Despite the political controversy swirling around the firing of James Comey and the appointment of a special prosecutor, the White House and Republicans are determined to push forward with tax reform. Later this week, Treasury Secretary Steven Mnuchin will testify on Trump's Budget Proposal before the House Ways and Means Committee, the committee drafting the House of Representatives tax reform bill. The House Ways and Means Committee also held a hearing last week on "How Tax Reform Will Grow Our Economy and Create Jobs."

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.