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Legislation

Husted Introduces Bill to Let Homebuyers Tap 529 Savings for Down Payments

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.

Featured Articles

August 12, 2026  

Wyden’s Wildfire Tax Relief Bill Passes Just Before Congress Recesses

August 10, 2026  

New Senate Bill Would Provide $10,000 Tax Credit Toward Home Upgrades for Seniors

August 10, 2026  

Heinrich Proposes Bill That Would End Tax Breaks for Oil and Gas Drilling Abroad

July 31, 2026  

IRS Modernization Bill Approved by Senate Panel

July 14, 2026  

AICPA Expresses Support for Bill to End Tax Penalties on American Hostages
 Newsom: California Will Offer EV Rebates if Trump Cuts Federal Tax Credit

Taxes November 25, 2024 

Newsom: California Will Offer EV Rebates if Trump Cuts Federal Tax Credit

Experts expect the Trump administration to reform, rather than eliminate, the $7,500 tax credit under the Inflation Reduction Act.

Trump Vows 25% Tariffs on Canada and Mexico, and 10% More on China on ‘Day One’

Legislation November 25, 2024 

Trump Vows 25% Tariffs on Canada and Mexico, and 10% More on China on ‘Day One’

Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada in posts to his Truth Social network on Monday that sent the dollar higher and equities lower.

Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department

Taxes November 23, 2024 

Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department

Donald Trump has nominated Scott Bessent, the founder of Key Square Group, a global investment firm. The 62 year-old Yale alum served as an economic advisor during Trump's first administration, and a major campaign fundraiser and donor.

Isaac M. O'Bannon

 Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit

Taxes November 22, 2024 

Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit

“We are not planning our business based on tax credits,” José Muñoz, Hyundai North America’s chief executive, said Thursday.

House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections

Taxes November 21, 2024 

House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections

Fears of a vengeful Donald Trump caused dozens of House Democrats to rethink prior support for the legislation.

Treasury, IRS Final Regs on Direct Pay Expand Clean Energy Tax Credit Access

Taxes November 20, 2024 

Treasury, IRS Final Regs on Direct Pay Expand Clean Energy Tax Credit Access

The rules provide more flexibility for direct pay-eligible entities that want to jointly invest in clean energy projects, Treasury says.

Jason Bramwell

EV Tax Credit Death Could Be First Effect of New Trump-Musk ‘Bromance’

Taxes November 18, 2024 

EV Tax Credit Death Could Be First Effect of New Trump-Musk ‘Bromance’

Analysts say revoking the consumer tax credit for plug-in electric vehicles would do more damage to the Detroit Three than to Tesla.

Consumer Demand for EV Rebates Spikes Amid Uncertainty Over Tax Incentives

Taxes November 18, 2024 

Consumer Demand for EV Rebates Spikes Amid Uncertainty Over Tax Incentives

President-elect Donald Trump has proposed killing the federal electric vehicle tax credit enacted by the Inflation Reduction Act.

 Taxes, Tariffs and More: 5 Key Economic Stakes of the U.S. Election

Taxes November 4, 2024 

Taxes, Tariffs and More: 5 Key Economic Stakes of the U.S. Election

Tuesday's election will have far-reaching economic consequences, ranging from how Americans are taxed to global trade and energy.

Campaign-Trail Tax Proposals Face Hard Road to Passage

Taxes November 1, 2024 

Campaign-Trail Tax Proposals Face Hard Road to Passage

Former members of Congress and staff have mixed predictions for the viability of the presidential candidates' tax proposals.

Tax Lobbying Ramps Up in Q3 Ahead of Elections

Taxes October 24, 2024 

Tax Lobbying Ramps Up in Q3 Ahead of Elections

Lobbyists this year have stressed the need for companies to engage early on next year’s expiring tax provisions.

IRS Issues Additional Guidance For the Sustainable Aviation Fuel Tax Credit

Taxes October 21, 2024 

IRS Issues Additional Guidance For the Sustainable Aviation Fuel Tax Credit

The IRS provided new guidance to taxpayers using the safe harbors for the SAF credit that were outlined by the agency last April.

Jason Bramwell

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