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A $400 billion green bank for clean energy projects and a consumer tax credit for electric vehicles are being reviewed under a government-wide spending freeze.
January 29 -
The ambitious agenda includes extending Trump's signature tax cuts and enabling more oil and gas production.
January 28 -
The administration fired an opening shot in an upcoming constitutional fight over his ability to unilaterally halt spending approved by Congress.
January 28 -
The IRS kicked off tax season facing a hiring freeze imposed by President Trump in an executive order and uncertainty over $20 billion in budget cuts.
January 27 -
President Trump reiterated his pledge to eliminate taxes on income from tips during a rally in Las Vegas, where the hospitality and service industry is dominant.
January 27 -
Following the Republican victory in the 2024 election, tax reform and political changes are at the forefront of every accountant's agenda.
January 24Source Advisors -
Trump described the European Union's cases against the American tech companies as "a form of taxation," in comments at the World Economic Forum in Davos.
January 24 -
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges to include it in a must-pass tax bill this year.
January 23 -
Republicans in the House introduced legislation to end U.S. involvement in the OECD framework, in response to a Trump executive order.
January 22 -
Senate Republicans would like to do a large bill on immigration and energy first and then tackle tax reform in a second bill. House Republicans prefer one large bill.
January 22