The “One Big Beautiful Bill Act” (the “BBB”) was signed into law by President Trump on July 4, 2025. The BBB generally extends certain tax provisions of the 2017 Tax Cuts and Jobs Act (“TCJA”) that would have otherwise...more
8/4/2025
/ Business Taxes ,
Estate Tax ,
Income Taxes ,
New Legislation ,
One Big Beautiful Bill Act ,
Qualified Business Income ,
Qualified Small Business Stock ,
SALT ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Legislation ,
Tax Rates ,
Tax Reform
The “One Big Beautiful Bill Act” (the “BBB”) was passed by the U.S. House of Representatives on May 22, 2025 (such version, the “House Bill”) as part of the Republican Congress’s reconciliation package. The BBB generally...more
7/3/2025
/ Base Erosion and Anti-Abuse Tax (BEAT) ,
Business Losses ,
Carried Interest ,
Clean Energy ,
Coronavirus/COVID-19 ,
EBITDA ,
Employee Retention ,
Estate Tax ,
Foreign Entities ,
Foreign Tax Credits ,
Gift Tax ,
GILTI tax ,
International Tax Issues ,
Itemized Deductions ,
Modified Adjusted Gross Income ,
New Legislation ,
Opportunity Zones ,
Over-Time ,
Partnerships ,
Pass-Through Entities ,
Popular ,
SALT ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Legislation ,
Tax Rates ,
Tax Reform ,
Taxable Income ,
Tipped Employees ,
Tips ,
Trump Administration ,
U.S. Treasury
On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican Congress’s reconciliation package. The BBB generally extends certain tax provisions of the 2017...more
5/28/2025
/ Business Income ,
Business Losses ,
Carried Interest ,
Corporate Taxes ,
Donald Trump ,
Estate Tax ,
International Tax Issues ,
New Legislation ,
Opportunity Zones ,
Partnerships ,
SALT ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Legislation ,
Tax Rates ,
Tax Reform ,
Trump Administration