-
It would extend Trump's first-term tax cuts due to expire Dec. 31, along with new tax relief including raising the limit on deducting state and local taxes.
May 22 - Accounting Today
-
Accountants are helping worried companies deal with the possible fallout from drastic tariff and tax changes.
May 21 -
President Trump said his massive tax package is close to being finalized, but the White House has yet to win over a faction who want more spending cuts.
May 21 -
This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.
May 21Stout -
The revised version of President Donald Trump's economic package would move up work requirements to December 2026 from 2029.
May 21 -
The $40,000 SALT limit will phase out for annual incomes greater than $500,000, and the income phaseout threshold would grow 1% a year over a decade.
May 21 -
Conservative hardliners threatened to block Republicans' massive tax and spending package, jeopardizing passage of President Trump's economic legislation.
May 21 -
The latest data on new SEC audit client engagements for 2024 and the number of accounting-related securities class actions.
May 21 -
Lack of awareness, fear of mistakes and penalties, and the cost of filing are preventing many families from claiming millions of dollars in tax credits.
May 20