Withum

AUGUST 1, 2025

In addition, the SALT cap will increase to $40,400 in 2026 for inflation and will proceed at an increase of 1% annually until 2030, when it reverts to $10,000. The OBBBA also increased the SALT cap to $40,000 annually ($20,000 for married couples filing separately) from the current $10,000 annual cap from 2025 through 2029.

Tax

ThomsonReuters

AUGUST 12, 2025

Next-wave disruptions: Keep an eye on what’s coming: Digital currencies, environmental levies, and more regulations that will continue to shape global indirect tax challenges before 2030. What does the future hold for indirect tax?

Technology

TaxConnex

DECEMBER 3, 2024

In 2030, the state sales tax will be reduced to 4.75%, reports said , adding that Louisiana’s current sales tax was 4%, along with a temporary 0.45% sales tax that had been set to expire next year. Rate hike on the bayou.

Sales

Menzies

DECEMBER 19, 2024

By 2030, non-domestic minimum expected energy standards (MEES) will require all non-domestic private rented properties to have an EPC level of at least level B, with an EPC level C rating required by 2027, to meet the governments criteria of achieving net zero by 2050.

Tax

Withum

JULY 23, 2025

State and Local Tax (SALT) Deduction Cap The SALT deduction cap is increased to $40,000 through 2029, reverting to $10,000 in 2030. Effective Date : These changes are effective for tax years beginning January 1, 2026. This cap phases down for high-income earners based on modified adjusted gross income (MAGI), with a floor of $10,000.

Legal

CPA Practice

NOVEMBER 12, 2024

Sage and Forrester’s research predicts a dramatic shift in this area, forecasting that by 2030, 75% of global businesses will have transitioned from the traditional monthly close to dynamic, continuous accounting practices powered by AI.

Finance

ThomsonReuters

MARCH 6, 2025

Launch of the “30 by 30” initiative At the close of the event, Lee announced the launch of a “30 by 30” initiative, with the goal of establishing 30 Chief Payroll Officers by 2030.

payroll

ThomsonReuters

JULY 21, 2025

Cap increased from $10,000 to $40,000 through 2029 (phases with inflation), then reverts to $10,000 in 2030. Increased to $15,750 for single filers and $31,500 for married filers (up from $15,000/$30,000), indexed for inflation. State and Local Tax (SALT) deduction.

Tax

Accounting Today

JULY 7, 2025

Such advanced capabilities are driving rapid growth in the AI agent market, expected to expand from $5 billion today to approximately $47 billion by 2030, according to a study by ResearchAndMarkets.com. Power without guardrails is a risk Of course, the benefits only matter if the technology can be trusted.

Technology

Insightful Accountant

JUNE 30, 2025

The SALT deduction changes remain substantial, retroactively increasing the limitation to $40,000 for 2025 and $40,400 for 2026, with one percent annual increases through 2029 before reverting to $10,000 in 2030. The phaseout for high earners above $500,000 remains, but workaround limitations were dropped.

general ledger

Dent Moses

JULY 8, 2025

SALT Cap: Temporarily raises the state and local tax deduction limit to $40,000 through 2029, reverting to $10,000 in 2030. Standard Deduction: Permanently increases deductions to $15,000 (single), $22,500 (head of household), $30,000 (married) for 2025, with future inflation adjustments.

Gambling

Accounting Today

JULY 15, 2025

It specifically excludes electric production, so wind and solar do not qualify here.

Tax

Accounting Today

JULY 21, 2025

We created a vision back in 2020, we call it Vision 2030, and it was based in what we termed exponential growth. Always be planning The key to exceptional growth for Atlanta-based Top 100 Firm Smith + Howard is goal-setting, shared CEO Sean Taylor. Our growth has been very intentional," he said. "We

Technology

Withum

JULY 11, 2025

The SALT cap reverts to $10,000 in 2030. For individuals with MAGI over $500,000, the SALT Cap remains at $10,000. Until 2029, there will be indexes for inflation to both the SALT cap and the phase-out limitations. The bill does not impact the SALT limitation for pass-through entities as discussed in the earlier version of the bill.

Education

Accounting Insight

MAY 8, 2025

The businesses that will lead in 2030 are already evolving: digitally fluent, commercially agile, and relentlessly client- focused. The Strategic Imperative This isnt a passing phase. M&A is reshaping not just who owns what, but what it means to be an accounting firm.

Account

CPA Practice

NOVEMBER 25, 2024

His term begins July 1, 2025, and extends through June 30, 2030. This will extend her service through June 30, 2030. Scott currently serves as the director of finance and administration for the city of Brookfield, Wisconsin. The Trustees also announced the reappointment of Dianne E. Ray to a second term on the GASB.

Wisconsin

Menzies

NOVEMBER 25, 2024

The Chancellor announced that the tax free thresholds for IHT will remain frozen until 2030, potentially bringing more taxpayers into the scope of paying IHT if asset values continue to grow over this period.

Agriculture

ThomsonReuters

JULY 30, 2025

The temporary increase in the SALT cap to $40,000 starting in 2025 and the upcoming 2030 reversion to $10,000 present a window of opportunity for advisory professionals, which can also help firms better manage client expectations.

Account

Withum

JULY 22, 2025

The new legislation increases the cap from $10,000 to $40,000, with further increases of 1% each year beginning in 2026, but then reverting to $10,000 in 2030. While there was talk that the SALT cap might be done away with this year, the OBBBA retained the cap.

income tax

CPA Practice

JUNE 5, 2025

“We are on a path to becoming an AI-fueled organization by 2030—embedding AI into our work and the services we offer,” said Nitin Mittal, Deloitte Global AI leader. ” Thanks for reading CPA Practice Advisor!

