In this paper, the Council of Economic Advisers (CEA) analyzes the economic and fiscal impact of the OBBB alongside President Trump's other economic priorities, evaluating outcomes compared to...

Jul 24, 2025 · Companies need to consider how the new tax legislation signed into law by President Trump on 4 July 2025, commonly referred to as the One Big Beautiful Bill Act (the Act), affects the …

Prior to passage by the full House, the Rules Committee made two sets of changes to the tax title approved by the Ways and Means Committee. The Rules Committee amendments include changes …

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025, through the budget reconciliation process. This legislation contains provisions that reshape student financial aid, …

Forms W-2, 1099-NEC, 1099-MISC, and 1099-K will be updated for tax year 2026 to provide separate reporting of the employee’s qualified tips and qualified overtime compensation.

What Changed? • No phasedown for 48E or 45Y tax credits • To receive these tax credits, solar projects must: • Be manufactured in the same facility; Commence construction on

Honorable Hakeem Jeffries Democratic Leader U.S. House of Representatives Washington, DC 20515 Re: Preliminary Analysis of the Distributional Effects of the One Big Beautiful Bill Act Dear …