Corporate Taxes, Tariffs, Tax Deductions

One Big Beautiful Bill Introduces Major Changes to Federal Tax Law

Latham & Watkins LLP on 7/22/2025

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the OBBB) into law, making permanent the reduced individual tax rates and brackets established by the Tax Cuts and Jobs Act of 2017 and modifying a...more

The Tax and Trade Outlook from Washington, D.C., for Equine Businesses

Holland & Knight LLP on 4/11/2025

As Congress shifts into gear on the budget reconciliation process and tax day approaches, there are several key issues for horse owners to keep in mind. In the 119th Congress, there are two proposals that have been...more

Taxmageddon: What to Expect under Trump 2.0 and a GOP-Led Congress

Pillsbury Winthrop Shaw Pittman LLP on 3/12/2025

With the Trump administration and a Republican-controlled Congress now in office, significant changes to the U.S. economic landscape and tax policy are expected. Indeed, legislation to change tax policy and to implement...more

Tax Reform and the Trump Administration

Goodwin on 2/3/2025

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

Tax Proposals Potentially Being Considered by the U.S. House Budget Committee in Reconciliation

Proskauer - Tax Talks on 1/28/2025

On January 17, 2025, multiple news outlets and other sources reported the existence of a memorandum circulated by the U.S. House of Representatives Budget Committee to the House Republican Caucus (the “Memorandum”) containing...more

Business Tax Reform – the Current State of Play

Ballard Spahr LLP on 4/21/2017

President Donald J. Trump campaigned on a platform of large tax cuts for businesses. With President Trump in the White House and Republicans controlling both the House of Representatives and Senate, does it mean businesses...more