This post covers five particularly notable provisions for states: increasing deductions for state and local taxes (SALT) paid ...

On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”). The BBB makes permanent, extends and, in ...

The economic impact of Trump’s tax package can be viewed as a short-term stimulus at the potential cost of long-term drag.

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...

The One Big Beautiful Bill Act is currently written to eliminate $267 billion in federal funding from the Supplemental ...