Taxes April 29, 2025
A bipartisan duo is reintroducing a popular measure this week that would expand the low-income housing tax credit with an eye toward including it in Republicans’ budget reconciliation package.
Taxes March 19, 2025
If an Indiana or Ohio bill passes, it would mark the first time a GOP-led state implemented a refundable child tax credit.
Legislation March 12, 2025
But with most Democrats opposed and 60 votes needed in the Senate to avoid a filibuster, it is unclear if the measure has the support needed in that chamber to pass.
Taxes February 26, 2025
Chances for early action on Donald Trump's tax cut plans improved as House Republicans passed a budget blueprint Tuesday calling for deep cuts in safety-net programs such as Medicaid.
Taxes February 20, 2025
No one can say with certainty but lawmakers are hopeful that the partisan bickering that's dominated Washington debate will subside on the disaster tax relief issue.
Taxes February 19, 2025
The quarter percent federal excise tax, also known as the handle tax, "does nothing except penalize legal gaming operators for creating thousands of jobs," said U.S. Rep. Dina Titus, D-Las Vegas.
Accounting February 4, 2025
House Bill 2459, introduced on Feb. 3 by state Reps. Natalie Manley (D) and Amy Elik (R), who are both CPAs, would amend the Illinois Public Accounting Act to create two additional pathways to CPA licensure in the state and enhance CPA practice privilege mobility.
Taxes August 25, 2023
The IRS on Aug. 23 announced 2024 indexing adjustments for important percentages under the Affordable Care Act.
Small Business June 8, 2023
The Employer Reporting Improvement Act would make it easier for businesses to comply with the Affordable Care Act.
Small Business May 31, 2023
The Regulate Marijuana Like Alcohol coalition is gathering signatures across the state in hopes of qualifying for the November ballot. Ohio already has a medical marijuana program.
Small Business May 23, 2023
Colorado’s cannabis entrepreneurs face a perfect storm of problems: too much supply, not enough demand, plunging prices, heightened competition in other states and ...
Small Business May 1, 2023
The Minnesota Senate cast its first-ever vote to legalize recreational marijuana on Friday, pushing the proposal closer to becoming law than ever before.