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Reducing Tax Preparation Burdens for American Investments and Repairs Act
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
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vs 6,526 other HR bills in the 114th — cohort avg 56d
Reducing Tax Preparation Burdens for American Investments and Repairs Act This bill directs the Department of the Treasury to amend Treasury regulations relating to the election of a taxpayer to expense in the current taxable year certain depreciable business assets that would otherwise be capitalized and depreciated over a period of time. Current regulations provide for a safe harbor rule that allows expensing of such assets that do not exceed $500 per invoice for taxpayers without applicable financial statements. This bill would increase the safe harbor threshold to $2,500 per invoice for such taxpayers for taxable years beginning after 2015.
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Filing registrants (2)
2016 · fourth_quarter · Taxation/Internal Revenue Code
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Taxation/Internal Revenue Code
REPAY Act (H.R. 3318)
Client expense: $40,000 · Firm income: Not reported
Government targets: Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2016 · second_quarter · Taxation/Internal Revenue Code
REPAY Act (H.R. 3318)
Client expense: $60,000 · Firm income: Not reported
Government targets: Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2016 · first_quarter · Taxation/Internal Revenue Code
REPAY Act (H.R. 3318)
Client expense: $40,000 · Firm income: Not reported
Government targets: Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2015 · fourth_quarter · Taxation/Internal Revenue Code
REPAY Act (H.R. 3318)
Client expense: $50,000 · Firm income: Not reported
Government targets: Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2015 · third_quarter · Small Business
House: H.R. 928, the Jobs and Premium Protection Act - support. H.R. 636, the Americas Small Business Tax Relief Act of 2015 - support. H.R. 550, the Equal Employment Opportunity Commission (EEOC or Commission) Transparency and Accountability Act - support. H.R. 549, the Litigation Oversight Act of 2015 - support. H.R. 548, the Certainty in Enforcement Act of 2015 - support. H.R. 1189, the Preserving Employee Wellness Programs Act - support. H.R. 1105, the Death Tax Repeal Act of 2015 - support. H.R. 1199, the Innocent Sellers Fairness Act - support. H.R. 1671, Government Neutrality in Contracting Act - support. H.Con. Res. 27, the Fiscal Year 2016 Budget Resolution - support. H.R. 1147, the Legal Workforce Act of 2015 - support. H.R. 863, the STARS Act of 2015 - support. H.R. 1270, the Restoring Access to Medication Act of 2015 - support. H.R. 622, State and Local Sales Tax Deduction Fairness Act of 2015 - support. H.R. 2911, the Small Business Healthcare Relief Act - support. Section 105 to H.R. 2028, the FY2016 Energy and Water Development, and Related Agencies Appropriations Act - support. Sections 113, 407, and 408 of FY2016 Labor, Health and Human Services, Education, and Related Agencies Appropriations Act - support. H.R. 540 and S. 255, the Fifth Amendment Integrity Restoration Act, or FAIR Act - support. H.R. 2524, Support Our Start-Ups Act - support. H.R. 2310, Helping Our Middle Class Entrepreneurs (HOME) Act - support. Mulvaneys (R-S.C.) amendment ensuring fair and open competition for federal construction contracts authorized by the National Defense Authorization Act (NDAA) for FY 2016 (H.R. 1735) - support. Section 132 and 134 of the Houses Fiscal Year 2016 Transportation-Housing Appropriations Bill - support. H.R. 629, the Permanent S Corporation Built-in Gain Recognition Period Act of 2015 - support. H.R. 3328, the Small Business Regulatory Sunset Act - support. H.R. 758, the Lawsuit Abuse Reduction Act of 2015 - support. H.R. 2698, Tanning Tax Repeal Act - support. H.R. 1624, the Protecting Affordable Coverage for Employees Act. - support. H.R. 3318, the Reducing Tax Preparation Burdens for American Investments and Repairs Act - support. H.R. 3110, National Disaster Tax Relief Act of 2015 - support. H.R. 3459, the Protecting Local Business Opportunity Act - support. H.R. 1266 - the Financial Product Safety Commission Act - support Senate: S. 183, the Jobs and Premium Protection Act of 2015 - support. S. 30, Forty Hours is Full-Time Act of 2015 - support. S.J. Res. 8, a Congressional Review Act resolution of disapproval in response to the National Labor Relations Boards (NLRB) ambush election rule related to the union election process - support. S. 620, Preserving Employee Wellness Programs Act - support. S. 71, Government Neutrality in Contracting Act - support. S. 709, the Restoring Access to Medication Act of 2015 - support. S. 1697, the Small Business Healthcare Relief Act - support. S. 1140, the Federal Water Quality Protection Act - support. S. 1536, the Small Business Regulatory Flexibility Improvements Act of 2015 - support. S. 1827, Small Business Tax Compliance Relief Act - support. S. 1487, the Regulatory Predictability for Business Growth Act of 2015 - support. Sec. 134 (HOS) and 135 (insurance) of H.R. 2577, FY2016 Transportation, Housing and Urban Development, and Related Agencies (THUD) Appropriations Bill - support. Section 913 of S 1269 - oppose. S. 2006, the Regulatory Accountability Act of 2015 - support. S. 1607, the Independent Agency Regulatory Analysis Act of 2015 -support. S. 1099, the Protect Affordable Coverage for Employees Act - support. S. 2015, the Protecting Local Business Opportunity Act - support. Hearings: -Karen Harned testified before the House Committee on the Judiciary Subcommittee on Regulatory Reform, Commercial and Antitrust Law. July 15, 2015. -Nick Karellas testified before the Senate Small Business Committee on Targeted Tax Reform: Solutions to Relieve the Tax Compliance Burdens for Americas Small Businesses. July 22, 2015. -Beth Milito testified before the House Committee on the Judiciary Subcommittee on the Constitution, the Fraudulent Joinder Prevention Act of 2015. September 29, 2015. Comments: -U.S. Department of Labor, RIN: 1235-AA11, Request for Extension of Comment Deadline on Proposed Rulemaking Regarding Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees, July 13, 2015. -U.S. Department of Labor, RIN 1210-AB32 - Definition of the Term Fiduciary; Conflict of Interest Rule-Retirement Investment Advice and associated proposed exemptions, July 21, 2015. -U.S. Department of Labor, RIN 1235-AA11; Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees - Request for Extension of Comment Period, August 4, 2015. -U.S. Department of Labor, RIN 1235-AA11; Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees, September 3, 2015. -U.S. Department of Labor, RIN: 1235-AA11, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees, September 4, 2015. Other Issues: -Tax Reform -Regulatory Reform -H-2B visas -Tax Extenders -Section 179 - business expensing -Surface Bill Financial Responsibility -Overtime Rule -Fiduciary Rule
2015 · third_quarter · Taxation/Internal Revenue Code
REPAY Act (H.R. 3318)
Client expense: $50,000 · Firm income: Not reported
Government targets: Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2015 · second_quarter · Taxation/Internal Revenue Code
REPAY Act (H.R. 3318)
Client expense: $60,000 · Firm income: Not reported
Government targets: Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2015 · first_quarter · Taxation/Internal Revenue Code
REPAY Act (H.R. 3318)
Client expense: $30,000 · Firm income: Not reported
Government targets: Education, Dept of, Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
Client expense: $832,000 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Environmental Protection Agency (EPA), Executive Office of the President (EOP), Federal Motor Carrier Safety Administration, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Labor Relations Board (NLRB), SENATE, Treasury, Dept of