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President Trump signed into law the Reconciliation Bill commonly known as the One Big Beautiful Bill Act (OBBBA).
This school choice measure means that even taxpayers who do not participate are in effect contributing to private and ...
Now that the “One Big Beautiful Bill Act” has become federal law, there is a lot to unpack for American taxpayers and investors. Here, we’ll focus on the tax impacts.
After a protracted and closely watched legislative process, the One Big Beautiful Bill Act (OBBBA) was signed into law by President Trump on July 4. The cornerstone of the OBBBA is the individual tax ...
President Trump's "Big Beautiful Bill" might drive car sales up.A new tax cut is available to buyers as long as they purchase ...
With the passage of the One Big Beautiful Bill Act, or OBBBA, many of the temporary tax laws set to expire at the end of 2025 have been made permanent.
Key Takeaways - 1. The Act permanently extends the doubled gift, estate, and generation-skipping tax exclusion amount to $15 million ...
A gambling losses tax deduction cap in Trump’s “big beautiful bill” is causing an uproar. Here’s what you need to know.
What the deduction does is all in the name. It allows taxpayers to deduct what they owe in state and local taxes from their federal income taxes. The OBBBA raises the cap on how much taxpayers can ...
On "The Florida Roundup," PolitiFact chief correspondent Louis "Lou" Jacobson breaks down changes to the taxation of Social ...
President Donald Trump signs his signature bill of tax breaks and spending cuts at a July 4 ceremony at the White House.
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