Daily Tax Update - January 6, 2016: House Passes Affordable Care Act Repeal Legislation

House Passes Affordable Care Act Repeal Legislation:  By a vote of 240 to 181, the House passed the Restoring Americans’ Healthcare Freedom Reconciliation Act (H.R. 3762) that would repeal significant portions of the Affordable Care Act and would defund Planned Parenthood for one year.  The Senate passed the bill in December through the process of budget reconciliation that prevented a filibuster by Senate Democrats.  President Obama is expected to veto the bill. 

Hot Tax Topics: A Look Back at 2015 and a Preview of 2016:  Steptoe's Tax Group will present a complimentary seminar on Thursday, January 28 to discuss developments from 2015 and what we anticipate to be the hottest topics for 2016 in the areas of tax legislation and policy, tax controversy, ethics, state and local taxation, Affordable Care Act reporting and compliance, and tax-exempt organizations.  For more information click here