HMRC 'biggest income tax change in 30 years' update as Treasury gives response

Income tax will see a big change in April 2026, and opponents say it is too complicated for under-pressure workers and ...

Fringe benefits: What small business owners need to know about taxable and nontaxable compensation

De minimis benefits – Some of the fringe benefits that are not eligible for tax-free treatment are season tickets to sporting ...

Reeves plots budget boost to entrepreneur tax incentives

Rachel Reeves, the chancellor, is drawing up plans to lift the cap on a tax break for smaller businesses which allows them to ...
Committee for a Responsible Federal BudgetOpinion

An Employer Compensation Tax for Social Security and Medicare

The Social Security retirement and Medicare Hospital Insurance (HI) trust funds are approaching insolvency, with both trust ...

Johnson targets head tax in 2026 proposed budget, but emboldened City Council likely to have final say

Ald. Andre Vasquez (40th), who marshaled opposition to Johnson’s 2025 budget, warned the mayor to prepare for another budget rewrite that includes deeper budget cuts to help make the case for higher ...
The CPA Journal

The State of US Taxation and its Fiscal Trajectory

In Brief The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the ...
WCIV

Local CPA warns of penalties as tax deadline arrives amid government shutdown

Despite the government shutdown, the deadline for businesses and Individuals to file their 2024 taxes is Wednesday. This ...