Tax-deductible, tax-exempt, and need-to-know nuances
As year-end approaches, your thoughts might naturally turn to charitable giving—both as a way to support favorite causes and to make the most of available tax benefits. Recent changes in the tax laws have caused many people to reflect on their own understanding of the...
Tax law changes: Time to study up?
The One Big Beautiful Bill Act was signed into law by President Trump on July 4, 2025, after the House of Representatives approved the Senate’s changes to H.R. 1, which passed the House by a narrow margin in May. The OBBBA, with nearly 900 pages of provisions,...
More questions than answers: Pending tax legislation
There’s little doubt that you’ve seen extensive news coverage of the so-called “Big Beautiful Bill” (H.R. 1) that passed the House of Representatives by a 215-214 vote on May 22, 2025, and now moves to the Senate, where significant changes are expected...
