Legislation

Taxes July 18, 2025 

The new law implements changes to premium tax credit rules and makes marketplace insurance more expensive and harder to keep.

Taxes July 18, 2025 

Experts debate if the elimination of the 30% federal tax credit for residential rooftop solar installations will significantly hurt the industry or if solar adoption developed such momentum that it will continue to grow on its own.

Taxes July 18, 2025 

A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028.

Taxes July 17, 2025 

The IRS released a fact sheet earlier this week describing new tax provisions—no tax on tips, no tax on overtime, no tax on car loan interest, and a deduction for seniors—in the One Big Beautiful Bill Act.

Jason Bramwell

Taxes July 17, 2025 

President Trump, who built a career on savvy branding, has yet to convince the public that the law’s sweeping tax cuts and reductions to social safety-net programs are good policy.

Taxes July 17, 2025 

The GOP megabill staggers the rollout of its sweeping budget provisions, including tax breaks and social program cuts.

Taxes July 17, 2025 

The One Big Beautiful Bill Act encompasses considerable changes to student loans and tax increases on certain college and university endowments.

Taxes July 15, 2025 

Beginning on Jan. 1, companies in the U.S. will no longer be able to deduct the cost of snacks, coffee or on-site lunches provided to workers, according to a provision in the "big, beautiful bill."

Taxes July 14, 2025 

Las Vegas Democratic Rep. Dina Titus is expanding the coalition opposing a last-second provision added to President Donald Trump's "big, beautiful bill" capping how much can be deducted from gambling winnings to 90% of losses.

Taxes July 14, 2025 

Yale University has frozen hiring as it begins to brace for an expected major funding gap that the school says is due to a hike in the federal endowment tax and other cuts by the Trump administration.

Accounting Technology Lab Podcast July 11, 2025 

In this special podcast, Brian Tankersley, CPA, and Randy Johnston welcome Wolters Kluwer tax law expert Mark Luscombe, CPA, to discuss the key changes to tax law with the passage of the One Big Beautiful Bill Act.

Brian Tankersley, Randy Johnston

Taxes July 11, 2025 

Nevada Democratic Sen. Catherine Cortez Masto sought to reverse the cut in losses deduction that was included in the One Big Beautiful Bill Act, but she ran into objections from some Republicans.