Agricultural producers have until March 2, 2026, to file their 2025 income tax returns without penalty if they have not made ...
The “One Big Beautiful Bill Act” (the “BBB”) was signed into law by President Trump on July 4, 2025. The BBB generally extends certain tax provisions of the 2017 Tax Cuts and Jobs Act (“TCJA”) that ...
CHARLOTTE — House Republicans pushed President Donald Trump’s $4.5 trillion tax and spending bill across the finish line Thursday, his major second-term policy win, just in time for the Fourth of July ...
The Internal Revenue Service announced the opening of the 2026 filing season on Monday, with taxpayers required to file their ...
On July 4, 2025, President Donald Trump signed into law the nearly 900-page One Big Beautiful Bill, a comprehensive package of tax cuts and fiscal policy changes. The bill includes significant ...
On July 3, the House of Representatives approved “The One Big Beautiful Bill Act” as approved two days earlier by the Senate. The final version of the bill contains several provisions relevant to ...
This provision eliminates taxes on income from investments in specified “opportunity zones” that are held for at least 10 years. Second, the BBB increases the amount that can be exempted from tax ...
Future income taxes are upcoming tax costs or savings due to discrepancies between financial statements and tax returns.
Millions of Americans will see significant shifts in their tax bills under President Donald Trump’s “big beautiful bill.” The sweeping legislation delivers several key tax breaks, including no federal ...
If you’ve been thinking about buying a new car, there’s now a major financial detail you’ll want to consider as part of your planning: a new tax deduction that could cut your federal income tax bill.