Republican members of the U.S. House of Representatives’ Ways and Means Committee have formed several “tax teams” to study the expiring tax-related provisions of the Tax Cuts and Jobs Act (TCJA). Many of these provisions are scheduled to expire on Jan. 1, 2026. Specifically, 10 tax teams have been established to focus on: American manufacturing, working families, workforce, “Main Street,” new economy issues, rural America, community development, supply chains, U.S. innovation and global competitiveness. The teams are tasked with examining expiring TCJA provisions and looking for “legislative solutions.” Stay tuned.
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