Tag: Tax reform
California Congress Debates EVs and Taxes: Implications and Impact
Four months into Donald Trump’s second term, the GOP leaders are trying to score some big wins for him. They're pushing for two controversial bills that could have a huge impact on California.One of...
Tax Professionals Gear Up for Washington’s Biggest Tax Event
Lawmakers and lobbyists in Washington are gearing up for a major tax debate next year, despite uncertainties surrounding the control of the White House and Congress. The expiration of many tax cuts from former...
The Future of Democrats’ Wealth Tax Proposal
The recent Supreme Court ruling has left the possibility open for Congress to potentially expand taxes on billionaires in the future. While this is seen as a win for liberal Democrats who have long...
Supreme Court Decision on Trump Tax Provision: What You Need to Know
The Supreme Court recently made a decision regarding a tax provision related to foreign income. This decision was closely watched by experts and was seen as a potential challenge to prevent Congress from passing...
GOP Focuses on Eliminating Taxes on Tips in Minority Neighborhoods
Former President Trump made a promise to eliminate taxes on tips for service industry workers in minority neighborhoods during two events in Detroit. This move is seen as a significant focus on these communities...