As part of the larger tax reform package known as the “One Big Beautiful Bill,” the proposed provisions include two key changes affecting ERC filers: 1. A retroactive change to the statutory ERC ...

Below are details of many of the tax provisions in the act commonly known as the One Big Beautiful Bill Act, which was signed into law Friday by President Donald Trump. The House approved the measure ...

A Republican congressman admitted to his constituents that he wasn’t familiar with part of the massive tax-and-spending cut legislation he voted for last week. At a raucous town hall meeting in Seward ...

Professional poker players and sports bettors, and a handful of members of Congress, are demanding a change to the massive tax and spending bill President Donald Trump signed into law last week, ...

Big business groups, including the US Chamber of Commerce and Business Roundtable, applauded the Senate’s passage of the bill on Tuesday. Corporations are betting they will benefit from the ...

This week, the US House Ways and Means Committee released tax legislation that includes several provisions relevant to tax-exempt organizations. The Committee’s proposed legislation is part of the ...

Tax and estate consultant Gary Phillips, based in New York, says as tax season approaches, the mood is upbeat among his ...

Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As-You-Go (PAYGO) scorecard, effectively forgiving nearly $3.4 trillion in ...

The Keystone XL oil sands pipeline provision that Republicans are pushing for may be in the final version of the payroll tax cut extension bill, Sen. Mark Kirk (R-Ill.) said. Kirk was speaking in an ...

Senate Republicans have directed the Joint Committee on Taxation (JCT) to score the cost of extending the 2017 Trump tax cuts as a continuation of current policy that would not add significantly to ...