Newsletter

All articles that are sent in the form of a newsletter.

State of the State: Governor Greg Abbott

Governor Greg Abbott today delivered his State of the State, naming property taxes and school finance reform emergency items.  The Texas Tribune reports on the address, and you can see the full transcript of his remarks here. From the Tribune: “Speaking in the Texas House to both chambers of the Legislature, Abbott named as emergency …

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Tribune: Top Leaders Announce Property Tax Plan

From The Texas Tribune Texas leaders want voters to OK property tax revenue growth over 2.5 percent. They couldn’t get 4 percent in 2017. The leaders of both legislative chambers say they will be united this year — even if cities and counties push back — and that local officials should come to Austin with …

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Member News: New subdivision could multiply Elmendorf’s population

From KSAT By Garrett Brnger – Reporter City of ‘pretty close to about 2,000’ prepares for 3,500-home subdivision   ELMENDORF, Texas – Elmendorf is a small, sleepy city on the verge of possibly multiplying its population with an enormous new subdivision. “There’s been some growth over these years, but nothing quite as dramatic as what …

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Treasury, IRS issue final regulations, other guidance on new qualified business income deduction; Safe harbor enables many rental real estate owners to claim deduction

WASHINGTON — Today the Treasury Department and the Internal Revenue Service issued final regulations and three related pieces of guidance, implementing the new qualified business income (QBI) deduction (section 199A deduction). The new QBI deduction, created by the 2017 Tax Cuts and Jobs Act (TCJA) allows many owners of sole proprietorships, partnerships, S corporations, trusts, …

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