On July 4, 2025, President Trump signed into law the legislation commonly referred to as the One Big Beautiful Bill or OBBBA, which includes many tax law changes impacting individuals. The changes cover a broad range of...more
8/21/2025
/ Alternative Minimum Tax ,
Capital Gains ,
Child Tax Credit ,
Income Taxes ,
Itemized Deductions ,
New Legislation ,
One Big Beautiful Bill Act ,
Qualified Small Business Stock ,
Standard Deduction ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Legislation ,
Tax Rates ,
Tax Reform
On July 4, 2025, President Trump signed into law the legislation commonly referred to as the One Big Beautiful Bill or OBBBA, which includes several changes to the federal income tax treatment of trade or business activities....more
8/21/2025
/ Bonus Depreciation ,
Business Taxes ,
EBITDA ,
Internal Revenue Code (IRC) ,
New Legislation ,
One Big Beautiful Bill Act ,
Partnerships ,
Qualified Business Income ,
Research and Development ,
Section 179 Property ,
Section 199A ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Legislation ,
Tax Reform
Pennsylvania’s new Entity Transactions Law is expected to streamline the process of effecting certain fundamental changes or change of control transactions. Effective July 1, 2015, companies doing, or wishing to conduct,...more