News & Analysis as of August 22, 2025

Standard Deduction

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What OBBBA Means for Individual Taxpayers: Key Takeaways

McCarter & English, LLP on 8/21/2025

On July 4, 2025, President Trump signed into law the legislation commonly referred to as the One Big Beautiful Bill or OBBBA, which includes many tax law changes impacting individuals. The changes cover a broad range of...more

Nate Smithson Provides an Update on Tax Reform

Jackson Walker on 1/18/2018

Jackson Walker partner Nate Smithson has prepared an updated guide to tax reform which reflects the senate’s newly-proposed tax bill. The guide covers tax brackets, deductions, capital gains, and other relevant topics in tax...more

Summary of Tax Cuts and Jobs Act

Schwabe, Williamson & Wyatt PC on 12/29/2017

The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more

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Tax Cuts and Jobs Act › Capital Gains › Standard Deduction

What OBBBA Means for Individual Taxpayers: Key Takeaways

Nate Smithson Provides an Update on Tax Reform

Summary of Tax Cuts and Jobs Act

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