WASHINGTON, DC - JULY 04: President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law. (Photo by Samuel Corum/Getty Images) Now that the ink has dried on the ...
On July 4, 2025,, the One Big Beautiful Bill Act (OBBBA) became law. The Act itself was almost 1,000 pages. It made many of the provisions of the 2017 Tax Cuts and Jobs Act permanent and included new ...
What Is the De Minimis Tax Rule? The De Minimis Tax Rule refers to a provision in tax laws that allows for the exemption or simplified treatment of small-scale or low-value transactions. In the ...
Buried in the nearly 1,000 pages of President Donald Trump’s tax-cuts-and-spending bill was a little-noticed tax write-off change that has since drawn criticism from gambling industry interests and a ...
A gambling tax provision in President Trump’s megabill that passed Congress earlier this month is ruffling feathers on both sides of the aisle. Tucked into the approximately 1,000-page tax and ...
See footnotes 1 and 2. President Trump’s shakeup of U.S. trade policy with its approach to tariffs is costing companies billions of dollars. In fact, in June of this year, importers paid the U.S.