Passthrough entities would lose ground compared with corporations under tax language in the Senate Finance Committee bill, the AICPA said in a letter to legislative finance leaders.

Note: the Joint Committee on Taxation (JCT) has put together a current law score of the Senate Finance Committee tax ...

Rep. Andy Harris (R-Md.), the chair of the conservative House Freedom Caucus, is staking opposition to the Senate’s version ...

More than a dozen House Republicans warned they won’t support the Senate’s version of the tax and spending bill because the proposed Medicaid cuts are too steep. Led by Rep. David Valadao ...

The conference committee has approved a two-year state budget, which makes changes to the income tax and provides funding for ...

Draft legislation released by the Senate Finance Committee includes $18 billion in new tax benefits for oil and gas companies ...

“We are making good headway,” said Senate Majority Leader John Thune, R-S.D. He expects the Senate will get this “past the ...

In some ways, the Senate Finance Committee's reconciliation bill is better than the House version. In other crucial ways, it ...

The Senate version of President Trump's "one big, beautiful bill" is still coming together and would have to be sent back to ...

The principles aim to define digital asset oversight as debates over Trump-linked crypto profits and federal legislation ...

Wind and solar projects must begin construction by the end of 2025 to qualify for the Inflation Reduction Act’s full 45Y and ...

The U.S. Senate is working on adjustments to a residential solar energy incentive that had been eliminated in previous versions of the Republicans' One Big Beautiful Bill," Senator Kevin Cramer said ...