Taxes April 13, 2026
Understanding the Federal R&D Tax Credit
Beginning with the 2025 tax year, the One Big Beautiful Bill Act allows U.S. businesses to fully deduct domestic R&D expenses in the year they are incurred.
Taxes August 11, 2025
Why California’s Wealthiest Taxpayers Could Get Less of a Trump Tax Break
SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California than most other states, according to experts.
OBBBA Tax Act August 7, 2025
IRS Says No Changes Needed for Individual Information Returns or Withholding Tables for 2025
The Internal Revenue Service recently stated that, as part of its phased implementation of the One Big Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for Tax Year 2025 related to the new law.
Taxes August 7, 2025
OBBBA: Where to Start for Corporations
The One Big Beautiful Bill Act (OBBBA) has introduced several changes with important implications for businesses.
Taxes August 5, 2025
States Scramble to Complete Renewable Energy Projects Before Tax Credits Expire
Politicians and state leaders say they're focused on fast-tracking permitting decisions and working with regulators to ensure projects can connect to the grid before the tax credits phase out.
Taxes August 5, 2025
If You’re a Fan of Sports Betting or Casino Gambling, You Won’t Be a Fan of a New Trump Tax Law Provision
Taxpayers shouldn’t bet the house that this recent tax change will be reversed and should instead prepare for their betting income to receive a different tax treatment starting next year.
Legislation August 5, 2025
Big Beautiful Bureaucratic Headaches
The One Big Beautiful Bill Act (OBBBA) imposes costly new recordkeeping and administrative requirements on the states and counties that are often the ones who deliver various federal aid programs.
Taxes August 5, 2025
Republicans Betting Trump Tax Law’s Business Provisions Trigger Boon
Three tax provisions intensely sought by business interests carry a heavy share of hopes by Republicans, like Rep. Kevin Hern of Oklahoma, that their "big, beautiful bill" will trigger one big, beautiful boon in the U.S. economy.
Taxes August 5, 2025
Workers Cautiously Embrace No Tax on Tips and Overtime
Workers are cautiously optimistic about the tax code changes in the One Big Beautiful Bill Act, which allow some to deduct tips and overtime pay from their income up to certain limits.
Special Section: Guide to 2025 Tax Changes August 1, 2025
Trump Tax Law Builds a New Foundation for Taxation – OBBBA Tax Law Changes
Along with the extensions, the OBBBA makes some other technical tweaks that may benefit some individuals in the lower tax brackets. All brackets will continue to be adjusted annually for inflation.
Taxes July 31, 2025
New Federal School Voucher Program Poses a Quandary for States: Opt In or Opt Out?
A tax credit in Trump’s signature law leaves states to sort out rules, funding, and oversight.
State and Local Taxes July 28, 2025
One Tax Change in Trump’s ‘Big Beautiful Bill’ That Even Illinois Gov. JB Pritzker Supports
The budget reconciliation plan Republicans pushed through Congress this summer includes a tax change that Democrats as well as some Republicans in high-tax blue states have backed for years.
Taxes July 28, 2025
In Las Vegas, House Republicans Take Victory Lap on ‘No Tax on Tips’ Policy
"No tax on tips" took center stage on July 25 during a visit from the House Ways and Means Committee to Las Vegas to promote President Donald Trump's One Big Beautiful Bill Act.