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The House version of the massive tax and spending bill would deliver a financial blow to the poorest Americans but be a boon for higher-income households.
June 13
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By any other name; poor Service; a saga continues; and other highlights of recent tax cases.
June 12
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The Treasury Department and the IRS are giving brokers additional time to comply with requirements to withhold taxes on digital asset sales.
June 12
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The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and budget cuts at the agency.
June 12
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The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.
June 12
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The sale of federal land would provide billions of dollars to help pay for the massive package of tax cuts in the Senate's version of the bill.
June 12
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A $30,000 cap on the state and local tax deduction would be a compromise between current law and the more generous limit in the House's version of the bill.
June 11
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A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.
June 11
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The Section 899 "revenge tax" in President Trump's massive tax and spending bill may be delayed as it faces pushback from Wall Street and businesses.
June 11
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The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax mega bill passed by the House.
June 11
