Tax Tweaks May Hitch a Ride on Congress' Relief Bill

Numerous tax-related provisions, including changes to the Paycheck Protection Program and the expansion of anti-layoff credits, could make their way into a larger pandemic relief bill being drafted in Congress right now. However, even though lots of these provisions enjoy bipartisan support, the broader legislative package is stalling as Democrats and the White House can't come to an agreement on its bottom line price tag. On this episode of our podcast, Talking Tax, host Amanda Iacone speaks with Bloomberg Tax congressional reporters, Colin Wilhelm and Kaustuv Basu, about which of these tax provisions will wind up in the final bill—if and when the two sides can reach an agreement.