Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Why SALT Cap for Some High Earners Gets Special Focus in Congress
By Mathieu Benhamou and Erik WassonRepublicans are on track to raise the $10,000 cap on the state and local tax deduction.
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.
April 10, 2025
House Passes Plan to Advance Trump Tax CutsRepublicans can now pass Trump’s $5.3 trillion decade-long tax cut solely on GOP votes.
April 10, 2025
House Republican Sees SALT Deduction Limit Rising to $30,000The draft tax bill includes a SALT increase as high as $25,000 for an individual.
April 09, 2025
Lawmaker Stumps for Long-Term Care Program BillThe bill would provide lifetime LTC benefits after an elimination period of one to five years.
April 08, 2025
New Bill Expands 529 Plan Funds to Training Programs, Including CFP MarkThe legislation allows the education accounts to be used to pay for postsecondary training and credentialing.
April 03, 2025
Did Raising the RMD Age Hurt Retirees?IRA and Roth 401(k) savers who aren't required to take distributions often don't, leading to potential underspending.