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President Donald Trump is granting pardons to reality television stars Todd and Julie Chrisley, who were convicted of fraud and tax evasion.
May 28 -
Elon Musk expressed dissatisfaction with President Donald Trump's giant tax bill, saying it undercut his efforts to slash government spending.
May 28 -
The artificial intelligence company was facing legal scrutiny in the weeks before it went bust.
May 27 -
Investors in nations with tax regimes that the U.S. deems unfair would face higher tax rates on income earned in the U.S. if the tax bill becomes law.
May 27 -
The measure would clamp down on energy tax credits created or expanded by the 2022 Inflation Reduction Act by imposing a slew of new restrictions.
May 27 -
The reconciliation process allows tax and spending legislation to pass with a simple majority in the Senate, but the bill still needs to survive the Byrd Rule.
May 22 -
The bill would levy a 5% tax on remittances for noncitizens and foreign nationals, on top of a roughly 5% to 10% fee already charged on the payments.
May 20 -
The Financial Reporting Council found EY "demonstrated a complete lack of professional skepticism" and failed "to be alert to conditions that may have indicated possible fraud."
May 20 -
EY continued to audit NMC Health Plc despite suspicions that management withheld key documents that revealed its true debt position.
May 19 -
By agreeing to share taxpayer data at all, the Internal Revenue Service is taking an unprecedented step that breaks with longstanding assurances.
May 15 -
The move would constitute "a complete death" for energy projects that rely on global supply chains for solar cells, magnets, batteries and other materials.
May 15 -
Rep. Nicole Malliotakis said there's an "opportunity" to grow the $30,000 state and local tax deduction cap offered by House GOP leaders in negotiations.
May 15 -
The cost of the draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate. The reality is likely much higher.
May 15 -
Rep. Jason Smith said lawmakers from high-tax states should support the $30,000 limit his committee put on the state and local tax deduction.
May 15 -
Key Senate Republicans are resisting the House's plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies and nuclear power.
May 14 -
A powerful House committee has inserted language preventing states from regulating artificial intelligence into President Trump's massive tax and spending bill.
May 12 -
President Donald Trump's Hollywood ambassadors asked the White House to expand and extend tax incentives as part of an upcoming budget reconciliation bill.
May 12 -
The findings come after a net loss of $31.7 million for the first quarter, which ended with cash, cash equivalents and short-term investments of $759 million.
May 12 -
Billions of dollars allocated under former President Biden's Inflation Reduction Act would be rescinded under a portion of Trump's sweeping tax package.
May 12 -
It remains unclear why the companies struck the deal without an IRS purchase, but Carahsoft previously said it stands by the cybersecurity tech transaction.
May 9


















