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The American Institute of CPAs is concerned about a provision in the tax reconciliation bill limiting deductibility of state and local taxes paid by firms.
May 14
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Valuations this year; handling interviewees; AI and accounting ed.; and other highlights from our favorite tax bloggers.
May 13
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Campaign pledges like no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors, are the centerpiece of a multitrillion-dollar package.
May 13
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GOP leaders proposed a $30,000 cap on the federal income tax deduction for state and local taxes.
May 13
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House Republicans' release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass.
May 13
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The House tax committee aims to make official several of President Trump's campaign tax pledges, and to avoid a millionaire tax.
May 12
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The proposal calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.
May 12
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The debate over state and local tax deductions has been a thorny fight because it's a political priority for a small but vocal group of Republicans.
May 9
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President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.
May 9
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President Trump's 'big beautiful bill' continues to move through the House and Senate.
May 8
