On July 4, 2025, President Trump signed H.R. 1—referred to as the One Big Beautiful Bill Act (OBBBA). The OBBBA extends and makes permanent certain provisions in the 2017 Tax Cuts and Jobs Act (TCJA) that were set to expire...more
7/11/2025
/ Business Entities ,
Business Taxes ,
Corporate Taxes ,
Estate Planning ,
New Legislation ,
One Big Beautiful Bill Act ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Reform ,
Trump Administration
As part of the newly enacted One Big Beautiful Bill Act (the OBBBA),[1] Congress adopted the first substantive amendments to Section 1202[2]–which prescribes the qualified small business stock (QSBS) rules–in over a decade...more
7/10/2025
/ Capital Gains ,
Internal Revenue Code (IRC) ,
Investment ,
New Legislation ,
New Regulations ,
Qualified Small Business Stock ,
Shareholders ,
Small Business ,
Tax Credits ,
Tax Planning ,
Tax Reform ,
Taxation