Taxes

The Chamber continues to fight for a streamlined tax system allowing taxpayers to make smarter decisions about how they work, save, and invest, and unleashing the power of American businesses—large and small—to create jobs.

Projects and Programs

Recent Activity

Ad, In the NewsOct 16, 2018 - 3:30pm to Oct 24, 2018 - 7:00pm

U.S. Chamber’s Harris to Speak at Naperville Regional Economic Forecast Event

On Wednesday, October 24, 2018, U.S. Chamber Vice President, Tax Policy & Economic Development, and Chief Tax Policy Counsel Caroline Harris will speak on a panel at the Naperville Regional Economic Forecast, co-hosted by the Naperville Area Chamber of Commerce and Calamos Investments. Harris will provide an update on recent tax reform legislation, the current legislative outlook, and the 2018 midterm elections. Other panelists will include Calamos Investments Founder, Chairman, and Global CIO John P. Calamos Sr. and PNC Financial Services Group Chief Economist Gus Faucher.

Above the FoldOct 12, 2018 - 2:30pm
U.S. Capitol dome seen through the U.S. Capitol Visitor Center.

Small Business Owner to Congress: ‘We Are Putting Tax Reform Savings to Work’

While tax reform put wind at small business owners’ backs, there’s still more work to be done.

Above the FoldOct 11, 2018 - 4:00pm
Small Business Administration Administrator Linda McMahon (left) and Labor Department Secretary Alexander Acosta speak at the U.S. Chamber Small Business Summit.

The Economy and Pro-Growth Policies Have Put Small Businesses in a Happy Place

70% of small business owners are optimistic about the economy.

Press ReleaseOct 09, 2018 - 2:30pm

Coalition of 30 Business Organizations Calls on IRS to Revise Section 965 Overpayment Guidance

Current Guidance is Counter to Clear Statutory Language and Congressional Intent of Tax Reform

LetterOct 09, 2018 - 1:30pm

U.S. Chamber-S Corporation Association-led Coalition Letter on Tax Overpayments and §965(h)

On October 9, the U.S. Chamber and S Corporation Association submitted the following coalition letter regarding tax overpayments and §965(h) to Commissioner Rettig, Secretary Mnuchin, and Assistant Secretary Kautter.

CommentOct 03, 2018 - 9:15am

U.S. Chamber Comments on REG-104226-18 (Proposed Rules Relating to §965 Transition Tax)

On October 3, the U.S. Chamber submitted the following comments to the Treasury Department and the IRS on REG-104226-18, proposed rules relating to §965 transition tax as published in the Federal Register on August 9, 2018.

CommentOct 02, 2018 - 9:00am

U.S. Chamber Letter on REG-104397-18 (Proposed Rules Relating to §168(k) (Additional First Year Depreciation Deduction)

On October 2, the U.S. Chamber submitted the following letter to the Treasury Department and the IRS on REG-104397-18, proposed rules relating to §168(k) additional first-year depreciation deduction as published in the Federal Register on August 8, 2018.

CommentSep 28, 2018 - 10:15am

U.S. Chamber Comments on REG-107892-18 (Proposed Regulations on New 20 Percent Deduction for Pass-Through Businesses (§199A))

On September 28, the U.S. Chamber submitted the following comments to the Treasury Department and the IRS on REG-107892-18, proposed rules relating to the qualified trade or business income deduction under Sec. 199A as published in the Federal Register on August 8, 2018.

LetterSep 25, 2018 - 5:30pm

H.R. 6760, "Protecting Family and Small Business Tax Cuts Act of 2018"

This letter was sent to the U.S. Congress supporting H.R. 6760, which would make the individual tax cuts and pass-through rates in the Tax Cuts and Jobs Act permanent. September 25, 2018 TO THE MEMBERS OF THE UNITED STATES HOUSE OF REPRESENTATIVES:

Above the FoldSep 21, 2018 - 3:00pm
Tax reform supporters at a news conference in Washington, D.C.

Tax Reform Nine Months In: 600 Businesses (and Counting) Offer Raises, Bonuses

The economy is strong, and businesses are investing in their workers and communities.