The reconciliation bill passed by the House on May 22 is currently being considered by the Senate and will likely undergo ...

CBO estimates the bill would add $2.4trln to the $36.2trln debt over 10 years, reduce revenues by $3.67trln and cut spending by $1.25trln ...

This post covers five particularly notable provisions for states: increasing deductions for state and local taxes (SALT) paid ...

CBO estimates the bill would add $2.4 trillion to the $36.2-trillion debt over 10 years, reduce revenues by $3.67 trillion and cut spending by $1.25 trillion. The number of people without health ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The GST Council may propose reducing GST slabs from four to three by eliminating the 12% slab, aiming for a revenue-neutral ...

We are pleased to share the May 2025 issue of Wilson Sonsini’s Sustainability and ESG Advisory Practice Update. Each issue combines news, key ...

Strategic partnerships, panel engagements, and public workshops highlight ICBA’s 25-year legacy in resilient agriculture ...

The Zacks Oil and Gas - Refining & Marketing industry is standing at a crossroads. On paper, things look solid—refined product inventories are tight, demand for gasoline and diesel is up, and ...

The economic impact of Trump’s tax package can be viewed as a short-term stimulus at the potential cost of long-term drag.

On May 22nd, the House of Representatives passed the “One Big Beautiful Bill Act,” a sweeping package of tax and policy changes. Spanning more than 1,000 pages, the bill makes substantial ...

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...