Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Taxes July 2, 2025
How Trump Tax Bill Could Impact Gamblers
A Nevada lawmaker and a downtown Las Vegas casino owner are among those united in opposition to a provision in the proposed federal budget bill that would limit declarable losses for gamblers.
Taxes July 2, 2025
Trump Tax Bill Hits GOP Resistance in House Ahead of Vote
President Donald Trump’s multitrillion-dollar tax bill is running into Republican resistance in the House as ultraconservative and moderate GOP lawmakers threaten to defy the president and sink his domestic agenda.
Taxes July 2, 2025
Trump Risks Voter Blowback as GOP Tax Bill Moves Forward
Polling has found the "big, beautiful bill" is not especially popular with voters, prompting Democrats to see an opening to weaponize it in midterm contests.
AICPA July 1, 2025
AICPA Applauds Senate Passage of Reconciliation Bill, Encourages House Support
The U.S. Senate passed its reconciliation bill earlier today, which removes the limit on pass-through businesses’ state and local tax (SALT) deductions entirely, generating optimism for those affected businesses.
Taxes July 1, 2025
Trump Tax Bill Passes Senate
The slim 51-50 vote margin sets up a frantic few days in the House, where Republicans have to figure out how to unite to get a bill to President Donald Trump’s desk before his self-imposed July 4 deadline.
Taxes July 1, 2025
NYU School of Professional Studies Division of Programs in Business To Host Tax Conferences in New York City, July 14–25, 2025
Beginning July 14 through July 25, the conference will take place at the Westin New York in Times Square, focusing on a range of topics, including international, partnership, state and local taxation, trusts and estates, and like-kind exchanges.
Taxes July 1, 2025
Canada Drops Digital Tax to Restart U.S. Trade Talks
Canada has withdrawn its digital services tax on technology companies such as Meta Platforms Inc. and Alphabet Inc. in a move to restart trade talks with the U.S.
Taxes July 1, 2025
Elon Musk Lashes Out at Tax Bill Proponents, Threatens to Unseat Lawmakers
The Tesla CEO is once again threatening to ramp up his political spending, this time targeting nearly every sitting Republican in Congress who has signaled support for President Donald Trump’s multitrillion-dollar tax bill.
CAS June 30, 2025
Sales Tax Hive Roundtable Launches to Help Bookkeepers and Accountants Tackle Sales Tax with Confidence
The Sales Tax Sisters and Roundtable Labs partner to launch a supportive, educational space for accounting professionals struggling with sales tax.
Taxes June 30, 2025
Senate Cuts Electric Vehicle Credits From Trump Tax Bill, Draws Ire From Musk
Elon Musk slammed the Senate's latest version of President Donald Trump’s multitrillion-dollar tax bill warning that the cuts to EV and other clean energy credits would be “incredibly destructive” to the country.
Taxes June 30, 2025
G7 Countries Agree to ‘Side-by-Side’ Tax Deal for U.S. Companies
As part of the deal, U.S. officials agreed to remove a provision from President Donald Trump’s tax cut bill, called the "revenge tax," that would have increased taxes on the U.S. income of non-U.S.-based businesses and individuals.
Taxes June 30, 2025
Plan to Sell Public Land Knocked Out of Trump Tax Bill
The plan had drawn opposition from members of both parties, and the Senate parliamentarian last week had ruled a more ambitious plan didn’t belong in the budget bill.