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Trump's Small Business Administration told probationary staff members it had mistakenly sent them termination notices, then informed some of them the next day they were fired after all.
February 12 -
The proposal aims to smooth the passage of Trump's top legislative priorities.
February 12 -
The Big Four firm asked its employees on government contracts to remove gender pronouns from their email signatures, and dropped its diversity programs.
February 11 -
What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?
February 11
Oak Street Funding -
The tariffs will apply widely to all U.S. imports of steel and aluminum, including from Canada and Mexico, among the country's top foreign suppliers of the metals.
February 11 -
The Committee for a Responsible Federal Budget estimated much of the cost would come from extending the 2017 tax cuts for individuals and small business owners.
February 7 -
Combined tariffs against Canada, Mexico and China would raise less than a third of the estimated $4.6 trillion cost of extending Trump's tax cuts over the next 10 years.
February 7 -
President Donald Trump outlined his tax priorities in a meeting with Republican lawmakers, including expanding the state and local tax deduction.
February 7 -
Trump told GOP lawmakers he wants to end the carried interest exemption used by private equity fund managers and venture capitalists around the country.
February 7 -
When Elon Musk's team gained access to the computer network where data of nearly every American is stored, it caused alarm across the country.
February 6 -
There are 20 states that have sovereign wealth funds, generally funded by commodities or land, that might serve as models.
February 4 -
Mexican President Claudia Sheinbaum agreed to send 10,000 National Guard officers to the border to help stem the flow of fentanyl and migration into the U.S.
February 3 -
Canadian Prime Minister Justin Trudeau will impose 25% tariffs against U.S. goods, while Mexican President Claudia Sheinbaum also pledged retaliation.
February 3 -
The mandate to pause all federal loans and grants has reverberated across the country, from tiny nonprofits to sprawling health agencies.
January 31 -
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 24
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