Taxes November 19, 2025
During a Senate Finance Committee hearing on health care affordability on Nov. 19, members found no middle ground on how to lower costs for those relying on expiring tax credits.
Payroll November 14, 2025
Two hundred dollars a month more for Social Security and veterans’ benefit recipients from January to July? Democrats are pushing the idea, but fiscal watchdogs are not enthusiastic.
General News November 9, 2025
A group of Senate Democrats is leaning toward voting to advance the package provided final details can be worked out, including provisions protecting government workers from layoffs, a person familiar with the bipartisan talks said.
Advisory October 14, 2025
Failures have resulted in the erroneous loss of health coverage and other vital safety-net benefits for low-income people. Malfunctions in those systems can cost millions and take years to fix.
Taxes September 19, 2025
The Senate shot down dueling versions of a short-term funding patch on Sept. 19 before leaving town for a weeklong recess without a plan in place to avoid a partial government shutdown next month.
Taxes August 5, 2025
The Republican Texas senator has joined with Nevada Democrats on legislation to restore the full deductibility of losses, saying it’s a matter of basic fairness for professional players who depend on their winnings to pay their bills.
Taxes July 29, 2025
The legislation would incentivize businesses to hire student veterans through an expansion of the Work Opportunity Tax Credit.
Taxes July 11, 2025
Nevada Democratic Sen. Catherine Cortez Masto sought to reverse the cut in losses deduction that was included in the One Big Beautiful Bill Act, but she ran into objections from some Republicans.
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.
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 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.
Legislation June 29, 2025
The president and CEO of the American Institute of CPAs, Mark Koziel, CPA, CGMA, has released a statement following the release of the text of the U.S. Senate’s reconciliation bill.