(203) 301-9933 
Fax: (203) 301-9944
Current Tax News
- The Tax Adviser
- Tax Foundation
- Tax Act
The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT cap amount is “the subject of continuing negotiations.” [...]
The owner of a CPA firm in Texas told attendees at an AICPA & CIMA ENGAGE 25 session on data security that the breach was one of the hardest things she had experienced in her career, yet she came out of it with clients still viewing her positively. [...]
In addition to its 183 recommendations for the IRS plan, the AICPA encouraged the agency to continue to pursue tax simplification. [...]
Reversing the Third Circuit, the Court holds that the Tax Court lacked jurisdiction over a collection due process appeal of a levy once the taxpayer’s underlying tax liability was satisfied and the IRS removed the levy. [...]
The relief applies to brokers who must report certain digital asset sales and exchanges on Form 1099-DA and is in response to public comment that brokers need more time to comply. [...]
The Senate draft overall makes more changes to international tax policy than the House draft. On net the changes are positive. [...]
New Jersey’s residents deserve tax relief, and the state must stem the tide of out-migration. Affordable reforms in the near term could pave the way for more sweeping, and competitive, reforms to take root in the future. [...]
Senate Republicans have advanced legislation to extend many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) alongside dozens of new provisions, following broadly similar legislation put forward by House Republicans. [...]
The Senate Finance Committee introduced its reconciliation taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. legislation on June 16, 2025, addressing the expirations of the 2017 Tax Cuts and Jobs Act (TCJA) and making […] [...]
The Senate's version of the OBBB restores the benefit of avoiding the SALT deduction cap with PTETs for all pass-through businesses, while placing new limits on the extent of the workarounds. [...]
Updated for tax year 2025. Summertime — the days of sun-kissed skin, juicy slices of watermelon, flip-flops, and … taxes? Taxes […] The post 6 Tax Moves to Make Before the Summer’s Over appeared first on . [...]
Social Security benefits are crucial to many Americans’ retirement plans, providing a safety net to ensure financial stability during your […] The post Guide to Social Security Taxes appeared first on . [...]
Updated for tax year 2025. Most people don’t get into charitable giving purely for a tax benefit. However, the opportunity […] The post How to Maximize Your Tax Deduction for Charitable Donations appeared first on . [...]
If you’re filing your taxes and have paid or received child support in the last year, you likely have some […] The post Is Child Support Taxable? Child Support Tax Law Explained appeared first on . [...]
The One Big Beautiful Bill Act — also known as the Big Beautiful Bill, or One Big Beautiful Bill (OBBB) […] The post One Big Beautiful Bill: What You Need to Know appeared first on . [...]