The One Big Beautiful Bill Act (OBBBA) changes the foreign tax export incentives available for U.S. taxpayers; however, these incentives remain a strong opportunity to optimize your tax strategies. Taxpayers…
Archives for August 2025
Energy Efficiency Incentive
The One Big Beautiful Bill Act (OBBBA) includes several provisions to terminate or phase out deductions and credits related to energy efficiency improvements. This makes the timing of when energy-efficiency…
Key Changes in Depreciation and Section 179
The One Big Beautiful Bill Act (OBBBA) significantly updates how businesses handle depreciation. These changes aim to stimulate economic growth and investment. Among these provisions, the 100% bonus depreciation and…
The New Remittance Tax: A Hidden Game-Changer in the One Big Beautiful Bill Act
As international tax reform takes center stage once again, the One Big Beautiful Bill Act (OBBBA) introduces a sweeping provision that could significantly impact cross-border financial flows: a new excise…
Auto Loan Interest Deductibility
Beginning in tax year 2025 and expiring December 31, 2028, you can deduct up to $10,000 of auto loan interest per year, subject to income phaseouts and other limitations. Before…
