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By Staff Writer

Around the Tax World- June 10, 2025

In The HeadlinesSteph Curry’s collection of brands hit $173.5 million in revenue last year.

What's New In The Tax World?Will Congress deliver on tax reform by President Trump’s July 4th “deadline”?

State-By-State-UpdatesIllinois’ grocery tax is set to expire in 2026—but the mayor of Chicago is pushing back.

Tax Planning TipsThe Child Tax Credit would face a new restriction under the federal tax bill: What could this mean for families?

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Around the Tax World- May 27, 2025

In The HeadlinesElon Musk is stepping back from DOGE and from hefty political spending.
What's New In The Tax World?Trump’s tax bill centers on extending the 2017 tax cuts—but the cost may be too high for some Republicans
State-By-State-UpdatesMaryland’s latest bill brings significant tax increases.
Tax Planning TipsWhat can the entire U.S. Senate agree on? Apparently, no tax on tips.

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Around the Tax World- May 8, 2025

In The HeadlinesCould Tesla be seeking a replacement for Elon Musk?
What's New In The Tax World?What could make it into the next budget bill? SALT and staffing are the next big conversations
State-By-State-UpdatesOver 400,000 Florida taxpayers will get a check through the Hillsborough County Sales Tax settlement.
Tax Planning TipsThe federal government may flip the script on electric vehicles by introducing an annual EV registration fee.

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Around the Tax World- April 24, 2025

In The HeadlinesCould Harvard and other universities lose their tax-exempt status?
What's New In The Tax World?The renewal of Trump’s 2017 tax cuts is facing pushback from within the Republican party
State-By-State-UpdatesFlorida lawmakers weigh the pros and cons of two budget bills, both proposing over $5 billion in tax cuts.
Tax Planning TipsCould the federal tax on Social Security income actually be eliminated?

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Around the Tax World- April 7, 2025

In The HeadlinesInflation rises more than expected in February when it comes to consumer spending.
What's New In The Tax World?The next wave of tariffs hits the auto industry as Trump introduces a 25% levy on imports
State-By-State-UpdatesIowa is looking to increase business development, which could mean both new tax credits and the elimination of old ones.
Tax Planning TipsSenior citizens could still reduce this year’s tax bill with these best practices.

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Around the Tax World- March 25, 2025

In The HeadlinesThe stock market leaves investors reeling after a rollercoaster week.
What's New In The Tax World?In the push to renew the Tax Cuts and Jobs Act, SALT could cause the stalemate
State-By-State-UpdatesConnecticut lawmakers are weighing a new retail delivery tax.
Tax Planning TipsSenior citizens could still reduce this year’s tax bill with these best practices.

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Around the Tax World- March 10, 2025

In The HeadlinesNew leadership, fewer lawsuits—changes are afoot at the Consumer Financial Protection Bureau.
What's New In The Tax World?Will federal budget cuts be enough to offset the revival of TCJA tax cuts?
State-By-State UpdatesFlorida’s governor advocates to axe the state’s property tax.
Tax Planning TipsHCould repealing the clean energy tax credits drive up electricity bills?

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Around the Tax World- February 24, 2025

In The HeadlinesCVS Health could be making a revenue comeback in 2024.
What's New In The Tax World?Could $4.5 trillion in tax cuts be coming down the federal pipeline?
State-By-State UpdatesA new Georgia bill could provide taxpayers with another special refund.
Tax Planning TipsHave a home equity loan? Be clear on the tax deductions available to you.

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Around the Tax World- February 10, 2025

In The HeadlinesIs DeepSeek the wave of the future of A.I.—or a threat to data security?
What's New In The Tax World?Will Trump’s $4 trillion tax cut plan prevail? Not without progress on reducing the national deficit
State-By-State UpdatesIdaho lawmakers aim to tackle rising property taxes.
Tax Planning TipsAvoid an audit by making sure these important forms are submitted.

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