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As the one-year anniversary approaches of President Trump signing the so-called “One Big Beautiful Bill Act” (OBBBA) into law on July 4, the Institute on Taxation and Economic Poli...
If a Trump administration official told a room full of European policymakers that something is “very dangerous,” you’d naturally assume that in this moment they’d be referring to t...
As midterms approach, the timeline for tax legislation in this Congress becomes more compressed. This week brought bad news for two of the most plausible tax packages currently in...
The Treasury is considering rules on taxation of college endowments and changes to treatment of R&D costs, bonus depreciation and caps on business interest deductions.
“Treasury Announces the Launch of the Trump Accounts App and Next Steps for Trump Accounts.” Press Release, May 28, 2026 On May 28, 2026, the U.S. Department of the Treasury i...
Trump said Democratic policies on crime and taxes were leading to an exodus of businesses and taxpayers from New York, as he touted his tax cuts.
The Trump administration is touting its tax-advantaged investment accounts, but critics say the accounts may only reach those who are already set in life.
Items affected include DAF regs, Form 990 plans and stock donations to Trump Accounts.
Full expensing under the One Big Beautiful Bill Act does not neutralize the tariff burden on imported goods, as former White House Council of Economic Advisers chair Stephen Miran...
Trump Accounts, created under President Trump’s Working Families Tax Cuts Act, give every American child a powerful, tax-advantaged path to build generational wealth and own a dire...
U.S. Department of the Treasury, Treasury Announces Investment Lineup for Trump Accounts (July 1, 2026), https://home.treasury.gov/news/press-releases/sb0551 On July 1, 2026...
His administration wants the rebuilt wall of import taxes to mirror those Trump put on every major trading partner at the beginning of his second term.
Just as many parts of American life have transformed over the past 250 years, so too has the federal tax system. While most taxes levied in the 18th century are still levied in som...
It's unclear whether the move would affect a provision of the settlement between Trump and the IRS that barred it from pursuing any probes into his tax returns.
U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus.
For practitioners willing to learn the rules, Trump accounts are the best client acquisition and retention opportunity we've had in a decade.
The Trump administration’s heavy-handed immigration crackdown could lead to a significant change in the IRS.
Nearly one year after the Trump tax law was signed, many of the 42 states with income taxes are declining to incorporate significant parts of the new law into their own tax codes.
The IRS notice in my mail represents another piece of evidence suggesting the Trump administration is taking the fight against fraud seriously.
Trump writes:Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies. Some of these Countries are close to ac...
Debates over tax fairness and anti-avoidance rules have dominated European tax policy circles for over a decade. However, as geoeconomic pressures increase around the world, policy...
On the OBBBA’s first anniversary, one of the law’s more unusual experiments takes full effect. Starting July 4, 2026, contributions may be made to minor children’s 530A accounts—be...
Plus, the Trump administration announced plans to impose sweeping new tariffs and challenged a refund-related court order.
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