Legislation
Latest...
North Texas Has 5 of the 15 Fastest-Growing Small U.S. Cities
Mortgage Rates Drop to 7.02%
IRIS Acquires Utah-Based Swipeclock
Sales Tax Exemption Certificate Management Remains a Risk Factor for Many Businesses
Why Businesses with High Capex Should Delay Filing Their Tax Returns This Year
With a bipartisan bill making its way through Congress, entrepreneurs might be able to take advantage of additional tax cuts.
Why Opportunity Zones Are a Good Investment in 2024
As a provision in the TCJA, opportunity zones could sunset at the end of 2026, but there’s still time to maximize tax benefits.
Treasury: IRS Could Collect $561 Billion in Revenue Thanks to Inflation Reduction Act
However, Treasury warned that if $20 billion is cut from the IRS’s funding allotment, it would reduce revenues by over $100 billion.
Why Idaho Senator Mike Crapo Largely Controls Bipartisan Tax Bill’s Fate
The top GOP member of the Senate Finance Committee has signaled he won’t support the family and business tax break bill as-is.
GOP SALT Bill on Shaky Ground After Getting Over House Rules Hump
Democrats back lifting deductions cap but argue Republican-backed legislation is an election-year gift.
Tax Relief for Fire Victims Clears Major Hurdle with House Vote
The measure was approved 357-70 by the House of Representatives as part of a bipartisan tax deal that included fire victim tax relief.
House Passes Bipartisan Tax Bill Without SALT Changes
The bill would devote about $33 billion to reviving a trio of business tax breaks and roughly the same amount to expand the child tax credit.
$78 Billion Tax Deal Gets More Bipartisan Support in Congress
Ways and Means voted to approve a tax package that would revive a trio of business tax incentives and expand the child tax credit.