The Trump administration is changing many prior policies, but supporters of this proposal are calling for further action to ...

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 tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

If your mother purchased the home for $100,000 and it's now worth $800,000, gifting the home to you assumes that the tax basis in the property is $100,000, not $800,000 and/or the value at the time of ...

The House bill would increase the child tax credit to $2,500 per eligible child from 2025 through 2028, among other changes.

Learn about tax-advantaged investments, their types, benefits, and risks. Discover optimization strategies and future trends ...