The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes…
On July 4, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBBA). As promised, the tax portion…
The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things,…
The Tax Cuts and Jobs Act (TCJA) significantly limited the types of theft losses that are deductible on federal income…
President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off…