Forbes contributors publish independent expert analyses and insights. I write about tax policy and how it affects business. The One Big Beautiful Bill Act (OBBB) has a number of important provisions ...
Corporations are expected to claim $16 billion in new tax breaks this year for purchases they had already made and put into usebefore the July passage of the Republican tax law, according to an ...
Americans, particularly the affluent, are set to receive larger tax refunds or smaller tax bills when they file in 2026, because of President Donald Trump’s tax and spending package passed in July, an ...
The question is no longer whether a suite of tax breaks for businesses will expire, but for how long. Congress left town for ...
Federal tax refunds often represent a family's single largest check of the year, and next year's refunds could be even bigger, with the average payment set to increase by about $1,000 per filer, ...
Treasury Secretary Scott Bessent predicted that Americans will see "gigantic" refund checks in the upcoming filing season, thanks to tax cuts in President Donald Trump's One Big Beautiful Bill Act ...
The House reconciliation measure branded the “One, Big, Beautiful Bill” (OBBB) would bar the IRS from paying any Employee Retention Credit (ERC) refund claims filed after January 31, 2024. Section ...
President Donald Trump is promising significantly larger tax refunds for Americans in 2026, pointing to retroactive tax changes included in legislation enacted earlier this year that will affect 2025 ...
Make the whole Trump tax cut retroactive — to January 1st. There are 1,000 reasons why some sort of soak-the-rich tax hike will be a terrible idea. And let me repeat my view that President Trump will ...
The new year has just begun and income tax deadlines are months away, but there's one thing to start considering now. Many ...