Income Taxes Articles

White House Releases FY 2025 Budget Tax Priorities

The White House released its fiscal year (FY) 2025 budget request to Congress. Overall, it proposes $7.3 trillion in total spending, including a proposed $895 billion for defense and approximately $621 billion in non-defense base discretionary spending. The request is...

Taxation & Representation: Biden’s Tax Agenda Unveiled: What You Need to Know. Government Funding Update.

Tax Bill Update – Package Remains in Limbo: Almost two months after the Tax Relief for American Families and Workers Act (H.R. 7024) passed the House with an overwhelming 357-70 vote, committee leaders are still considering the process for advancing the bill with or...

Taxation & Representation: IRS Crackdown: Unveiling Wealthy Non-Filers Initiative

Tax Package Update—Crapo Goes Public: On Feb. 28, Senate Finance Committee Ranking Member Mike Crapo (R-ID) issued a public statement regarding his current stance on the Tax Relief for American Families and Workers Act (H.R. 7024), his first formal comment since the...

Weekly Washington Update: Michigan Primary Surprises: What the Biden & Trump Wins Reveal

Congress Averts a Shutdown Yet Again: Following intense negotiations and a high-profile White House meeting early this week, congressional leaders and appropriators came to an agreement to avoid a partial government shutdown. The agreement contains a short-term...