HUNTSVILLE, Ala. (WAFF) - As 2025 approaches, taxpayers can expect several important changes to tax provisions, largely driven by inflation adjustments. These updates impact deductions, retirement ...

On July 4, the One Big Beautiful Bill Act (OBBBA) was signed into law. The OBBBA is a broad reconciliation bill comprised of ...

Below are details of many of the tax provisions in the act commonly known as the One Big Beautiful Bill Act, which was signed into law Friday by President Donald Trump. The House approved the measure ...

The Internal Revenue Service on Thursday released inflation adjustments for dozens of tax provisions for 2026, alongside changes required by the One Big Beautiful Bill Act, lifting the standard ...

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 ...

In an uncertain economy, optimizing cash flow is more important than ever for small businesses. Having the right amount of cash on hand can give your business a buffer during difficult times or ...

On July 4, 2025, President Donald Trump signed into law the Act (formerly referred to as the One Big Beautiful Bill Act, or OBBBA). The Act includes a suite of tax-related provisions that (1) make ...

The House Ways and Means Committee approved expanded legislative language for its recommendations of tax provisions to be included in the budget reconciliation bill that Congress is putting together.

Tax season is approaching. Tax breaks that were extended as part of President Trump's "One Big Beautiful Bill" will mainly ...