Taxes January 22, 2025
Sen. Bernie Moreno, a newly elected Ohio Republican, introduced his first piece of legislation on Tuesday—a bill aimed at funding the External Revenue Service that President Donald Trump has promised to create.
January 17, 2025
January 17, 2025
Taxes January 22, 2025
Sen. Bernie Moreno, a newly elected Ohio Republican, introduced his first piece of legislation on Tuesday—a bill aimed at funding the External Revenue Service that President Donald Trump has promised to create.
Taxes January 21, 2025
With President Donald Trump back in the White House for a second term, Americans can expect to see major tax law changes in the years ahead.
Taxes January 17, 2025
Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump's intended Treasury secretary nominee Scott Bessent.
Taxes January 17, 2025
During the election cycle, President-elect Donald Trump campaigned on the promise to eliminate taxes on tips—a policy he first introduced during a rally in Las Vegas.
Taxes January 17, 2025
Washington is poised once again to return to united Republican control, and the GOP is preparing to extend the Tax Cuts and Jobs Act paired with deep cuts to federal programs that lower-income households rely on, such as Medicaid.
Small Business January 16, 2025
A new report from Goldman Sachs 10,000 Small Businesses Voices and the Bipartisan Policy Center offers an actionable playbook to help grow the U.S. economy by tackling the most pressing challenges faced by our nation’s small businesses.
Taxes January 16, 2025
There's less than a week before President-elect Donald Trump begins his second term, and congressional Republicans are already working to preserve one of his signature policies.
Taxes January 15, 2025
Under Section 45W of the tax code, the credit may be claimed by purchasing and placing in service qualified commercial clean vehicles, including certain battery electric vehicles, plug-in hybrid EVs, fuel cell EVs, and plug-in hybrid fuel cell EVs.
Taxes January 15, 2025
Section 45Z of the tax code provides a tax credit for the production of transportation fuels with lifecycle greenhouse gas emissions below certain levels. The credit is in effect in 2025 and is for sustainable aviation fuel and non-SAF transportation fuels.
Taxes January 14, 2025
The proposed regulations address several SECURE 2.0 Act provisions, including ones aimed at the new Roth IRA catch-up rule and the new automatic enrollment requirement for 401(k) and 403(b) plans.
Taxes January 14, 2025
The Section 48E(h) program expands the 48(e) bonus credit and promotes cost-saving clean energy investments in low-income communities, on Indian land, or as part of affordable housing developments and aims to benefit low-income households.
Taxes January 13, 2025
The main focus of the face-to-face meeting was the $10,000 cap on the so-called SALT deduction that was a signature feature of Trump’s 2017 tax cut bill, set to expire for tax years after 2025. The group wants to see the cap raised or even eliminated.