On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the “OBBB”) into law. While technically a budget reconciliation law, the OBBB is a significant piece of legislation that prioritizes this...more
8/6/2025
/ Business Taxes ,
Corporate Taxes ,
New Legislation ,
One Big Beautiful Bill Act ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Liability ,
Tax Planning ,
Tax Reform ,
Trump Administration
On March 23, the Consolidated Appropriations Act (the “Appropriations Act”) was signed into law by President Trump. Included in the Appropriations Act were certain tax law provisions, including technical corrections to the...more
4/3/2018
/ Agricultural Sector ,
Business Taxes ,
Consolidated Appropriations Act (CAA) ,
Farms ,
IRS ,
New Legislation ,
Partnerships ,
Pass-Through Entities ,
Tax Deductions ,
Tax Liability ,
Tax Planning ,
Tax Returns ,
Trump Administration
Technical corrections to the partnership audit rules were included in the 2018 Consolidated Appropriations Act signed by President Trump on March 23rd (the “Appropriations Act”). ...more
The IRS recently issued Notice 2018-32, which advises taxpayers on the ability to deduct interest on home equity loans (collectively, a “HELOC”) following the 2017 Tax Act. This is a timely response to the questions that...more