News & Insights
Understanding the Alternative Minimum Tax Exemption Under the One Big Beautiful Bill Act
The OBBBA modifies the Alternative Minimum Tax by maintaining higher exemption amounts and introducing stricter phaseout thresholds starting in 2026. As a result, more high-income
An Introduction to U.S. FATCA for Model 2 IGA Jurisdictions – Key FAQs for New Fund Managers
Fund managers entering Model 2 jurisdictions face complex FATCA obligations—from due diligence and onboarding to IRS reporting and re-certification. This guide breaks down key requirements,
Understanding the OBBBA’s Changes to Health Coverage and ABLE Accounts
The OBBBA enhances ABLE accounts and refines rules for claiming the Premium Tax Credit, expanding savings opportunities for individuals with disabilities. Beginning in 2026, these
Adoption Tax Credit Under the One Big Beautiful Bill Act (OBBBA): A New Era of Support for Families
The OBBBA introduces the most significant upgrade to the Adoption Tax Credit in years, making part of the credit refundable and expanding access for more
Miscellaneous Provisions under the OBBBA
New limits on wagering loss deductions and the permanent removal of moving expense deductions under the OBBBA are reshaping key areas of tax planning. These
How the OBBBA Changes Charitable Contributions and Scholarship Tax Benefits
Charitable contribution and scholarship tax rules are evolving under the OBBBA. The latest updates establish permanent deduction limits, universal deductions, and new federal credits that
529 Plan Changes in 2025: Expanded Qualified Expenses Under the OBBBA
The One Big Beautiful Bill Act (OBBBA) significantly broadens how families can use 529 education savings plans—covering K–12, homeschooling, and career training expenses. These updates
Back to School: Changes to Education Tax Credits You Should Know Heading into the New School Year
Updates to the American Opportunity and Lifetime Learning Credits under the OBBBA modernize education-related tax benefits. Increased refund limits, expanded eligibility, and inclusion of digital
Fueling Affordability: How the OBBBA Helps Car Buyers
Under the OBBBA, taxpayers purchasing new, U.S.-assembled vehicles can deduct up to $10,000 in car loan interest annually from 2025 through 2028. This new provision