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The One Big Beautiful Bill Act (OBBBA) introduces a 0.5% AGI “floor” on itemized deductions—an important shift for taxpayers and advisors alike. This blog explores what this new threshold means, who it affects, and how tax professionals can leverage AI tax research...

The One Big Beautiful Bill Act (OBBBA) brings major changes to the AGI percentage limits for charitable contribution deductions. Key provisions introduce a 0.5% AGI “floor” for individual deductions and a 1% floor for corporations, impacting how much taxpayers can deduct for charitable gifts.

A game‑changer for everyday donors: beginning in 2026, the One Big Beautiful Bill Act introduces an above‑the‑line charitable deduction—allowing non‑itemizers to deduct up to $1,000 (single) or $2,000 (joint) for cash contributions without itemizing.

The One Big Beautiful Bill Act (OBBBA) reshapes the federal tax landscape—including key reforms to the State and Local Tax (SALT) deduction cap.

With the passage of the One Big Beautiful Bill Act (OBBBA), significant changes have been made to the Child Tax Credit, providing new planning opportunities for tax and financial professionals.

The potential adjustment to the SALT deduction cap in 2025 could reshape tax strategies for high-income earners and homeowners in high-tax states.

Recent legislative proposals are stirring conversations around excluding tips and overtime pay from taxable income. This potential change could dramatically alter tax planning strategies for millions of workers.

Stay ahead of the curve with our comprehensive 2025 tax bill update. Explore the latest on crucial tax items, where each provision stands in Congress, and the next steps in the legislative process.

The proposed 2025 Child Tax Credit expansion could significantly impact family tax planning. This article breaks down the latest updates, eligibility changes, and refundability thresholds—highlighting how AI tax research tools,