On July 4, President Donald Trump signed a budget reconciliation bill entitled the “One Big, Beautiful Bill Act” (the Act).

Prior to the One Big Beautiful Bill Act signed by President Trump on July 4, 2025 (the “OBBBA”) , Section 1202 provided that ...

President Trump signed H.R. 1, popularly known as the “One Big Beautiful Bill Act” (OBBBA) into law on July 4, 2025. In this ...

For businesses in qualifying industries, these changes make strategic C corporation conversions a compelling consideration, ...

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the “Act”) into law, which provides significant changes to the Internal Revenue Code. While the consequences of the Act are wide ...