NATSO joined a coalition of more than 120 retailers and trade associations representing millions of jobs in opposing the border-adjustment tax (BAT) proposal in the House Republican’s tax reform plan.
02-09-2017 NATSO joined more than 132 small business and advocacy organizations across the United States in supporting the Death Tax Repeal Act of 2017, which would end the federal estate tax.
02-06-2017 NATSO has been working with the Family Business Coalition to oppose the Department of Treasury’s proposed changes to estate and gift tax valuation discounts. As a practical matter, the proposed changes — which are still be evaluated and have not been finalized — will significantly change family businesses’ succession plans and make it harder for family owned businesses to transition to the next generation.
11-05-2016 NATSO urged members of the House Ways and Means Committee to recognize the severe economic consequences that could result from repealing or modifying the last-in, first-out (LIFO) accounting method and maintain it as an acceptable inventory accounting method.
04-08-2016 The IRS on March 31 issued proposed regulations intended to update highway vehicle excise tax rules in light of legislative changes and court decisions in recent years.
04-01-2016 NATSO joined more than 112 associations representing small businesses across the United States in urging the Senate to vote on the House passed Death Tax Repeal Act of 2015 (H.R. 1105), which would end the federal estate tax.
03-24-2016 In December 2015, President Obama signed into law a series of tax changes that are important to NATSO members. They include: A two-year extension (through 2016) of the biodiesel blenders […]
03-20-2016 In the coming years, Congress will begin considering a comprehensive overhaul of the U.S. tax code, including potential revisions to a variety of tax previsions that are critical to NATSO […]
03-20-2016 Owners of heavy highway vehicles are reminded to file their next federal highway use tax return with the Internal Revenue Service (IRS) by Aug. 31.
08-24-2015 U.S. Senator Pat Roberts (R-Kan.) on June 24 introduced legislation that seeks to amend the U.S. tax code to indefinitely renew the expired tax break known as bonus depreciation.
06-25-2015 A key Republican working on a plan to rewrite the international tax code, said he would oppose any efforts to use his plan to help financing a highway funding package, Politico reported.
06-04-2015