint Committee of Taxation also provide non-partisan analysis on the budget proposals for Congress and the general public.
Tax Analysts covers the latest news, legislative development, and analysis of the White House’s tax priorities such tax on foreign earnings, tax treatment of college sports events, and more funding for the resource-strapped IRS budget. Congressional coverage is also comprehensive -- starting from the budget resolutions and markups in the House and Senate to the final passage.
In addition to coverage of federal budget news and the tax implications of the federal budget, Tax Analysts also covers budget issues on the state level. Currently the Kansas state budget is undergoing nation-wide scrutiny because of the shortfalls widely attributed to tax cuts. Documents and news stories related to budgets in other states are also consistently and promptly covered.