A version of this article originally appeared in Tax Notes Federal on June 30, 2025. The GOP budget bill is not very popular. In fact, it may be the most unpopular piece of major legislation since ...

The One Big Beautiful Bill Act (OBBBA) ensures the permanence of higher exemption amounts and phase-out thresholds for the Alternative Minimum Tax (AMT), initially set by the 2017 Tax Cuts and Jobs ...

While Republican-led states are mostly adopting the various tax changes from the One Big Beautiful Bill Act, not all states — especially those controlled by Democrats — are enacting them and instead ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The One Big Beautiful Bill Act (OBBBA), signed into law ...

With 2025 drawing to a close, the tax landscape looks very different from where we stood just 12 months ago. The passage of the One Big Beautiful Bill Act (OBBBA) has rewritten several key components ...

For years, healthcare reform has arrived in waves, each promising simplification but often introducing new layers of complexity. The One Big Beautiful Bill Act (OBBBA) is the latest and most ambitious ...

The passage of the One Big Beautiful Bill Act, or OBBBA, in July 2025 introduced both permanent clarity and temporary complexity to the US tax code. As trusted advisors, our role is to move beyond ...

The Congressional Budget Office (CBO) estimated that the One Big Beautiful Bill Act (OBBBA) will reduce federal spending for the Supplemental Nutrition Assistance Program (SNAP) by $186.7 billion over ...

President Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, 2025. The OBBBA will have broad and important consequences for many US taxpayers, including tax exempt organizations ...

The IRS has released its April 2026 Internal Revenue Bulletin, finalizing key tax regulations including new rules under the One Big Beautiful Bill Act (OBBBA) and updated federal tax brackets. The ...

On July 4, President Trump signed into law the “One Big Beautiful Bill Act (OBBBA),” more formally known as “H.R.1 – An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14.” The ...

South Carolina has given taxpayers until October 15 to file their state returns while it considered to adopt new tips and overtime deductions. Other states are still debating what to do. This voice ...