New federal legislation alters eligibility rules for a widely used family tax credit, affecting many mixed-status households ...

The ‘One Big Beautiful Bill Act’ goes beyond taxes, with major changes to Medicaid, student loans, and education savings ...

Deductions Effective Now Practitioners are particularly enthused about the higher limit for the itemized deduction for state and local taxes. The SALT cap has been upped to $40,000 starting this year ...

Explore the implications of the One Big Beautiful Bill Act on the power sector and its impact on clean energy incentives.

The One Big Beautiful Bill Act (OBBBA or the “Act”), signed into law on July 4, 2025, introduces a broad set of changes ...

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law. This sweeping tax and spending package affects large ...

The One Big Beautiful Bill Act presents some complexities for wealthy families, alongside its extension and expansion of ...

Changes in legislation or additional laws historically have created opportunities for the alternative investment marketplace ...

The new act could impair young talent's ability to save for retirement making it leaders' responsibility to act proactively.

For businesses in qualifying industries, these changes make strategic C corporation conversions a compelling consideration, ...

The projected $1.1 billion hole in Michigan’s upcoming budget will likely put a wrench into ongoing negotiations over a long-term road funding plan.

John Barlow, a partner in Baker McKenzie’s Washington DC office, examines how recent R&D changes in OBBBA are having material ...