The enactment of the One Big Beautiful Bill Act (“OBBBA”) on July 4, 2025 is the first key piece of tax legislation passed during President Trump’s second administration. While preserving much of the structure established...more
7/11/2025
/ Business Taxes ,
Corporate Taxes ,
Estate Planning ,
Federal Budget ,
New Legislation ,
One Big Beautiful Bill Act ,
SALT ,
Tax Credits ,
Tax Deductions ,
Tax Liability ,
Tax Planning ,
Tax Reform ,
Trump Administration
On June 29, 2021, Florida enacted the Florida Uniform Directed Trust Act ("FUDTA") and the Community Property Trust Act ("CPTA"). Florida will now have a more robust law whereby “trust directors” can be granted powers in a...more
It didn’t take very long for 2021 to bring about federal legislation that could significantly impact, or at least cause massive administrative headaches for, domestic and international private clients and their holding...more