Trump Accounts, introduced under the One Big Beautiful Bill Act, provide families with a new savings tool that combines tax benefits and long-term planning opportunities. Learn how parents, employers, and even charities can contribute, and why this provision may be a valuable addition to your family’s financial strategy.
Reforms introduced under the OBBBA include permanent increases, expanded eligibility, and higher credit rates to help offset rising childcare costs. U.S. families abroad may also benefit, making childcare more affordable at home and overseas.
Several key credits — including EV, residential solar, and energy-efficient home improvements — will now expire as early as 2025. While some incentives like the Clean Fuel Production Credit are extended, new restrictions and compliance rules mean businesses and consumers must act quickly to maximize benefits.
Lower rates, higher deductions, and revised itemized rules are among the significant changes for individual taxpayers under the One Big Beautiful Bill Act (OBBBA), signed on July 4, 2025. This article outlines the key updates and their implications for future tax planning.
The One Big Beautiful Bill Act introduces significant updates to both the state and local tax (SALT) deduction and the qualified business income (QBI) deduction. Understanding how the expanded SALT cap and permanent QBI deduction apply to individual taxpayer’s situation is essential for effective tax planning.
This article will provide a brief summary of the tax provisions in the OBBBA that impact businesses and will be followed by articles diving deeper into certain business provisions of the OBBBA to provide a more comprehensive overview with planning opportunities.
The One Big Beautiful Bill Act (the “OBBBA”) is landmark legislation passed on July 4, 2025 that has significant implications for individuals. The OBBB is comprehensive tax legislation and includes key changes to individual tax related provisions and incentives. Navigating these changes is complex, but understanding them is essential for effective tax planning.
The administration of Trade, Business & Fictitious Names (“DBA”) registrations in Delaware will be transitioning as of February 2nd , 2026. DBA Registrations will now be done through Division of Revenue through an online process and will apply statewide.
Making sense of U.S. taxes is no small feat—especially when you’re living across borders, juggling green cards, dual citizenships, and tax treaties. Whether you’re a globe-trotting entrepreneur, a recent immigrant, or an advisor guiding international clients, understanding the intricacies of U.S. income and transfer tax residency rules is essential.
Navigate tax season smoothly with our guide to the 2025 tax deadlines. Stay ahead and avoid unnecessary penalties.
Since the adoption of the Corporate Transparency Act (the “CTA”) in 2021, there has been ongoing discourse around the constitutionality of the beneficial ownership information reports (the “BOIR”) rule given the resulting burden for smaller entities and privacy concerns.
It is hard to imagine an area of the law that impacts people more than Wills and Trusts. Death impacts everyone, and so does
