Tax

Introduction In July 2025, the U.S. enacted the One Big Beautiful Bill, a major piece of tax legislation that builds on and makes permanent many provisions of the 2017 Tax Cuts and Jobs Act (TCJA). In addition to locking in favorable income tax rates, the bill introduces targeted deductions, higher thresholds, and expanded credits to […]

Introduction In July 2025, the U.S. government enacted sweeping tax reform through the One Big Beautiful Bill, designed to build upon and make permanent many provisions from the 2017 Tax Cuts and Jobs Act (TCJA). The legislation focuses on supporting American innovation, manufacturing, and small businesses through long-term tax relief and simplification. For business owners, […]