Taxes November 11, 2025
Shutdown Deal Leaves Popular Obamacare Tax Credits on Shaky Ground
Expiring Affordable Care Act subsidies face an uphill battle for renewal as Democrats try to find enough Republicans to back an extension.
Taxes November 10, 2025
Democrats Concede Shutdown Fight Without Health Care Win in Hand
They did get a pledge for a separate vote on the health-care tax credits in the coming weeks, but the prospects of Democrats landing a win from that endeavor are far from certain.
Taxes November 7, 2025
Schumer Proposes 1-Year ACA Tax Credit Extension to End Shutdown
The Senate minority leader proposed simultaneous votes to fund the government and to extend the subsidies to the Affordable Care Act, which would largely prevent skyrocketing premiums for over 20 million Americans.
Taxes November 6, 2025
IRS Grants Penalty Relief for Reporting Tips and Overtime Under OBBBA
The Treasury Department and the IRS issued guidance on Nov. 5 providing penalty relief to employers and other payors for tax year 2025 on the new information reporting rules for cash tips and qualified overtime compensation in the tax-and-spending law.
Taxes November 4, 2025
GOP Rep. Max Miller Plans to Unveil Cryptocurrency Tax Legislation
The Ohio Republican is preparing to introduce a bill with Rep. Steven Horsford (D-NV) that Miller says will transform how digital assets are regulated and taxed in the U.S.
Taxes November 3, 2025
Trump’s Tariff Regime Case Could Reshape Congress’ Taxing Power
The Supreme Court will hear oral arguments Wednesday over whether a law allows President Donald Trump to implement a worldwide tariff regime, in a case experts and lawmakers said ultimately could undermine Congress’ foundational power over taxation.
Taxes October 24, 2025
IRS Answers Questions About ERC Compliance Under Trump’s Tax Law
The IRS issued frequently asked questions on Oct. 22 about how the One Big Beautiful Bill Act affects the Employee Retention Credit, along with answers to seven other queries about the pandemic-era tax credit.
Taxes October 24, 2025
Bipartisan Scrutiny Grows Over Nonprofit Hospitals’ Billions in Tax Benefits
For once, Democrats and Republicans may be on the same page: nonprofit hospitals should prove they're earning their tax-exempt status.
Payroll October 24, 2025
Bills to Pay Federal Workers During Shutdown Stall, But Senators Say They Are Ready to Compromise
Key senators of both parties said they would try to find a way to pay all federal employees during the partial government shutdown after the Senate blocked consideration of dueling proposals on Oct. 23.
Taxes October 22, 2025
Senate Bill Making it Easier to Fix Math Mistakes on Your Tax Return is Headed to Trump’s Desk
The bipartisan IRS MATH Act, as it’s known, cleared the Senate unanimously on Oct. 21, after previously winning approval in the House of Representatives on a voice vote in April.
Taxes October 15, 2025
Inside the Debate Over ACA Tax Credits That is Driving the Government Shutdown
Republicans contend that extending the premium tax credits is a complex task with a lot of moving parts that need to be addressed. But Democrats point out that those bills are already in the mail. Enrollment begins on Nov. 1.
General News September 29, 2025
Expectations Low for Prevention of Government Shutdown
President Donald Trump and top congressional leaders have strong political incentives to stoke the ongoing stalemate during a White House meeting Monday even as they drive the U.S. to its first government shutdown in nearly seven years.