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The president-elect vowed to lower the corporate rate to 15% from 21% and is talking with his advisors about cutting levies on capital gains and dividends.

A new analysis from the Committee for a Responsible Federal Budget warns that extending the expiring tax cuts could do almost nothing to grow the economy.

Republicans represent congressional districts with 19 of 25 major automaker battery and EV assembly plants in operation or under construction.

President Joe Biden also warned that Donald Trump's plans to extend tax cuts and reshape global trade through tariffs risked reversing economic gains.

Donald Trump's planned tax cuts would wipe out Canada's slim corporate tax advantage, likely driving more capital from the northern nation.

The AICPA chief suggests that small practices would be better positioned for the future if they concentrated on developing a specialization in a niche.

Two-thirds of executives polled by the AICPA are confident about the economic outlook for the year ahead, up from 26% in August and 43% a year earlier.

By selecting Paul Atkins, Trump is tapping one of the most influential GOP financial regulation insiders to oversee Wall Street.

Billy Long served as a representative from Missouri from 2011 to 2023. 

Stanley Goldstein recalls the choice of Melancon as the youngest-ever head of the American Institute of CPAs.

Biden justified the pardon by saying that the case against his son was politically tinged, excessive and designed to break him.

What does the 2024 Trump tax plan mean for you and your clients this time around?

Tesla Inc.'s electric vehicles would be shut out from consumer rebates under a proposal by California Governor Gavin Newsom, pitting him against Elon Musk.

A Republican sweep in November's election threatens a niche tax break that helps American colleges upgrade dorms and academic buildings on campus cheaply.

California Governor Gavin Newsom is promising to step in with a state electric-car tax credit if Trump repeals a federal subsidy after he takes office.

Scott Bessent is expected to play a key role in pushing for a renewal of Trump's 2017 tax cuts, many of which are set to expire at the end of 2025.

What would happen if CPAs offered clients a list of suggested services for a fixed fee?

He believes Republicans should be mindful of the effect of tax cuts on the growing national debt.

Hedge fund executive Scott Bessent, Apollo Global Management executive Marc Rowan and former Federal Reserve Governor Kevin Warsh remain among the leading contenders for the post.

If the incoming Trump administration eliminates the $7,500 federal tax credits for electric vehicles, that would mean the end of popular leases.