State and Local Taxes June 16, 2026
District Court Refuses to Shake Up SALT Cap
If your clients reside in a state where they would qualify for such a workaround, act sooner rather than later.
CAS June 30, 2025
Sales Tax Hive Roundtable Launches to Help Bookkeepers and Accountants Tackle Sales Tax with Confidence
The Sales Tax Sisters and Roundtable Labs partner to launch a supportive, educational space for accounting professionals struggling with sales tax.
Payroll June 30, 2025
Half of Managers Use AI To Determine Who Gets Promoted and Fired
78% use AI to determine raises, 77% for promotions, 66% for layoffs, and 64% for terminations. More than 1 in 5 managers say they frequently allow AI to make final decisions without human input.
Taxes June 30, 2025
Senate Cuts Electric Vehicle Credits From Trump Tax Bill, Draws Ire From Musk
Elon Musk slammed the Senate's latest version of President Donald Trump’s multitrillion-dollar tax bill warning that the cuts to EV and other clean energy credits would be “incredibly destructive” to the country.
Taxes June 30, 2025
G7 Countries Agree to ‘Side-by-Side’ Tax Deal for U.S. Companies
As part of the deal, U.S. officials agreed to remove a provision from President Donald Trump’s tax cut bill, called the "revenge tax," that would have increased taxes on the U.S. income of non-U.S.-based businesses and individuals.
Taxes June 30, 2025
Plan to Sell Public Land Knocked Out of Trump Tax Bill
The plan had drawn opposition from members of both parties, and the Senate parliamentarian last week had ruled a more ambitious plan didn’t belong in the budget bill.
Accounting June 30, 2025
BILL Launches Supplier Payments Plus for High Volume Payment Reconciliation
This new offering helps large suppliers quickly and efficiently process and reconcile high volumes of payments from thousands of SMBs with greater speed, accuracy and ease.
Small Business June 29, 2025
Trump Says He Probably Won’t Extend July 9 Tariff Deadline
President Donald Trump said he doesn’t think he’ll need to extend the July 9 trade deadline he has imposed on countries to secure deals with the U.S. to avoid higher tariffs.
Taxes June 29, 2025
Senate Tax Bill Would Add $3.3 Trillion to Deficit, Says CBO
The bill’s cost has been a big problem for fiscal conservatives. It has faced several obstacles in the Senate as lawmakers have demanded conflicting changes.
Legislation June 29, 2025
AICPA Releases Statement on Text of Senate Bill Regarding Pass-Through Entities
The president and CEO of the American Institute of CPAs, Mark Koziel, CPA, CGMA, has released a statement following the release of the text of the U.S. Senate’s reconciliation bill.
Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Taxes June 27, 2025
Trump Hints July 4 Deadline Could Change for Tax Bill
“It’s not the end-all. It can go longer,” Trump told reporters at a White House press conference on June 27. “But we’d like to get it done by that time, if possible.”
Taxes June 27, 2025
Trump Ends Trade Talks With Canada, Threatens to Set Tariff
President Donald Trump said he was ending all trade discussions with Canada after claiming the country moved to implement a digital services tax and threatened to impose a fresh tariff rate within the next week.