Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes August 11, 2025
‘Millionaire’s Tax’ Cash Flooded Massachusetts’ Coffers Last Year
Massachusetts collected $43.7 billion in the budget year that ended on June 30, driven by healthy collections from the state’s Millionaire’s Tax and a new capital gains tax, state data show.
IRS August 8, 2025
IRS Commissioner Billy Long Removed by Trump Two Months After Confirmation
Treasury Secretary Scott Bessent will add acting IRS chief to his duties until Long's replacement is installed.
Technology August 8, 2025
Ledgible and BitGo Partner to Help Crypto Clients Stay Tax Compliant
Through this partnership, BitGo clients gain direct access to Ledgible’s tax information reporting and accounting solutions, built to meet the demands of enterprises, fund managers, and financial institutions.
Taxes August 7, 2025
Bessent Pressed by MSNBC Analyst on How Tariffs Are Paid
On MSNBC’s “Morning Joe,” Eugene Robinson walked Treasury Secretary Scott Bessent through addressing the “confusion” when it comes to whether a U.S. importer or another country would have to pay for tariffs.
OBBBA Tax Act August 7, 2025
IRS Says No Changes Needed for Individual Information Returns or Withholding Tables for 2025
The Internal Revenue Service recently stated that, as part of its phased implementation of the One Big Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for Tax Year 2025 related to the new law.
Taxes August 7, 2025
Trump’s Tariffs Take Effect in Fresh Test for Global Economy
Taken together, President Trump’s actions will push the average U.S. tariff rate to 15.2%, well above 2.3% last year and the highest level since the World War II era.
Taxes August 7, 2025
OBBBA: Where to Start for Corporations
The One Big Beautiful Bill Act (OBBBA) has introduced several changes with important implications for businesses.
Sales Tax August 7, 2025
Sales Tax Risk: What Every CFO Should Know Before It Hits Your Bottom Line
Sales tax risk is a silent disruptor. For finance leaders, it’s about time lost, strategic momentum drained, and avoidable exposure creeping in. But it doesn’t have to be.
Taxes August 7, 2025
insightsoftware and Orbitax Partner for Tax Reporting and Pillar Two Compliance
Multinational tax teams face mounting pressure to manage increasingly complex compliance requirements while maintaining accuracy in their tax provisions.
Taxes August 6, 2025
Ex-GOP House Speaker Likens Trump’s Economy to ‘Driving the Car with Two Feet’
Former Republican House Speaker Paul Ryan discussed President Donald Trump’s tariff agenda during a TV appearance on Aug. 5, warning that he sees “choppy waters ahead.”
Taxes August 5, 2025
Ted Cruz Pushes to Save Poker Pros From Surprise Tax Hit in Trump’s One Big Beautiful Bill Act
The Republican Texas senator has joined with Nevada Democrats on legislation to restore the full deductibility of losses, saying it’s a matter of basic fairness for professional players who depend on their winnings to pay their bills.
Taxes August 5, 2025
States Scramble to Complete Renewable Energy Projects Before Tax Credits Expire
Politicians and state leaders say they're focused on fast-tracking permitting decisions and working with regulators to ensure projects can connect to the grid before the tax credits phase out.