News

How small provision added to Donald Trump’s ‘Big Beautiful Bill’ affects taxes for sports bettors
A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...
National Law Review16h
It’s Official—No Tax on Tips, No Tax on Overtime Through 2028
One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law ...
ITR Filing FY 2024-25: What if you file the wrong ITR form? Here's how to fix it before it's too late
Filing the wrong ITR form for FY 2024-25 can delay refunds and attract notices. This article outlines simple steps to rectify incorrect ITR filing and avoid tax-related hassles.
National Law Review1d
Tax Court Breaks New Ground on the Deductibility of Termination Fees with AbbVie Ruling
On June 17, 2025, the Tax Court opinion in AbbVie Inc. and Subsidiaries v. Commissioner of Internal Revenue was ...
How Will Trump’s Big Bill Affect Your Wallet?
The wide-ranging domestic policy legislation could impact your taxes, clean energy choices, health care access and more.
Two Big Tax Changes That Could Hit Working-Class Households Under Trump’s “Big Beautiful Bill”
The sweeping Big Beautiful Bill passed this July includes several household-level tax changes that could reshape how many ...
National Law Review2d
The Employee Retention Credit: A Court Challenge to IRS Guidance
On June 20, 2025, the US District Court for the District of Arizona denied a motion for summary judgment that was filed by Stenson Tamaddon LLC (StenTam). The tax advisory firm argued that IRS Notice ...