The One Big Beautiful Bill Act (OBBBA), enacted July 4, 2025, made a number of changes to the Internal Revenue Code of 1986, as amended (the Code), including certain notable changes to the provisions of Code Section 1202 for...more
7/25/2025
/ Business Taxes ,
Capital Gains ,
Entrepreneurs ,
Income Taxes ,
IRS ,
New Legislation ,
One Big Beautiful Bill Act ,
Small Business ,
Tax Exemptions ,
Tax Planning ,
Tax Reform
On Sept. 15, 2021, the Ways and Means Committee of the U.S. House of Representatives approved a proposed tax legislative package (the “W&M proposal”) to the Build Back Better Act reconciliation bill (the “Act”), which...more