WASHINGTON, DC - JULY 04: President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law. (Photo by Samuel Corum/Getty Images) Now that the ink has dried on the ...

The Idaho House Revenue and Taxation Committee introduced the annual tax conformity bill on Friday. The bill, in its current state, calls for virtually full con ...

In this episode of Tax Notes Talk, Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco explore the final version of the One Big Beautiful Bill Act that President Trump signed into law on ...

OBBBA generally maintains the current individual income tax brackets set by the TCJA, ensuring no increase in the marginal rates. Thus, 37% remains the highest rate for ordinary income and 20% for ...

On July 4, 2025,, the One Big Beautiful Bill Act (OBBBA) became law. The Act itself was almost 1,000 pages. It made many of the provisions of the 2017 Tax Cuts and Jobs Act permanent and included new ...

WASHINGTON (AP) — Congressional Republicans agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill on Thursday after a request by Treasury Secretary Scott Bessent.

A gambling tax provision in President Trump’s megabill that passed Congress earlier this month is ruffling feathers on both sides of the aisle. Tucked into the approximately 1,000-page tax and ...