The legislation now goes to the House. The U.S. Senate passed the “No Tax on Tips” Act this week. The concept was one that President Donald Trump campaigned…
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House Budget Committee Moves “Big Beautiful Bill” to Floor for a Vote
Budget advances after the second vote held following renegotiations. The House Budget Committee finally approved President Donald Trump’s long-awaited “big, beautiful bill” on Sunday. Four of the majority…
Read MoreHouse Majority Addresses Tax Policies in Reconciliation
The proposal includes no tax on tips and remittance tax for dollars flowing out of the country. The House majority released their massive budgetary proposal on Monday, outlining…
Read MoreSenator Proposes Legislation to Strengthen Social Security
The bill would raise the income threshold on which Social Security recipients pay taxes. U.S. Senator Marsha Blackburn of Tennessee has proposed the Retirees First Act, which would…
Read MoreSenate Considers Bypassing Parliamentarian to Extend Tax Cuts
The measure would then only require a simple majority. Leaders in the Senate majority are considering a move to bypass the ruling of Senate parliamentarian Elizabeth MacDonough to…
Read MoreFederal Judge Temporarily Blocks DOGE Access to OPM and Education Department
District Judge Deborah Boardman granted a two-week restraining order on the Education Department and the Office of Personnel Management (OPM) on Monday, preventing the sharing of any personal…
Read MoreIRS Releases 6,700 Probationary Employees
The White House continues to pursue its government efficiency agenda. The Internal Revenue Service (IRS) dismissed 6,700 employees on Thursday, becoming the next cut in a series of…
Read MorePresident Signs Order to Halt Federal Funding to Illegal Aliens
DHS already retrieved money sent to a luxury hotel in NYC. President Donald Trump signed an executive order on Air Force One this past week directing his agencies…
Read MoreIRS Employees Must Wait Until After Tax Season to Accept Paid Federal Leave
They received a letter specifying May 15 as the date key positions are eligible. Employees at the Internal Revenue Service received notice last week informing them that they…
Read MoreSenators Introduces Bill to Increase Tax Deductions on Charitable Donations
The Charitable Act receives bipartisan support. Senators James Lankford of Oklahoma and Chris Coons of Delaware recently introduced the Charitable Act which is receiving bipartisan support. The legislation…
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