The recently enacted One Big Beautiful Bill Act (the “Act”) introduces several significant amendments to the Internal Revenue Code (“IRC”) that directly affect U.S. employers and employees. Key provisions—particularly the...more
8/22/2025
/ Employee Benefits ,
Employee Retention ,
Employer Responsibilities ,
Fair Labor Standards Act (FLSA) ,
Form I-9 ,
Health Savings Accounts ,
Immigration and Customs Enforcement (ICE) ,
Income Taxes ,
Inspections ,
Internal Revenue Code (IRC) ,
IRS ,
New Legislation ,
One Big Beautiful Bill Act ,
Over-Time ,
Reporting Requirements ,
Tax Credits ,
Tax Deductions ,
Taxable Income ,
Wage and Hour
The House of Representatives previously passed H.R. 1-119th Congress (2025-2026), titled the “One, Big, Beautiful Bill Act” (the “Act”), a budget bill that, among other things, addresses sunsetting provisions of the Tax Cuts...more
6/30/2025
/ Alternative Minimum Tax ,
Base Erosion and Anti-Abuse Tax (BEAT) ,
Budget Reconciliation ,
Business Income ,
Child Tax Credit ,
Corporate Taxes ,
Excise Tax ,
GILTI tax ,
Income Taxes ,
International Tax Issues ,
New Legislation ,
Over-Time ,
Pass-Through Entities ,
Proposed Legislation ,
SALT ,
Senate Finance Committee ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Policy ,
Tax Rates ,
Tax Reform ,
Taxation ,
Tipped Employees ,
U.S. Treasury