On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, finalizing the budget reconciliation process for fiscal year 2025. While the bill is intended to stimulate ...
The One Big Beautiful Bill Act (OBBBA) ensures the permanence of higher exemption amounts and phase-out thresholds for the Alternative Minimum Tax (AMT), initially set by the 2017 Tax Cuts and Jobs ...