The administration of President Trump has unveiled the 'One Big Beautiful Bill' (OBBB), a comprehensive tax reform initiative aimed at enhancing economic prosperity and reducing the national deficit.

Prefer Newsweek on Google to see more of our trusted coverage when you search. Under the new One Big Beautiful Bill Act (OBBB), which was signed into law in July 2025, employers are expected to report ...

The One Big Beautiful Bill (OBBB) Act, signed into law by President Donald Trump on July 4, 2025, has proved to be highly controversial, not least because of its provisions for cuts to Medicaid and ...

Earlier this year, President Trump signed the One Big Beautiful Bill Act (the “OBBB”) into law. The OBBB has had a widespread impact on tax legislation, either amending or repealing many provisions of ...

The "One Big Beautiful Bill" (OBBB) passed earlier this summer implemented a host of tax changes (while keeping around several cornerstones of the current tax code) that will in one way or another ...

The One Big Beautiful Bill Act made significant changes in the tax benefits of charitable giving. The changes take effect in 2026 and should be considered in both long-term and short-term charitable ...

The One Big Beautiful Bill (OBBB) significantly increased the SALT cap, from $10,000 to $40,000. The higher $40,000 limit, however, is subject to a phaseout when taxpayers' income exceeds certain ...

The One Big Beautiful Bill, or OBBB, made significant changes impacting health insurance coverage. While open enrollment for the ACA healthcare exchanges has been from November 1 to January 15 for the ...

If you're a senior on Social Security, you may have heard claims that 88% of seniors on Social Security will no longer owe taxes on their benefits now that the "One Big, Beautiful Bill" (OBBB) has ...

It also took a significant step to improving health care in rural areas by allocating $10 billion per year over the next five years to support rural hospitals and health care providers, redirecting ...

Many Americans may receive a larger refund this year due to tax policy changes implemented under the One Big Beautiful Bill Act (OBBB). Gather your tax documents now to maximize your potential refund.

The One Big Beautiful Bill (OBBB) (P.L. 119-21) enacted in 2025 included significant amendments to the bonus depreciation rules under Section 168(k). It permanently reinstated bonus depreciation at ...