Legislation August 20, 2026
Husted Introduces Bill to Let Homebuyers Tap 529 Savings for Down Payments
U.S. Sen. Jon Husted (R-Ohio) has introduced legislation that would let first-time homebuyers use unused college savings toward a down payment.
Taxes July 3, 2025
Congress Passes Trump Tax Bill; President to Hold Signing Ceremony on July 4
The House passed Republicans' sweeping tax-and-spending bill Thursday afternoon, a day earlier than the July 4 deadline President Donald Trump set to have it on his desk to sign.
Taxes July 2, 2025
GOP Leaders Work to Convince House Holdouts on Trump Tax Bill
Republicans were scrambling Wednesday to salvage their “big, beautiful” reconciliation bill amid a revolt from conservatives over the measure’s growing price tag.
Taxes July 2, 2025
How Trump Tax Bill Could Impact Gamblers
A Nevada lawmaker and a downtown Las Vegas casino owner are among those united in opposition to a provision in the proposed federal budget bill that would limit declarable losses for gamblers.
Taxes July 2, 2025
Trump Tax Bill Hits GOP Resistance in House Ahead of Vote
President Donald Trump’s multitrillion-dollar tax bill is running into Republican resistance in the House as ultraconservative and moderate GOP lawmakers threaten to defy the president and sink his domestic agenda.
Taxes July 2, 2025
Trump Risks Voter Blowback as GOP Tax Bill Moves Forward
Polling has found the "big, beautiful bill" is not especially popular with voters, prompting Democrats to see an opening to weaponize it in midterm contests.
Taxes July 1, 2025
Trump Tax Bill Passes Senate
The slim 51-50 vote margin sets up a frantic few days in the House, where Republicans have to figure out how to unite to get a bill to President Donald Trump’s desk before his self-imposed July 4 deadline.
Taxes July 1, 2025
Elon Musk Lashes Out at Tax Bill Proponents, Threatens to Unseat Lawmakers
The Tesla CEO is once again threatening to ramp up his political spending, this time targeting nearly every sitting Republican in Congress who has signaled support for President Donald Trump’s multitrillion-dollar tax bill.
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.
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.
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.”