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More winners and losers from the Trump tax bill

Accounting Today

A lot of the same universities rely on some amount of, say, life sciences royalties, and with hospitals, theyre dependent on the Medicaid reimbursements as part of their hospital budgeting. The credits for renewable fuel under Section 45Z were supposed to end in 2027, but this bill extended those credits through 2029."

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Senate Republicans plan major revisions to Trump tax bill

Accounting Today

Read more: " What the House gave the Senate: Inside the Big Beautiful bill. ") The Senate Finance Committee is widely expected to propose extending three business tax breaks that expire after 2029 in the House version to order to make them permanent. The White House wants to keep those provisions as is.

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Spring Statement 2025 Commentary: Hospitality & Leisure

Menzies

Overview As we expected, todays Spring Statement brought few surprises Hospitality & Leisure sector. Taxes No new tax rises were announced in the Spring Statement which would have been welcomed by the Hospitality & Leisure sector and Rachel Reeves announced shell raise an extra billion pounds in taxes by cracking down on tax evasion.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

House Bill 2481 seeks to increase the minimum wage to $15 per hour by 2029 through incremental increases. The bill proposes a 25¢ decrease until 2029 where workers would be paid the full state minimum wage. It’s been mostly a trend of cities and focus on a specific industry such as retail, hospitality, and food.

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