Taxes August 26, 2025
The IRS on Aug. 21 issued a fact sheet containing frequently asked questions about Biden-era clean energy tax credits and deductions soon to expire under the One Big Beautiful Bill Act.
Taxes August 13, 2025
In a letter, Democratic members of Nevada’s federal delegation urged the Treasury Department to address possible shortfalls of the One Big Beautiful Bill Act's "no tax on tips" provision as it’s implemented.
Taxes August 13, 2025
Gaming experts assembled by Rep. Dina Titus, D-Nev., for a town hall bemoaned a tax change included in the One Big Beautiful Bill Act, saying it would benefit gaming markets not contributing to states' revenues.
Taxes August 11, 2025
SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California than most other states, according to experts.
Taxes August 6, 2025
Former Republican House Speaker Paul Ryan discussed President Donald Trump’s tariff agenda during a TV appearance on Aug. 5, warning that he sees “choppy waters ahead.”
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 August 5, 2025
Politicians and state leaders say they're focused on fast-tracking permitting decisions and working with regulators to ensure projects can connect to the grid before the tax credits phase out.
Taxes August 5, 2025
Taxpayers shouldn’t bet the house that this recent tax change will be reversed and should instead prepare for their betting income to receive a different tax treatment starting next year.
Taxes August 5, 2025
Three tax provisions intensely sought by business interests carry a heavy share of hopes by Republicans, like Rep. Kevin Hern of Oklahoma, that their "big, beautiful bill" will trigger one big, beautiful boon in the U.S. economy.
Taxes August 5, 2025
Workers are cautiously optimistic about the tax code changes in the One Big Beautiful Bill Act, which allow some to deduct tips and overtime pay from their income up to certain limits.
Taxes July 31, 2025
A tax credit in Trump’s signature law leaves states to sort out rules, funding, and oversight.
Taxes July 28, 2025
Four small wealthy and elite private colleges in Massachusetts may have a conservative college in the Midwest in part to thank for escaping a hike in an endowment tax under President Donald Trump’s tax law.