OB3-60

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) permanently extended the 2017 Tax Cuts and Jobs Act’s (TCJA’s) changes to the alternative minimum

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) authorized Opportunity Zone (OZ) designations by state governors once every 10 years to allow tax

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) mitigated scheduled tax increases in the international tax code. download this memo BACKGROUND: The 2017

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) (mostly) prevented a harmful increase to a complicated and inefficient extra tax on U.S. multinational

Author: Preston Brashers TOPLINE: To avoid benefits going to illegal immigrants, the One Big Beautiful Bill (OBBB) required that taxpayers provide a work-eligible Social Security

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) established a 1% excise tax on remittances out of the U.S. to persons in other

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) allows a $1,700 tax credit for contributions individuals make to (nonprofit) scholarship granting organizations (SGOs)

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) expanded the tax on “excess” compensation paid by nonprofit organizations to highly paid employees. For

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) increased federal taxes on large private college and university endowments. download this memo BACKGROUND: Most

Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) will allow those who claim the standard deduction to deduct up to $1,000/$2,000 (single/married joint