Technology

CPA Practice

JULY 1, 2025

“We are on a path to becoming an AI-fueled organization by 2030—embedding AI into our work and the services we offer,” said Nitin Mittal, Deloitte Global AI leader. ” Thanks for reading CPA Practice Advisor!

Technology

Menzies

AUGUST 6, 2025

HMRC say that by 2030, almost all of the “straightforward queries” will be handled digitally or automatically. They aim to have at least 90% of taxpayer interactions handled digitally by the same deadline (up from the current 76%).

tax return

Accounting Insight

MAY 2, 2025

Partner 2 then passes away in 2030. Let’s understand these benefits with an example: Suppose Partner 1 dies in June 2025, leaving the entire estatesay, 600,000 to Partner 2. Because of the spouse exemption, no IHT falls due, and Partner 1s full NRB (325,000) and RNRB (175,000) remain untapped. The estate now sits at 1.1

Tax

Menzies

APRIL 14, 2025

The OBR (office for budget responsibility) predicts that the number of estates that will be subject to inheritance tax is set to double from around 1 in 20 estates (2023) to 1 in 10 (2030). Inheritance tax is no longer a tax solely for the wealthy, and with a headline rate of 40%, inheritance tax is becoming difficult to ignore.

Tax

ThomsonReuters

JULY 18, 2025

For tax years beginning after 2026 and before 2030, the cap will be increased by 1% per year. For tax years beginning in 2030, the cap will revert back to $10,000 ($5,000 for married filing separately). Honorable mention: The permanent increase to the standard deduction.

Tax

Withum

JULY 22, 2025

Properties placed in service after December 31, 2030. Non-production facilities (e.g., offices, parking, research facilities). Properties outside the U.S. Properties with construction starting before January 19, 2025, or after December 31, 2028.

Manufacturing

Dent Moses

JUNE 9, 2025

R&D Expensing Reinstated As anticipated, the bill restores full expensing of domestic research and development (R&D) costs through 2030. International Tax Modifications Lowers the preferential rates on GILTI and FDII. food service, salons) before 2028, with strict documentation requirements.

Tax

ThomsonReuters

MAY 8, 2025

Embrace AI Among companies that embrace AI, it is predicted that their cash flow will double by 2030. Just under two-thirds (64%) of professionals said they see a rise in the appreciation of their professional skills, with almost one-quarter (24%) of them predicting this result would come over the next 18 months.

Tax

Churchill-Knight

OCTOBER 30, 2024

Inheritance Tax Inheritance tax thresholds will be frozen for another two years until 2030. Employment Allowance The Employment Allowance, which allows companies to reduce their National Insurance liability, is set to increase from £5,000 to £10,500. The measures aim to raise over £2 billion a year.

income tax

Going Concern

MARCH 7, 2025

The kingdoms Vision 2030 transformation has relied heavily on firms like McKinsey & Co., The Gulf is one of the few remaining growth markets for global consultancy firms, and Saudi Arabia has been a particularly lucrative destination. Boston Consulting Group, PwC, and others to design and execute economic and regulatory overhauls.

Government

CPA Practice

JULY 25, 2025

John Mannion, D-Geddes, among 10 Democratic and Republican House members from New York who co-sponsored the legislation. The Building Advanced Semiconductors Investment Credit (BASIC) Act would have increased the tax credit from 25% to 35% and extended its availability through Dec.

Tax

Withum

JULY 23, 2025

annually through 2030. Market Implications and Investment Intelligence Rising Demand for Threat Intelligence: The 37% ransomware surge and IoT vulnerabilities drive demand for AI-driven threat intelligence platforms, with the market projected to grow 20.4% Insurers now require IoT security audits for discounts.

Healthcare

Acterys

JULY 8, 2025

from now until 2030, with business intelligence, machine learning and AI cited as key factors behind this growth. At Acterys we’re seeing a growing trend towards the adoption of customizable applications developed to meet specific business requirements.

Churchill-Knight

OCTOBER 31, 2024

Inheritance tax thresholds will be frozen for another two years until 2030. Here are some other announcements in the Budget 2024: VAT on private school fees will be introduced from January 2025. The Employment Allowance will rise from £5,000 to £10,000. The non-com tax regime is set to be abolished. billion over five years.

Non-Profits

CPA Practice

JULY 31, 2025

billion by 2030, The Texas Tribune reported. The Texas comptroller will oversee the program, and private schools must be open for at least two years to be eligible for funds. Voucher programs can drain state budgets , and budget wonks predict the cost for Texas could rise to around $4.8

Arizona

CPA Practice

JULY 4, 2025

Still, Elaine Buckberg, a former General Motors economist now at Harvard University’s Salata Institute for Climate and Sustainability, estimates that even with federal tax cuts disappearing, some 37% of new cars bought in 2030 will be electric. That’s down from a forecast of 48% if the current incentives remained. Outside the U.S.,

Tax

Accounting Today

JULY 18, 2025

New wind, solar and energy storage additions through 2030 will drop 23% compared to an earlier BNEF forecast as a result of the new legislation. The decline will come at a critical moment, as the power industry scrambles to deliver additional capacity to meet an expected jump in demand from data centers running artificial intelligence.

Rhode Island