Thomson Reuters Tax & Accounting News | Federal Tax

R&E Provisions in the New Tax Act

Experts highlighted several business-friendly provisions in the July 4th tax and spending package — including revisions to the research and experimental …

CPAs Welcome Senate SALT Changes

As Republicans continue to move forward on their One Big Beautiful Bill Act (H.R. 1), the American Institute of CPAs …

Tax Package Hits Medicaid Roadblocks

Several Republican lawmakers are speaking out about proposed Medicaid cuts in the Senate’s tax package and the Senate parliamentarian has …