Tax

The policy experts at GuidePost Strategies are committed to delivering clear, actionable solutions in an ever-evolving tax landscape. Specializing in tax policy and regulatory matters, our operatives have deep expertise in navigating complex tax environments. We provide strategic counsel to businesses, trade associations, and government entities, with services including legislative analysis, advocacy, stakeholder engagement, and policy development.

  • BILL SUMMARY: FINAL VERSION OF "THE ONE BIG BEAUTIFUL BILL"

    The One Big Beautiful Bill Act (H.R. 1), enacted on July 4, 2025, is a sweeping budget reconciliation law that advances President Trump’s second-term agenda across nearly all major areas of domestic and national policy.

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  • KEY PROVISIONS IN THE INFLATION REDUCTION ACT

    On Sunday, August 7, the Senate passed H.R. 5376, the “Inflation Reduction Act”, as amended by a vote of 51-50 with Vice President Harris as the tie-breaker. We describe the updates to H.R. 5376 throughout this memo, but note that the following amendments were agreed to during its consideration on the Senate floor

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  • CLIENT NOTE

    The federal gas tax has been set at 18.4 cents per gallon since 1993. Federal gas and diesel taxes are the primary revenue source for the Highway Trust Fund, which is the primary source of funding for federal highway and transit projects.

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  • TREASURY DEPARTMENT CLIMATE AND CLEAN ENERGY NOTICES

    On Thursday, October 6, the Treasury Department held a briefing on the process they will follow in formulating guidance and rules to implement the climate and clean energy tax provisions of the Inflation Reduction Act (IRA). The briefing featured Tom West, Deputy Assistant Secretary for Domestic Business Tax in the Office of Tax Policy.

    ACSCC will likely meet next in early February 2023 and hold three 2023 meetings.

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Our Tax Policy Team