Small Business May 29, 2025
Trump Wins Tariff Reprieve as Trade Agenda Faces Court Rollback
A federal appeals court offered President Donald Trump a temporary reprieve from a ruling threatening to throw out the bulk of his sweeping tariff agenda.
Small Business May 29, 2025
Navigating Tariff Volatility in 2025
In a recent webinar hosted by Bloomberg Tax & Accounting and Bloomberg Law, tax and legal professionals examined the implications of the Trump administration's wave of new tariffs and provided insights for businesses navigating emerging complexities.
Advisory May 29, 2025
Automating 1099 Compliance Enhances Firm Value to Clients
International accounting firm Armanino has implemented a 1099 and W-9 compliance system to relieve the burden on its clients, reduce risks, simplify filing processes, and create a strategic year-round plan for maintaining vendor information collection and management.
Small Business May 29, 2025
Trump’s Global Tariffs Deemed Illegal, Blocked by U.S. Trade Court
The U.S. Court of International Trade in Manhattan issued a ruling Wednesday siding with Democratic-led states and a group of small businesses that argued Trump had wrongfully invoked an emergency law to justify some of his levies.
Taxes May 28, 2025
Trump Bristles at ‘TACO’ Trade That Bets on Him Backing Down
The acronym—which stands for Trump Always Chickens Out—has been adopted by traders trying to navigate the dozens of changes to tariff policy Donald Trump has announced during his presidency.
Taxes May 28, 2025
Chrisleys’ Former Accountant Wants a Trump Pardon, Too
Peter Tarantino, who was convicted of helping reality TV stars Todd and Julie Chrisley evade taxes and sentenced to three years in prison, says he plans to ask President Donald Trump to pardon him, too, a day after the couple found out they’d be freed.
Taxes May 28, 2025
What to Know About the Federal Tax Credit Scholarship Proposal Moving Through Congress
A new federal program would offer up to $5 billion in tax credits a year to fuel private school attendance nationwide.
Taxes May 28, 2025
Fate of $20 Billion U.S. Home Solar Market Lies in GOP Senate Hands
The U.S. residential solar market is awaiting to see if Republicans in the Senate will challenge their brethren in the House and change provisions of the massive tax-and-spending bill that executives and analysts say would devastate the industry.
Taxes May 28, 2025
Elon Musk Says in Interview He’s ‘Disappointed’ With Trump’s ‘Big, Beautiful Bill’
In an interview with CBS News, Musk said he's disappointed because the tax-and-spending bill increases the deficit and "undermines the work that the DOGE team is doing."
![Todd_and_Savannah_Chrisley_interviewed_by_RumorFix[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2022/05/Todd_and_Savannah_Chrisley_interviewed_by_RumorFix_1_.6287dbc0367fc.png)
Taxes May 27, 2025
Trump to Pardon Reality TV Stars Todd and Julie Chrisley, Convicted of $36 Million Fraud
The jury found they had defrauded Atlanta-area banks of $36 million and hidden millions of dollars in income from their reality television show, “Chrisley Knows Best,” to avoid paying taxes.
Taxes May 27, 2025
GOP Tax Bill Could Make EVs More Expensive by Removing Tax Credits
A Republican-backed tax-and-spending bill passed by the U.S. House on May 22 aims to roll back federal clean energy incentives—a move critics warn could raise costs for those who purchase electric vehicles.
Taxes May 27, 2025
Legislators Target a Federal Tax Program That Funds State Medicaid Programs
For years, states have been taxing health care providers to draw down additional federal funds for their Medicaid programs.