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 ...
Tax season continues on Capitol Hill, and just like so many Americans ahead of the April 15 deadline, lawmakers are tired and confused as they work on this large and sweeping legislation. In a hearing ...
On July 1, the Senate narrowly passed the One Big Beautiful Bill (OBBBA). The Senate version is broadly similar to the House-passed version: it extends and enhances the Tax Cuts and Jobs Act’s (TCJA) ...
The IRS released guidance on the Section 199A qualified business income deduction on August 8th. Our panel will discuss the IRS guidance and planning opportunities and challenges that it creates. This ...
The recent passage of President Donald Trump's "Big Beautiful Bill" signaled a pair of key wins for travel advisors. On Monday, the American Society of Travel Advisors (ASTA) lauded the Section 199A ...
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