The bill that the House of Representatives passed early Thursday morning in a nail-biting 215-to-214 vote—a wide-ranging domestic policy package called the One Big Beautiful Bill—could have ...

Financial advisors and their business clients can breathe a sigh of relief after new taxes on pass-through entities were rejected in the Senate’s version of the “One Big Beautiful Bill,” which passed ...

SALT deduction cap temporarily raised from $10,000 to $40,000. PTETs allow businesses to bypass federal deduction limits. OBBBA permanently instates the 20% qualified business income deduction. Tax ...

The landmark 1986 tax reform legislation cut the top individual income tax rate in the U.S. to 28% from 50% and the top corporate rate to 34% from 46%. With that change, the tax treatment of standard ...

President Trump's One Big Beautiful Bill Act has plenty for businesses and business owners to like, according to experts from Top 100 Firm Bennett Thrasher. "First, we can all take a deep breath on ...

Business owners have a lot to unpack in the One Big Beautiful Bill Act (OBBBA). Here's how it incentivizes the C-corp structure, particularly in growth-focused businesses.

Free Expression: The specifics of President Trump’s fiscal agenda are less important than the overall picture of political dysfunction and economic ineptitude. The Senate passed President Trump’s tax ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Pass-through businesses would enjoy a higher qualified business income deduction under the bill, which just passed in the House. The bill that the House of Representatives passed early Thursday ...