The One Big Beautiful Bill Act (OBBBA) created a new type of retirement account known as a Trump Account. These savings accounts are designed to help parents, grandparents and even…
Archives for August 2025
Major International Tax Shifts Ahead for Foreign Individuals and Dual Residents
As the U.S. gears up for another round of sweeping tax reform, the One Big Beautiful Bill Act (OBBBA) is turning heads—especially among foreign individuals, dual residents and globally mobile…
FDDEI: The New FDII
International provisions introduced under the Tax Cuts and Jobs Act (TCJA) in 2017 were made permanent with some changes under the newly passed One Big Beautiful Bill Act (OBBBA). Under…
GILTI Becomes NCTI
The recently signed One Big Beautiful Bill Act (OBBBA) modified the Global Intangible Low Tax Income (GILTI) to Net CFC Tested Income (NCTI). GILTI, enacted in 2017 under the Tax…
How Nonprofits Can Thrive in High-Demand Times
If it feels like your nonprofit is being asked to do more with fewer resources, you’re not imagining it. You’re not alone, either. This moment calls for smart, focused leadership,…