The IRS has released provisions from the One Big Beautiful Bill Act (OBBBA) for workers who can claim deductions for the 2025 ...

In this episode of Tax Notes Talk, Jonathan Samford and Kevin Klein of the Global Business Alliance discuss the proposed section 899 retaliatory tax and other international tax provisions included in ...

Some U.S. homeowners may soon get a sizable tax break thanks to the massive budget package that was passed by the House early Thursday. The legislation — dubbed the One Big Beautiful Bill Act — ...

The new tax legislation, part of the "One Big Beautiful Bill", includes a temporary tax break for overtime pay, allowing eligible workers to deduct a portion of their overtime earnings from their ...

The Centers for Medicare & Medicaid Services Nov. 14 released preliminary guidance to states on implementing provider tax provisions in the One Big Beautiful Bill Act.

OBBBA generally maintains the current individual income tax brackets set by the TCJA, ensuring no increase in the marginal rates. Thus, 37% remains the highest rate for ordinary income and 20% for ...

Illinois is one of several states choosing to decouple from the federal tax code. See what tax benefits are being excluded.

A key element of the tax-cut package that the Trump administration and congressional Republicans are working to pass got approved by the Senate as a standalone measure, though it carries a significant ...

TULSA, Okla. – The Nevada Congressional delegation and professional gamblers have taken to social media and the halls of Congress to sound the alarm on what they say is an ugly tax provision tucked ...

Fund managers and Wall Street executives say a small provision inside the Big, Beautiful Bill could crush foreign investment into the United States. The sweeping budget and tax bill that passed the ...

President Donald Trump’s sweeping tax cut and spending bill is now law, and one provision that would have helped the wealthy avoid capital gains tax was written out. Tucked within the mega-legislation ...

Ray Madoff, a tax law professor at Boston College of Law has been studying this problem for decades. In her new book, The ...