Written by Elaria G. Abader, CPA The One Big Beautiful Bill Act (OBBA) is a major U.S. law signed on July 4, 2025, that makes key provisions of the 2017 Tax Cuts and Jobs Act (TCJA) permanent while adding new policies. This article focuses on Section 70302, which...
Written by Bethany Webre, Accountant The One Big Beautiful Bill Act introduced several tax law changes since the Tax Cuts and Jobs Act (TCJA) of 2017. One of these changes is the adjustments made to the qualifications for and benefits of investment in Qualified...
Written by Caroline Schafer The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, is the largest set of tax changes since 2017. The OBBBA is important to taxpayers because it implements new temporary and permanent tax cuts and deductions benefiting...
Written by Emma Keeter The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, contains numerous tax provisions (H.R.1 – 119th Congress, 2025). Specifically, Section 70435 of the OBBBA introduces a federal tax incentive designed to encourage lending to...
Written by Ting Jiang, CPA, M.S. The One Big Beautiful Bill Act (OBBBA) was signed into law by President Trump in July 2025. The bill introduces significant changes to the tax code for the American people. One of the most notable changes is the expansion of the Health...
Written by Laura L. Fontenot, CPA President Donald Trump signed into law the One Big Beautiful Bill Act (OBBBA) on July 4, 2025, which has led to tax breaks and incentives for businesses and individuals. The bill contains many provisions to benefit taxpayers with...
