Stay informed with all the latest news and updates about the One, Big, Beautiful Bill Act as it relates to you, your business, your employees, tax laws, and more.
The One Big Beautiful Bill Act permanently allows the deduction of domestic research and experimental (R&E) expenses in the year incurred, starting with the 2025 tax year. The IRS has issued transitional guidance on the change.
The One Big Beautiful Bill Act creates new limited deductions for tips and overtime income through 2028. Find out if you qualify and what it means for your tax bill.
If your business has incurred domestic research and experimental expenses in 2025 (or incurred them in 2022, 2023 and/or 2024), you may have a new tax-saving opportunity this year.
Don’t assume you’re exempt from the alternative minimum tax. The One, Big, Beautiful Bill Act increases the odds for some taxpayers, thanks to unfavorable changes that will take effect in 2026.
The QBI deduction remains one of the most valuable tax breaks for eligible business owners. Here’s a look at the tax break and how it changes under the One, Big, Beautiful Bill Act.
The sooner you start planning for the changes in the One, Big, Beautiful Bill Act, the better positioned you’ll be. Here are some of the new provisions affecting families.