Congressional Republicans agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill on Thursday after a request by Treasury Secretary Scott Bessent.The Section 899 ...

This article highlights five practical considerations designed to support your efforts to interpret the OB3’s impact and help ...

The IRS announced the nation's 2026 tax filing season will open on Monday, Jan. 26, with several provisions of the One, Big, ...

"No Tax on Overtime" is a provision included in the tax reform bill known as the One Big Beautiful Bill Act, which passed in ...

A bill with bipartisan sponsors in the House became another option to reverse the provision that allows 90% deductions on ...

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 ...

January is an ideal time to do tax planning for income in 2026. Where to begin? Start with these numbers related to ...

WASHINGTON (AP) — Democrats pared part of their proposed minimum tax on huge corporations and made other changes in their giant economic bill, Senate Majority Leader Chuck Schumer said Friday, as they ...

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law. It is a landmark piece of legislation that introduces several important changes to the US international tax regime. This ...

Treasury Secretary Scott Bessent talks to reporters about his lunch meeting with Republican senators and the schedule for getting the Republican megabill to President Donald Trump's desk by July 4, at ...