Tax Reform, New Legislation, Tax Cuts

The One Big Beautiful Bill: Impact on Individuals

Warner Norcross + Judd on 7/28/2025

While most of us were enjoying the summer and the holiday weekend, Congress passed, and President Donald Trump signed, major tax legislation commonly called the One Big Beautiful Bill with the acronym, OBBBA. OBBBA covers a...more

Qualified Small Business Stock Benefits Expanded in New Tax Bill

Jones Day on 7/18/2025

The One Big Beautiful Bill Act expands the qualified small business stock benefits available to founders and investors....more

Open Sesame: Budget Resolution Clears the Way for Tax Cuts

Cadwalader, Wickersham & Taft LLP on 4/29/2025

On April 5th and April 10th, respectively, the Senate and House approved the FY25 budget resolution, thereby opening the budget reconciliation process and paving the way to enact President Trump’s various tax proposals,...more

Ohio Budget Bill highlighted by substantial tax cuts and expanded tax credits, continuing Ohio’s vision of becoming more tax...

Buckingham, Doolittle & Burroughs, LLC on 7/27/2023

Ohio’s Biennial Budget Bill (H.B. 33) was signed into law by Governor DeWine on July 4, 2023. The Bill focused on investments to boost Ohio economic development, education, and healthcare, but also included significant cuts...more

The Tax Cuts and Jobs Act Meets Public Company Reporting

Cohen & Gresser LLP on 1/2/2018

Accounting for income taxes can be complex and is seldom exciting. Suspense was added, however, by the passage of the Tax Cuts and Jobs Act shortly before year end 2017. Would public companies have enough time to analyze the...more

Tax Cut and Jobs Act Changes Will Impact Tax Exempt Organizations

Stinson LLP on 12/29/2017

Charitable organizations no doubt have questions following the passage of the Tax Cut and Job Changes Act. Many are rightly concerned about the impact of the increased estate tax exemption amounts, the expanded standard...more

Tax Reform Advisory: International Provisions

Goulston & Storrs PC on 12/29/2017

On December 22, 2017, the President signed into law H.R. 1, informally known as the “Tax Cuts and Jobs Act” (the “Act”), implementing sweeping changes to the United States tax regimes generally applicable to businesses. ...more

SEC Issues Staff Guidance on Tax Act’s Accounting Impact

Skadden, Arps, Slate, Meagher & Flom LLP on 12/27/2017

The SEC staff released the following statement on December 22, 2017. We will monitor this guidance and provide any relevant updates. The Securities and Exchange Commission today announced publication of staff guidance for...more

Private Equity and Other Carried Interest Funds - Federal Tax Policy Tip Sheet: Issue 1

Holland & Knight LLP on 10/30/2017

The U.S. House of Representatives passed the Fiscal Year (FY) 2018 budget on Thursday, Oct. 26, 2017, clearing the congressional path for tax reform legislation and providing a procedural victory for President Donald Trump...more

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