Taxes July 4, 2025
President Donald Trump held an outdoor signing ceremony at the White House on Friday, formally enacting a major tax and spending bill that passed through the Senate and House earlier in the week.
Taxes July 3, 2025
The House advanced President Donald Trump's sweeping tax-and-spending bill in a procedural vote overnight after nearly all of the Republican holdouts flipped their votes in support.
AICPA July 1, 2025
The U.S. Senate passed its reconciliation bill earlier today, which removes the limit on pass-through businesses’ state and local tax (SALT) deductions entirely, generating optimism for those affected businesses.
Taxes June 17, 2025
The proposal, which follows the House’s narrow passage of its own version in May, includes sweeping changes to the tax code.