deduction

US Election 2024

Treasury Department shares 68 jobs likely eligible for no tax on tips deduction

The Treasury Department made an exciting announcement on Labor Day, revealing that nearly 70 different jobs spanning across eight sectors…

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US Election 2024

SALT deduction battle erupts between House and Senate Republicans

Blue state House Republicans are up in arms following reports that the Senate GOP taxwriters are planning to eliminate the…

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US Election 2024

SALT deduction battle heats up between House, Senate Republicans

House Republicans in Democrat-controlled states are sending a strong message to the Senate as it considers President Donald Trump’s “one…

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US Election 2024

Trump tax cuts preserved while SALT deduction cap raised in contentious 215-214 vote

The Senate’s response to the House passing its “big, beautiful bill” was starkly divided, with Democrats expressing concerns about the…

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US Election 2024

Johnson reaches tentative $40,000 SALT deduction cap deal for Trump’s bill

Republicans Reach Tentative Deal on ‘SALT’ Deductions House Speaker Mike Johnson has struck a tentative agreement with a group of…

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US Election 2024

Senate passes bill offering tax deduction on tips up to $25,000

The U.S. Senate has recently approved a groundbreaking bill that could potentially revolutionize the way tips are taxed in the…

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Sports

COC, Canada Soccer appeal FIFA’s 6-point deduction from women’s team in Olympic tournament

The Canadian Olympic Committee and Canada Soccer are appealing FIFA’s six-point penalty to the national women’s soccer team in the…

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