The One Big Beautiful Bill Act (OBBBA), as passed by the House of Representatives on May 22, 2025, contains a provision that would modify the excise tax paid by certain private colleges and ...

The One Big Beautiful Bill Act generated considerable attention for extending 100% bonus depreciation for new assets, but manufacturing executives should focus on a quieter provision that could prove ...

On July 4, 2025, President Donald Trump signed into law the Act (formerly referred to as the One Big Beautiful Bill Act, or OBBBA). The Act includes a suite of tax-related provisions that (1) make ...

A draft House version of the massive GOP tax and budget bill would make some expiring tax cuts permanent. Other goodies, including a bigger child tax credit and tax breaks for tips and overtime, are ...

Fund managers and Wall Street executives say a small provision inside the Big, Beautiful Bill could crush foreign investment into the United States. The sweeping budget and tax bill that passed the ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. The 2025 tax law continues many provisions of the 2018 tax law that ...

President Donald Trump signed his landmark tax and spending cuts bill into law on July 4, notching the first major legislative achievement of his second term. Congressional Republicans approved the ...

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...