Under the new One Big Beautiful Bill Act (OBBB), which was signed into law in July 2025, employers are expected to report new details about cash tips and qualified overtime compensation on their tax ...
It also took a significant step to improving health care in rural areas by allocating $10 billion per year over the next five years to support rural hospitals and health care providers, redirecting ...
On July 4, President Donald Trump signed the One Big Beautiful Bill Act H.R. 1 (“OBBB”) into law. This legislation funded many programs typically found within the Farm Bill. as a result, a second Farm ...
The One Big Beautiful Bill (OBBB) significantly increased the SALT cap, from $10,000 to $40,000. The higher $40,000 limit, however, is subject to a phaseout when taxpayers’ income exceeds certain ...
The "One Big, Beautiful Bill" added a new $6,000 senior deduction ($12,000 for married couples). If you're under 65 or are a high earner, you may not qualify for it. Social Security benefit taxes ...
The Congressional Budget Office estimates that the OBBB Act will increase the national debt by $4.1 trillion over the next 10 years. The bill increased the statutory debt limit by $5 trillion. The U.S ...
The One Big Beautiful Bill, or OBBB, made significant changes impacting health insurance coverage. While open enrollment for the ACA healthcare exchanges has been from November 1 to January 15 for the ...
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