Taxes July 7, 2025
A Nevada lawmaker has proposed a bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings, which was altered in the One Big Beautiful Bill Act signed into law last week.
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 4, 2025
Business investors and wealthy Americans are among the biggest winners in President Donald Trump’s tax bill. Those hit the hardest include elite universities, which face new levies, and immigrants.
Taxes July 4, 2025
Sales are likely to dip below forecasts but not completely bottom out thanks to an array of new models and incentives from states and dealers.
Taxes July 3, 2025
While not perfect, the One Big Beautiful Bill Act contains many beneficial tax provisions that AICPA President and CEO Mark Koziel believes support the business community and will help grow the economy.
Taxes July 3, 2025
The House passed Republicans' sweeping tax-and-spending bill Thursday afternoon, a day earlier than the July 4 deadline President Donald Trump set to have it on his desk to sign.
Taxes July 2, 2025
Republicans were scrambling Wednesday to salvage their “big, beautiful” reconciliation bill amid a revolt from conservatives over the measure’s growing price tag.
Taxes July 2, 2025
A Nevada lawmaker and a downtown Las Vegas casino owner are among those united in opposition to a provision in the proposed federal budget bill that would limit declarable losses for gamblers.
Taxes July 2, 2025
President Donald Trump’s multitrillion-dollar tax bill is running into Republican resistance in the House as ultraconservative and moderate GOP lawmakers threaten to defy the president and sink his domestic agenda.
Taxes July 2, 2025
Polling has found the "big, beautiful bill" is not especially popular with voters, prompting Democrats to see an opening to weaponize it in midterm contests.
General News July 1, 2025
President Donald Trump lashed out at former presidential advisor Elon Musk on Tuesday, threatening to investigate his companies and even his immigration status amid their feud over the "big, beautiful bill."
Taxes July 1, 2025
The slim 51-50 vote margin sets up a frantic few days in the House, where Republicans have to figure out how to unite to get a bill to President Donald Trump’s desk before his self-imposed July 4 deadline.