News

WASHINGTON - Energy Innovation estimates that clean energy tax cuts in The Big Beautiful Bill could cost Washingtonians an additional $39 annually by 2030.This translates to $3.25 more each month ...
Under the One Big Beautiful Bill Act, small businesses can retroactively expense and deduct domestic R&D costs going back to Jan. 1, 2022, and do so over one or two years instead of 15 years under ...
The tax agency overall is down a quarter of its staff through a combination of deferred resignations, retirements and RIFs, ...
Layoffs mean lost income, halted retirement contributions, and uncertain health coverage. Even those still employed face new ...
That pledge was included in Trump’s so-called “Big Beautiful Bill,” creating a new tax deduction for people working in ...
Despite bold claims of artificial intelligence transforming everyday life, many AI-powered services remain heavily reliant on human labor—Amazon’s “Just Walk Out” technology, for example, was ...
The OBBBA updates the Alternative Minimum Tax to simplify filing and ease taxpayer burdens by preserving key exemptions and ...
On July 4, 2025, H.R. 1, also known as the One Big Beautiful Bill (the “OBBB”) was signed into law. Compared to recent legislation, the OBBB does ...
The S&P 500 edged up 0.06% to close at a record high of 6,309.62 on Tuesday (July 22), marking its 11th record close of 2025.
The One Big Beautiful Bill includes the largest tax cuts in U.S. history. Whether it’s actually “beautiful” is in the eye of ...
A retired IRS communications executive told the AICPA’s Town Hall that employees will be challenged to explain tax changes in ...
The Trump administration is warning of dire consequences if it cannot reverse the tax agency's recent staffing exodus.