On July 4, President Trump signed into law the One Big Beautiful Bill Act (Bill), which was approved by the Senate and House earlier in the week. The 870 page-bill covers nearly every sector of the American economy, and...more
7/10/2025
/ Business Taxes ,
Energy Tax Incentives ,
Estate Planning ,
Estate Tax ,
Exempt Organizations ,
Federal Budget ,
Income Taxes ,
International Tax Issues ,
New Legislation ,
One Big Beautiful Bill Act ,
Qualified Business Income ,
Tax Credits ,
Tax Reform ,
Trump Administration
On March 21, Minnesota made multiple gift tax and estate tax revisions. Those include:
- Retroactively repealing the Minnesota gift tax that had been imposed since July 1, 2013...more