Tax

President Donald Trump secured a sweeping shift in U.S. domestic policy as the House passed a $3.4 trillion fiscal package that cuts taxes, curtails spending on safety-net programs and reverses much of Joe Biden's efforts to move the country toward a clean-energy economy.

House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance from a group of GOP holdouts and united opposition from Democrats.

Plus, FileAI announces V2 platform launch; Foxit launches PDF and Document Workflow APIs; and other accounting tech updates.

The bill includes tax cuts Republicans campaigned on, a phase-out of Biden-era clean energy incentives and funding for the president's crackdown on illegal immigration.

Preparing for OBBBA; your firm: the next generation; courage and foolishness; and other highlights from our favorite tax bloggers.

The bill limits how much students and their parents can borrow for college from the government.

A look at the key tax provisions of the semi-final version of the Trump administration's One Big Beautiful Bill Act.

The Senate's passage of legislation to eliminate incentives for clean energy means homeowners likely have until the end of the year before costs soar.

President Trump is meeting with a faction of conservative lawmakers at the White House who have threatened to sink his signature tax legislation.

The Internal Revenue Service's Electronic Tax Administration Advisory Committee delivered its annual recommendations.