Will Congress Attempt a Second Reconciliation Bill in 2026?
Republicans are debating a follow-up to last year's tax overhaul, with defense and border funding competing against Ways and Means for a seat in any new package.
Accounting and advisory · cited in 4 of our stories.
Republicans are debating a follow-up to last year's tax overhaul, with defense and border funding competing against Ways and Means for a seat in any new package.
The new tax law restores full first-year write-offs for property acquired after January 19, 2025, and more than doubles Section 179, changing how owners time big purchases.
For startup stock acquired after July 4, 2025, founders and early investors can exit sooner with partial tax relief and shelter more gain, but older shares keep the old rules.
Sen. Cynthia Lummis's digital asset tax package would end same-day crypto loss harvesting, defer tax on staking rewards and waive appraisals for donated tokens.
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