Firm Management October 23, 2026
The Future of Your Tax Practice is Connected. Here’s Your Path Forward
Connect your team, clarify next steps, and cut the chase—so your practice grows. Here’s how.
Taxes May 22, 2025
House Passes Sweeping ‘Big, Beautiful Bill’ After Weeks of Arm-Twisting
House Republicans sent to the Senate a filibuster-proof package that would deliver the major elements of President Donald Trump’s legislative agenda, from tax cuts and border security to lifting the nation’s borrowing limit.
IRS May 22, 2025
17 People Arrested After IRS Participates in ICE Raid at Seattle-Area Beverage Company
In one of the first immigration raids involving the IRS, federal agents arrested 17 people at Eagle Beverage and Accessories Products in Kent, WA, on May 20.
Taxes May 22, 2025
Trump Tax Bill Holdouts Lured with SALT Hike, Medicaid Cuts
House Republican leaders released a new version of President Donald Trump’s massive tax-and-spending bill Wednesday night in a bid to win over warring GOP factions to support the legislation.
Taxes May 21, 2025
Analysis of Tax Issues in Trump’s ‘One Big, Beautiful Bill’ Available for Download
Instantly access a unified, organized summary of every section in the legislative bill, highlighting what matters most for tax planning and compliance.
Taxes May 21, 2025
House Republicans Close in on Deal for $40,000 SALT Cap
Republicans Wednesday were closing in a on deal to raise the cap on deducting state and local taxes to $40,000 a year, a key breakthrough that would boost passage of President Trump’s sprawling budget bill.
Taxes May 21, 2025
Trump’s ‘Big, Beautiful’ Tax Bill Will Add $3.8 Trillion to Deficit, CBO Says
An analysis of the bill by the Congressional Budget Office also found that the lowest-income households will see their resources drop.
Taxes May 21, 2025
AICPA is Not Pleased with GOP’s ‘Big, Beautiful’ Tax Bill
The letter also outlines several provisions included in the bill that are supported by the AICPA.
Taxes May 20, 2025
Senate Unanimously Passes No Tax on Tips Act
The bill, which eliminates federal tax on tips for hospitality workers and servers, passed via unanimous consent on Tuesday after Democratic Nevada Sen. Jacky Rosen brought it to the floor and no other senator blocked it.
IRS May 20, 2025
Trump IRS Nominee Billy Long Grilled Over Ties to Fraudulent Tax Credits
The former Missouri lawmaker acted as a pitchman for tax credits that didn’t exist, Senate Finance Committee Democrats said.
Taxes May 20, 2025
Trump Doesn’t Satisfy GOP Holdouts as Tax-and-Spending Bill Talks Drag On
Republican leaders had hoped the high-profile presidential visit would close deal on Trump-backed “big, beautiful” filibuster-proof reconciliation bill Tuesday.
Taxes May 20, 2025
AICPA Comments on Proposed Regulations Regarding the Previously Taxed Earnings and Profits and Related Basis Adjustments Under Sections 959 and 961
The proposed regulations provide rules addressing various aspects of the PTEP regime, such as increases and decreases to basis of stock, foreign currency gain or loss, and allocation of foreign tax credits.
Taxes May 20, 2025
Trump Pushes Republican Lawmakers to Back Sprawling Tax-and-Spending Bill
President Trump headed to Capitol Hill Tuesday to push squabbling Republican members of Congress in person to set aside differences and pass his sprawling budget bill.