On July 4, 2025, President Donald Trump signed into law a multi-trillion-dollar tax cut and spending bill, commonly referred to as the One Big, Beautiful Bill Act (OBBBA). The law extends many of the tax breaks included in Trump’s 2017 Tax Cuts and Jobs Act (TCJA), which were set to expire at the end of […]
The One Big Beautiful Tax Bill Act (OBBBA), signed into law on July 4, 2025, brings a myriad of tax benefits to businesses, small and large, including expanded deductions for depreciable property, research and development expenses and business interest expense. It also modifies taxes on foreign profits and sales of qualified small business stock while […]
The U.S. government’s One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, contains a permanent reinstatement of 100 percent bonus depreciation and other tax-savings provisions that encourage businesses to invest in new assets. These tools enable businesses, including real estate owners and developers, to write off a greater portion of their […]
In a week when airports across the country saw flight delays, some of which made it difficult for members of Congress to return to Washington, DC, President Trump’s One Big Beautiful Bill (the “Bill” and more formally known as “An Act to provide for reconciliation pursuant to title II of H. Con. Res.14) arrived right […]
In this episode Associate Director of Assurance and Advisory Services Mikel Gastaminsa, CPA, shares the basics of IFRS, what multi-national companies need to look out for and strategies for staying in compliance.
Posted on July 01, 2025
by
Karen Lake
Florida lawmakers recently approved House Bill (HB) 7031, calling for the full repeal of the state’s sales tax on commercial rent tax beginning on October 1, 2025. This change, which marks the end of a policy that has long been out of step with national norms, is expected to generate significant savings for Florida-based businesses […]
