Do you send money to someone in another country? If so, because of a lesser-known provision of the One Big Beautiful Bill Act, the money you send may be subject to a tax, beginning in 2026. The 1% excise tax… Read more »
Read Full Newsletter »One Big Beautiful Bill Act, Payments sent abroad may be taxable
There’s good news for businesses considering buying equipment and other capital assets: The One Big Beautiful Bill Act (OBBBA) dramatically improves first-year depreciation tax breaks. Here’s what you need to know to take advantage. 100% First-Year Bonus Depreciation Is Back… Read more »
Read Full Newsletter »(OBBBA), Business Depreciation Tax Changes under New Law, One Big Beautiful Bill Act
Several provisions of the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, will affect homeowners starting in 2025. These changes are important as you plan for the current tax year, because they may impact whether you… Read more »
Read Full Newsletter »(OBBBA), New Tax Law Includes Major Changes for Homeowners, One Big Beautiful Bill Act