Tax Policy Alerts

As tax season begins and deadlines near, policy changes may affect you directly. Stay updated with our tax policy alerts here, and check back often. For questions, reach out to your GSG partner or email us, and we’ll connect you with the right person.

The House passes The One, Big, Beautiful Bill Act: An overview of its tax provisions

New Spending Bill Through the House

May 29, 2025|Categories: Emerging Regulations, Tax Policy Alerts|

EV buyers, beware! House GOP bill ends clean vehicle tax credits after 2025

The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things, the sweeping bill would eliminate clean vehicle credits by the end of 2025 in most cases. If you’ve been pondering [...]

May 23, 2025|Categories: Tax Planning, Tax Policy Alerts|

IRS clarifies theft and fraud loss deductions

Victims of scams may be able to claim theft or loss deductions

May 8, 2025|Categories: Blog, Emerging Regulations, Tax Policy Alerts|

Beneficial ownership reporting requirements suspended

The twisty journey of the Corporate Transparency Act’s (CTA’s) beneficial ownership information (BOI) reporting requirements has taken yet another turn. Following a February 18, 2025, ruling by a federal district court (Smith v. U.S. Department of the Treasury), the [...]

March 18, 2025|Categories: BOI, Emerging Regulations, Tax Policy Alerts|