On July 4, 2025, the One Big Beautiful Bill Act (OBBB) was signed into law. The OBBB extends various expiring tax provisions from the Tax Cuts and Jobs Act (TCJA) and introduces a variety of other substantial tax law changes....more
7/8/2025
/ Corporate Taxes ,
EBITDA ,
Income Taxes ,
Investors ,
New Legislation ,
Qualified Small Business Stock ,
Research and Development ,
Small Business ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Reform ,
Technology Sector
On February 13, the House Budget Committee, voting 21-16 along party lines (Republicans in favor and Democrats opposed), passed a 2025 budget resolution. The bill does not expressly reference the Tax Cuts and Jobs Act of 2017...more
2/25/2025
/ Biden Administration ,
Continuing Resolution ,
Federal Budget ,
Income Taxes ,
Inflation Reduction Act (IRA) ,
IRS ,
Popular ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Reform ,
Trump Administration
The US tax system is facing potential sweeping changes. As major provisions of the 2017 Tax Cuts and Jobs Act (TCJA) approach their expiration dates, the Trump administration and Congress are weighing not just which policies...more