ASAToday for June 26th, 2025

SESCO’s Weekly Client Update DOL REISSUES 2019 INDEPENDENT CONTRACTORS OPINION LETTER The U.S. Department of Labor (DOL) has re-issued an Opinion Letter on the issue of independent contractor (IC) status. This Opinion Letter had been issued under the first Trump Administration, but was rescinded by the Biden Administration, and is now restored under the second…

This Week in Congress!   This week, Congress returned with a flurry of activity! From intense debates over President Trump’s Iran strikes to the sweeping “One Big Beautiful Bill” (OBBBA), which continued through budget negotiations. War Powers & Iran Strikes Sens. Graham (R-SC) and Cotton (R-AR) defended the Saturday strikes on Iran’s Natanz, Fordow, and…

ASA Supports Increasing Section 199A Deduction to 23% ASA, in collaboration with the Main Street Partnership, has urgently called upon Senate Leadership to support the permanent establishment and expansion of the Section 199A deduction, increasing it from 20 to 23 percent. Enhancing Section 199A is crucial to maintaining tax parity between pass-through businesses and larger…