What House Republican 'big beautiful' budget bill means for your money
House Republicans advanced a multitrillion-dollar tax and spending package that could have sweeping impacts on household finances.| CNBC
House Republicans advanced a multitrillion-dollar tax and spending package that could have sweeping impacts on household finances.| CNBC
With the recent ridesharing technology companies Lyft and Uber and other tech startups filing for IPO, some early employees and investors are reaping a double whammy payout reward. One that will put millions and for some billions of dollars of cash into their net-worth, as well as capitalizing on a unique tax provision that will| THInc
The recently signed “Big Beautiful Bill” Act fully preserves the Pass-Through Entity Tax (PTET) deduction. This deduction, often referred to as the small business deduction (Section 199A), enables eligible taxpayers to deduct up to 20% of their qualified business income (QBI) from their federal income tax liability. Legislative uncertainty surrounding the Pass-Through Entity Tax (PTET) […] The post Pass-Through Entity Tax Deduction AKA 20% Section 199A Preserved IN FULL in signed “Big...| THInc
President Donald Trump’s “One Big Beautiful Bill Act” has officially been signed into law. This sweeping legislation, passed via the fast-track reconciliation process, makes significant changes across various sectors, impacting individuals, families, and businesses. At nearly 900 pages, this legislation is a comprehensive collection of tax breaks, spending cuts, and other Republican priorities, including new […] The post Trump’s ‘Big Beautiful Bill Act’ is now law. What do...| THInc
