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The $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance, GOP leaders and Republican holdouts.

President Trump said he was ending all trade discussions with Canada in retaliation for its digital services tax, and threatened to impose a fresh tariff rate.

Senate Republicans appear to be making progress in resolving differences with House Republicans in the state and local tax deduction and other matters.

The agreement involved raising the limit on the state and local tax deduction to $40,000 a year for five years.

The remarks give Republican negotiators additional breathing room as lawmakers remain at loggerheads over several issues in the massive economic package.

Voting 6-3, the justices rejected contentions that Congress unconstitutionally handed off its taxing powers.

Just because you think your client data is protected, and just because a company claims it keeps this data private, does not necessarily mean it’s true, according to K2’s Randy Johnston.

Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases.

Kelli Parks of Calmwaters Cloud Accounting said client discovery and onboarding can be simplified with automated processes that don’t need significant tech investments.

A deal with G-7 allies will exclude U.S. companies from some taxes imposed by other countries in exchange for removing Section 899 from Trump’s tax bill.