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Source: Doug Sword, ROLL CALL, 6/20/19
The House Ways and Means Committee announced its long-awaited markup of tax legislation with more than 50 provisions, including expansions of tax credits for lower-income workers and families with children and renewals of expired tax breaks for disparate interests ranging from biodiesel blenders to craft beer producers. Legislation that would beef up the refundable portions of the Earned Income Tax Credit and Child Tax Credit for 2018 and 2019 also includes a repeal of the so-called ″church parking tax,″ that left some nonprofits paying taxes on transportation-related... For more of this story, click here.
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