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Lake Tahoe Summit 2017

SOUTH LAKE TAHOE — It’s been 21 years since the first Tahoe Summit. Since then, $2 Billion in federal, state and private funds has been collected and spent on keeping Lake Tahoe blue. “We’ve completed more than 500 improvement and restorations projects,” Senator Diane Feinstein, D-California, said. “One hundred thirty-nine are underway now.” But now…

via Politicians Gather for Bipartisan Lake Tahoe Summit — FOX40

Trump Administration Proposes Eliminating Moving Expense Deduction

In early May, the Trump Administration released a broad tax reform outline that called for the dramatic reduction of corporate tax rates, reform to personal tax brackets, and the elimination of nearly every tax deduction utilized by American households, including the Moving Expense Tax Deduction. As a vital incentive for consumers of our industry, AMSA is working hard to preserve the deduction by meeting with Members of Congress to advocate for the deduction’s retention in any forthcoming tax reform package. We have reports that House lawmakers on the Ways and Means Committee are working to finish their version of a tax overhaul proposal this summer, although there is growing disagreement among members as to whether any tax savings will be used to fund a forthcoming infrastructure package. AMSA’s government affairs team is closely monitoring these developments to ensure we are well-positioned to advocate for our industry priorities in either draft. We have also partnered with the Employment Relocation Council (ERC) to update a detailed study on the deduction’s impact to taxpayers and businesses.