Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New Bill Caps Social Security Clawbacks at 10% of Monthly Benefits
By Melanie WaddellThe Claws Off Social Security Act restores a policy change made in 2024 amid uproar over the clawbacks.
April 23, 2025
Trump Says Millionaire Tax Would Push Wealthy to Leave the U.S.But some Republicans are open to raising levies on top earners to help pay for other parts of Trump’s agenda.
April 23, 2025
New Bill Cuts Capital Gains Taxes for Some High EarnersThe legislation moves the long-term capital gains tax thresholds to align with income tax brackets.
April 18, 2025
Why SALT Cap for Some High Earners Gets Special Focus in CongressRepublicans are on track to raise the $10,000 cap on the state and local tax deduction.
April 15, 2025
Make Tax Season the Starting Line for Year-Round PlanningOngoing conversations provide added value and an elevated experience for clients long after they file their returns.
April 15, 2025
Millionaire Tax Hike Gains Steam as Trump Signals OpennessRepublicans in the White House, Senate and House are working to craft a new tax bracket.
April 11, 2025
Trump Signs Bill Blocking IRS Crypto Tax RuleThe rule aimed to force some exchanges to provide tax information on transactions conducted on their platforms.
April 11, 2025
Ed Slott: What to Expect From GOP Tax BillIt's clear the 2017 tax cuts will be extended and possibly modified, the CPA says.