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Trump has expressed interest in reviewing options for adjusting the cap on the state and local tax deduction but is not currently advocating for a specific fix.

Republicans broadly agree that there's little room for error on what is a rare opportunity for the GOP to update the Tax Code without having to make any concessions to Democrats.

About 20 GOP House members from New York, New Jersey and California were invited to Mar-a-Lago ahead of a looming fight over the 2017 tax cuts.

You need to offer more services to your current clients and then to new clients.

Johnson said the massive bill would address issues such as border security, including money for the mass deportations of undocumented immigrants; and an extension of the 2017 Trump tax cuts.

The president-elect has announced members of his senior leadership team at the Treasury, who'll work alongside Scott Bessent, his pick for secretary.

EV sales grew 12% in the fourth quarter of 2024, pushing the full-year total to a record 1.3 million.

Evaluate your accomplishments this year and see how to build on them.

Critics warn that the measure comes at the cost of pushing the fund further toward insolvency.

Firms that hire experienced people do not usually get what they expect or are paying for.

Here's a roundup of tax-related news and insights on politics, practice management, investment strategies, health savings accounts, estate planning and more.

Ed is offering to email a bundle of articles that provide helpful tax, valuation, financial planning and practice management advice.

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.