Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Tax penalty. Appointment of court punishment for non-payment of ...
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 ...
The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Photo by Drew Angerer / AFP via ...
As the U.S. presidential and congressional election frenzy has subsided, policymakers face critical decisions regarding the fate of tax provisions enacted through the Tax Cuts and Jobs Act (TCJA) of ...
“While Social Security benefits will continue to be taxed under existing rules, the new senior deduction may provide some relief by reducing or eliminating the tax owed for qualifying individuals.” ...
The Omnibus Big and Beautiful Bill Act (OBBBA) represents a significant shift in the U.S. tax landscape, cementing key provisions from the 2017 Tax Cuts and Jobs Act (TCJA) into permanence. By doing ...
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