PODCAST

TCJA Guidance: Built to Last?

KPMG Catching Up on Capitol Hill Podcast Episode 19-2020 | Could TCJA guidance be overturned using the Congressional Review Act if there is a new Administration?

John P. Gimigliano

John P. Gimigliano

Principal in Charge, Federal Regulatory & Legislative Services, Washington National Tax, KPMG US

+1 202-533-4022

Jennifer Acuna

Jennifer Acuna

Principal, Federal Legislative & Regulatory Services, KPMG US

+1 202-533-3800

Thomas Stout

Thomas Stout

Director, Fed. Legislative & Reg. Services, KPMG US

+1 202-533-4148

Podcast overview

With more than 7,700 pages of guidance on the TCJA already issued (and many more to come), could a change in Administration next year see much of that guidance overturned? Under narrow circumstances, the Congressional Review Act (the CRA) gives Congress the ability to revoke guidance issued by the Executive Branch.

John Gimigliano, Jen Acuna, and Tom Stout discuss how the CRA works and whether or not it’s a real, or just a theoretical, risk to the body of TCJA guidance.

 

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