Taxes

AICPA May 29, 2025 

The AICPA also made recommendations to ensure that the Senate version of the bill would not needlessly disadvantage certain taxpayers but would protect taxpayers.

Isaac M. O'Bannon

Small Business May 29, 2025 

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 

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 

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.

Isaac M. O'Bannon

Small Business May 29, 2025 

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 

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 

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 

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 

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 

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."

Taxes May 27, 2025 

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 

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.