Taxes July 15, 2025
Beginning on Jan. 1, companies in the U.S. will no longer be able to deduct the cost of snacks, coffee or on-site lunches provided to workers, according to a provision in the "big, beautiful bill."
Taxes July 14, 2025
Las Vegas Democratic Rep. Dina Titus is expanding the coalition opposing a last-second provision added to President Donald Trump's "big, beautiful bill" capping how much can be deducted from gambling winnings to 90% of losses.
Taxes July 14, 2025
Yale University has frozen hiring as it begins to brace for an expected major funding gap that the school says is due to a hike in the federal endowment tax and other cuts by the Trump administration.
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.
Small Business July 10, 2025
Small Business Administration leader Kelly Loeffler took to a Baltimore brewery Thursday to highlight the benefits of President Donald Trump’s recently signed “big, beautiful bill.”
Taxes July 8, 2025
After the bill was signed by President Trump, millions of Americans received notice from the Social Security Administration saying they no longer will have to pay taxes on Social Security benefits. The problem is, that’s not entirely accurate.
Taxes July 8, 2025
In an executive order signed on July 7, President Donald Trump instructed the Treasury Department to strictly enforce the termination of the clean energy production and investment tax credits in the tax code for wind and solar facilities.
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
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.