NYC Dept. of Finance Issues Guidance on OBBBA Decoupling for Business TaxesThe New York City Department of Finance issued guidance providing 2025 supplemental business tax form instructions following the city’s decoupling from provisions of the One Big Beautiful Bill Act (OBBBA). ...Bloomberg Tax News24d agoWhole story →Economyobbba guidance issuance
Senate to Press IRS Chief Counsel Pick on Trump Ties: BGOV TaxNews with a congressional focus, including legislation, nominees, and executive actionBloomberg Tax News25d agoWhole story →EconomyGovernmentsenate finance committee hearing
Top IRS Lawyer Pick to Field Senate Questions on Trump TiesPresident Donald Trump’s nominees for the top lawyer spot at the IRS and the vacant US Tax Court judge position will be grilled over their connections with his administration at a Senate Finance Committee hearing Tuesday.Bloomberg Tax News25d agoWhole story →EconomyGovernmentsenate finance hearing
Dems Circulate Memo Alleging HHS No. 2 Pick Dodged Taxes (3)Chris Klomp, nominee to be the second-in-command for the Department of Health and Human Services, allegedly used legal maneuvers allowing him to pay less in taxes that contribute to Medicare and Social Security, according to a memo circulating among Senate Finance Committee staff.Bloomberg Tax News25d agoWhole story →EconomyHealthhhs nominee vetting
