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Kat Lucero

Reporter, The Hill Extra Finance

Washington, D.C.

Kat Lucero

D.C.-based tax reporter

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Experts think tax reform possible in 2017

Comprehensive tax reform now appears to be a promising goal in 2017 with Republicans in control of the White House and both chambers of Congress following the party’s Election Day victories, some experts believe. “It makes the probability that Congress enacts comprehensive tax reform by the August recess of 2017 ... near 80 percent,” Kenneth J.
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Watchdog: IRS faces barriers in tax avoidance reviews

The Internal Revenue Service lacks a strong operation to audit a critical international tax compliance area, according to a watchdog report released Thursday. At issue is transfer pricing, a cost structure used by multinational companies to price goods and services they sell to subsidiaries in foreign locations.
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Companies eyeing banks' help with Treasury’s debt-equity rules

Many companies could face millions of dollars in compliance costs — and possibly outsource the work to financial services — if the Treasury Department finalizes the debt-to-equity recharacterization rules intended to discourage post-inversion activities. “That is something businesses are in fact considering because if it’s third-party debt, they know it’s debt,” said Carol Doran Klein, vice president and international tax counsel for the United States Council for International Business (USCIB).
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Rep. Brady plans to move tax reform legislation in 2017

The House’s top taxwriter wants to pursue tax reform legislation next year, according to the Ways and Means Committee’s Republican chief tax counsel. “The committee is now focused on the ongoing work of building tax reform legislation based” on the tax blueprint under the House GOP’s “Better Way” policy platform, said Barbara Angus, chief tax counsel for Rep.
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Lawmaker seeks to investigate Obama's foreign tax compliance law

A congressional panel is planning to examine President Obama’s signature foreign asset reporting law that aims to target offshore tax evasion, Rep. Mark Meadows (R-N.C.) told The Hill Extra. The Foreign Account Tax Compliance Act (FATCA) requires that foreign financial institutions and other related entities report to the IRS certain foreign accounts held by U.S. taxpayers.
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Renacci Seeks to Pass Entire ID Theft Bill

As a CPA and business owner, Rep. Renacci, R-Ohio, has been preparing his own federal income tax return forms for several decades. The final product becomes a thick pile of documents, which the House Ways and Means Committee member submits to the IRS on the extension date in October instead of the regular filing deadline in April.
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Roskam to Continue Oversight's Push for Asset Forfeiture Reform

I sat down with Ways and Means Oversight Subcommittee Chair Peter J. Roskam of Illinois to talk about his work on civil asset forfeiture, IRS administration, tax-exemption in higher education, and Iran.
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Senate Appropriators Adopt $10.48 Billion IRS Funding Bill

The Senate Appropriations Committee on July 23 approved legislation that would continue the ongoing budget cuts at the IRS and yet would seek to improve taxpayer services ...
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Two environment stories on the front page

D.C. Dept. of the Environment has postponed plans to overhaul its solar panel rebate program. ..... DC Water is seeking public comment as it prepares to study options for controlling sewage overflows into the Potomac River.
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Kennedy Center unveils more expansion details

A two-story structure on the Potomac River and two new pavilions connected underground are among the recently revealed details of a proposed major Kennedy Center expansion. In addition to the Kennedy Center, the Georgetown Current's front page also featured my local arts story -- "Local graffiti artist debuts in Georgetown's FAD."
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Local Marine runs 65 miles for cystic fibrosis fundraiser

A Palisades resident ran 65 miles around D.C.'s Tidal Basin on Saturday to raise money for foundation seeking cure for cystic fibrosis, which his wife has had since birth. (all editions)
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Local Graffiti Artist Debuts in Georgetown for FAD

Local artist Kelly Towles likes to root for the underdog.
Georgetown Current Link to Story

About

Kat Lucero

Kat recently joined The Hill Extra Finance. She earned her federal policy and regulation reporting chops as a congressional reporter for Tax Analysts, where she covered a wide range of tax-related topics from the IRS commissioner impeachment efforts to the Treasury Department's controversial proposed debt-equity rules.

She previously wrote for the Current Newspapers, a group of community weekly publications covering Northwest Washington, D.C. She also immersed herself in data journalism, following the money trail in policy and politics as a fellow for the Sunlight Foundation Reporting Group. She also contributed to DCist, Eater DC, Washington Diplomat, Washingtonian, Elevation DC and the Washington Post Express.

Her past life involved graduate school, market research, polling, political research and campaigns, lots of political science courses, and a college newsroom inside an eerily beautiful gothic building that was torn down to expand an "L" station. (Guess where she's from...)

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Skills

  • Congress
  • Tax Administration
  • Tax Policy
  • Web Production
  • Business Reporting
  • Investigative Reporting
  • Data Journalism
  • Photography
  • Reporting
  • Data Analysis
  • Political Journalism
  • Food and Restaurant Reporting
  • Survey Research
  • Content Management Systems
  • FOIA
  • Video Editing
  • Social Media