Alternative Minimum Tax Changes
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
The One Big Beautiful Booklet is a collection of more than 60 memos that examine and summarize the major aspects of the One Big Beautiful Bill – the signature legislative achievement of President Trump and the 119th Congress.
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) (mostly) prevented a harmful increase to a complicated and inefficient extra tax on U.S. multinational
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) fixes a feature of the tax deduction for business interest expenses that penalized companies for
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) permanently extended the 2017 Tax Cuts and Jobs Act’s (TCJA’s) limitation on deductions for business
Author: Austin Gae TOPLINE: The One Big Beautiful Bill (OBBB) cuts $190 billion in electricity subsidies for unreliable solar and wind projects. download this memo
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
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) permanently extended the 2017 Tax Cuts and Jobs Act’s (TCJA’s) Child Tax Credit changes, including
Author: Austin Gae TOPLINE: The One Big Beautiful Bill (OBBB) eliminated civil penalties for noncompliance with the Corporate Average Fuel Economy (CAFE) standards. download this
TOPLINE: The share of income taxes paid by taxpayers with low to moderate incomes will fall under the One Big Beautiful Bill, as happened with
Author: John Shelton TOPLINE: The One Big Beautiful Bill blocked abortion providers from receiving Medicaid through July 4, 2026. Although temporary, defunding Planned Parenthood was
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) ensured that employers can continue providing up to $5,250 in student loan assistance to employees
Author: Austin Gae TOPLINE: The One Big Beautiful Bill (OBBB) expanded the clean fuel production credit. download this memo BACKGROUND: The Inflation Reduction Act (IRA)