The One Big Beautiful Bill (OBBB), passed in July 2025, introduces sweeping tax law changes aimed at stimulating business investment and simplifying compliance. While the
Beginning in 2025, businesses conducting research and development (R&D) will see major changes in how they deduct those costs on their federal tax returns. The
SummaryOne Big Beautiful Bill wagering losses changes how gamblers deduct losses, capping deductions at 90 percent of documented losses and tying them to winnings starting in
UPDATE: As anticipated, the President signed the bill into law on July 4, 2025. Congress has officially passed the “One Big Beautiful Bill,” a
On July 1, 2025, the Senate passed its version of the “One Big Beautiful Bill” (OBBB), a major tax and spending package that originated in
The One Big Beautiful Bill (OBBB), passed in July 2025, introduces sweeping tax law changes aimed at stimulating business investment and simplifying compliance. While the
Beginning in 2025, businesses conducting research and development (R&D) will see major changes in how they deduct those costs on their federal tax returns. The
SummaryOne Big Beautiful Bill wagering losses changes how gamblers deduct losses, capping deductions at 90 percent of documented losses and tying them to winnings starting in
UPDATE: As anticipated, the President signed the bill into law on July 4, 2025. Congress has officially passed the “One Big Beautiful Bill,” a
On July 1, 2025, the Senate passed its version of the “One Big Beautiful Bill” (OBBB), a major tax and spending package that originated in
