The One Big Beautiful Bill introduces significant changes to the itemized deduction framework that will fundamentally alter how taxpayers calculate their tax liability.
The One Big Beautiful Bill introduces a significant new tax benefit that allows taxpayers to deduct interest paid on qualifying auto loans for personal use vehicles
The One Big Beautiful Bill introduces significant enhancements to the Child Tax Credit that build upon the existing framework while providing increased benefits and permanent provisions.
The One Big Beautiful Bill introduces significant and permanent changes to the standard deduction structure that build upon the temporary increases established by the Tax Cuts and Jobs Act
The One Big Beautiful Bill represents a comprehensive tax reform proposal that fundamentally restructures the individual income tax system. Based on the available documentation, this legislation introduces significant changes to tax brackets, rates, and various deductions that would affect millions of American taxpayers.