The One Big Beautiful Bill Act (OBBBA) introduces a new federal tax credit that permits taxpayers to claim up to $1,700 per taxpayer annually for donations to Scholarship Granting Organizations…
Changes to Business Interest Expense Deduction
With the passing of the One Big Beautiful Bill Act (OBBBA) on July 4, 2025, large businesses1 may see significant tax savings and be able to take advantage of accelerated depreciation…