Payroll June 15, 2026
California Falls Behind Texas in Fortune 500 Ranking
This year, 57 of the top U.S. companies by revenue are headquartered in Texas, including healthcare giant McKesson, compared with California's 56.
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.
Taxes August 5, 2025
If You’re a Fan of Sports Betting or Casino Gambling, You Won’t Be a Fan of a New Trump Tax Law Provision
Taxpayers shouldn’t bet the house that this recent tax change will be reversed and should instead prepare for their betting income to receive a different tax treatment starting next year.
Payroll August 5, 2025
Why the One-Job, One-Career Model Isn’t Working
Knowing how to make the jump from a single-job lifestyle to a more entrepreneurial one could put you on the path to less debt, more savings, and faster wealth accumulation.
Payroll August 5, 2025
Trump Floats Plan to Legalize Undocumented Immigrant Farmworkers
President Trump said he wants to allow migrant farmworkers, millions of whom have lived in the country for years or decades, to remain in the U.S. indefinitely.
General News August 5, 2025
Distrust in U.S. Inflation Data Threatens $2 Trillion Market
A $2 trillion market for securities linked to U.S. inflation data could be the first area of Treasuries that would crack if the Bureau of Labor Statistics is politicized, according to bond investors.
Legislation August 5, 2025
Big Beautiful Bureaucratic Headaches
The One Big Beautiful Bill Act (OBBBA) imposes costly new recordkeeping and administrative requirements on the states and counties that are often the ones who deliver various federal aid programs.
Taxes August 5, 2025
Sen. Josh Hawley Wants $600 Tax Credits for Most Americans But Will Likely Run Into GOP Pushback
The Missouri Republican proposes refundable tax credits of at least $600 per adult and dependent child. The credits would phase out for incomes exceeding $75,000 for singles and $150,000 for joint filers.
Taxes August 5, 2025
Kiddie Tax 101: What Is It, How Does It Work, and Who Has to Pay It?
The kiddie tax was established almost 40 years ago to prevent parents from avoiding taxes by transferring large gifts of investment assets to their children.
Mergers and Acquisitions August 5, 2025
Top 100 Accounting Firms Strike Deal, as Freed Maxick Joins Withum
Buffalo, NY-based Freed Maxick and Princeton, NJ-based Withum have combined, effective Aug. 1, in a deal involving two of the 100 largest accounting firms by revenue in the U.S.
Taxes August 5, 2025
Republicans Betting Trump Tax Law’s Business Provisions Trigger Boon
Three tax provisions intensely sought by business interests carry a heavy share of hopes by Republicans, like Rep. Kevin Hern of Oklahoma, that their "big, beautiful bill" will trigger one big, beautiful boon in the U.S. economy.
Taxes August 5, 2025
AICPA Seeks Guidance on Small Business Taxpayer Domestic Research Costs, Enacted in H.R. 1
The AICPA notes that the issue raised in the letter requires immediate consideration as many eligible taxpayers have not yet filed their income tax returns for the 2024 income tax filing period.