Treasury Assistant Secretary David Kautter, speaking at the AICPA National Tax Conference in Washington, DC laid out a number of proposed and final regulations that Treasury expects to release by year end as reported in Tax Notes Today Federal.[1]

The day before moving from Chairman of the House Ways and Means Committee to the ranking member of the committee, Rep. Kevin Brady released a discussion draft of the technical corrections to the Tax Cuts and Jobs Act.

Normally I’d not not worry much about a document issued by the ranking minority member of the committee, but in this case it does outline what a principal author of TCJA now believes needs to be fixed. Time will tell how many of these changes make it into law.

Discussion Draft of Technical Corrections for TCJA