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Taxes

Information regarding my stance on Tax issues.
July 3, 2025

Washington, DC — Today Congressman Adrian Smith (R-NE) issued the following statement after the House passed the Senate amendment to H.R. 1, sending the One Big Beautiful Bill Act to President Trump's desk for signing into law.

June 6, 2025
Columns

For workers and entrepreneurs, few places are as ripe with economic opportunity as the United States of America. Our world-leading workforce, natural resources, educational institutions, rule of law committed to protecting capital investment, and unique features such as deepwater ports providing access to export goods and services to consumers across both the Atlantic and Pacific Oceans provide opportunities for American families with few rivals elsewhere around the globe. Despite these economic strengths, there is much we can improve.

Issues:EconomyJobsSmall BusinessTaxesWays & Means
May 30, 2025
Columns

For many Americans filing taxes can be painstaking and time-consuming. Poor customer service and outdated technology systems at the IRS contribute to a lack of transparency and threaten to turn the process into a dreaded ritual every tax season. Streamlining the process to empower Americans to more easily file their taxes is an important goal.

Issues:BudgetTaxesWays & Means
May 23, 2025
Columns

This week our nation marked 163 years since the signing of the Homestead Act, legislation enacted by President Lincoln which played a key role in the development of farmland across Nebraska and rural America. Through perseverance, resourcefulness, and sacrifice, the Third District became a global breadbasket, and today, agriculture remains the economic driver of our state. For the future of agriculture, advancing sound domestic and international trade policy is critical to keep pace with innovation and secure prosperity for our communities.

Issues:AgricultureEnergyRural DevelopmentSmall BusinessTaxesTrade
May 22, 2025

Washington, DC — Today Congressman Adrian Smith (R-NE) released the following statement after the House of Representatives passed, with his support, a legislative package to advance President Trump's priorities to enact tax relief, secure the border, promote energy abundance, and expand economic growth.

May 16, 2025
Columns

This week, several House committees took significant steps to advance our legislative package to enact President Trump’s top policy priorities. In the Committee on Ways and Means, my colleagues and I began a meeting to consider the tax title of this package on Tuesday afternoon and spent more than 17 hours scrutinizing and deliberating before ultimately approving portions of the bill within our committee's subject matter.

Issues:EconomySmall BusinessTaxesWays & Means
April 18, 2025
Columns

The Easter holiday is a special time of year to celebrate and spend precious time with family. As the spring brings signs of new growth to trees and fields, we are reminded of the gift of life, the resurrection of Christ, and the blessing of creating memories with loved ones. My work on behalf Third District Nebraskans in Congress is especially meaningful when it serves to strengthen families and the relationships most fundamental for our communities. 

Issues:EducationTaxesWays & Means
April 10, 2025

Washington, DC — Today Representatives Adrian Smith (R-NE) and Jimmy Panetta (D-CA) introduced the IRA Charitable Rollover Facilitation and Enhancement Act to amend a restriction in the tax code preventing donors from making Qualified Charitable Distributions to donor-advised funds (DAFs). Current law prohibits individuals from using an IRA Charitable Rollover to contribute to a DAF. DAFs allow individuals and families to designate funds for charitable giving upfront and allocate the funds to their preferred charities over a number of years.

April 4, 2025
Columns

As we near the final days of tax season, customer service at the IRS is on the minds of many Americans. Most Americans work hard and pay their taxes in good faith, yet in Fiscal Year (FY) 2023, 32 percent of customers said they were dissatisfied with their experience with the agency’s Independent Office of Appeals. Sadly, these rates have trended in the wrong direction since Democrats poured $80 billion into the IRS to hire 87,000 new agents in 2022. In FY21 just 19 percent of taxpayers reported dissatisfaction with the IRS.

Issues:TaxesWays & Means
March 27, 2025

Washington, DC — Today Reps. Adrian Smith (R-NE), John Larson (D-CT), Michelle Fischbach (R-MN), and Jimmy Panetta (D-CA) introduced the Rural Veterinary Workforce Act, legislation to help address the shortages in essential veterinary services facing rural communities.

Senators Mike Crapo (R-ID) and Tina Smith (D-MN) introduced companion legislation in the Senate.

The members released the following statements: