On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, finalizing the budget reconciliation process for fiscal year 2025. While the bill is intended to stimulate ...

America’s income tax policy uses a graduated system designed to ensure that high earners pay a larger percentage of their ...

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...

Democrats in the House and Senate say that new Treasury regulations will allow large corporations to avoid paying the corporate alternative minimum tax (CAMT). The CAMT is a sweeping tax rule that ...