Trump team mulls exporter tax credit
The rebate, which would be geared toward boosting U.S. manufacturers, would be issued at the end of the year to offset the effects of retaliatory tariffs.
Republicans warm to millionaire tax hike
The openness to a new 40% tax bracket for millionaires comes after decades of Republicans opposing any form of tax increase.
Trump dismisses last-gasp EU push to stop tariffs
President Donald Trump rejected a European Union proposal to drop tariffs on all bilateral trade in industrial goods with the U.S.
Donor-advised funds’ biggest beneficiaries may be other DAFs
Donor-advised funds are continuing to grow while enjoying substantial tax deductions — even as many contributions go to other DAFs.
What clients expanding into other states should know
Business clients have additional tasks to tackle when branching out across the country.
Georgia passes CPA licensure changes bill
Legislation providing two pathways to a CPA license unanimously passed both chambers in the Georgia General Assembly and is awaiting the governor’s signature.
Art of Accounting: A tax preparer’s possible story (but hopefully not yours)
Is this a fantasy situation, a made-up story or the reality in your firm?
Accounting change drives $5.9B loss for big Bitcoin buyer
Michael Saylor’s Strategy and fellow corporate buyers of Bitcoin are being made to recognize the unrealized changes.
Trump’s tariffs raise tax-cut stakes
President Donald Trump’s much bigger-than-expected tariff hikes increase the urgency of the Republican tax-cut package now in negotiation.
Trump tax cut, debt limit plan advances
Senate Republicans took a major step toward enacting President Donald Trump’s tax cut agenda and increasing the U.S. debt ceiling.