Note: Free xpostfactoid subscription is available on Substack alone, though I will continue to cross-post on this site. If you're not subscribed, please visit xpostfactoid on Substack and sign up| xpostfactoid
In Brief The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) that were due to sunset at the end of this year. This will give individual and business taxpayers a greater sense of certainty, and some […] The post The State of US Taxation and its Fiscal Trajectory appeared first on The CPA Journal.| The CPA Journal
The reconciliation bill (P.L. 119-21) that was enacted in early July will increase federal budget deficits over the next 10 years. As a result, PAYGO sequestration will be triggered unless Congress acts to avoid it. In August, FFIS published Budget Brief 25-13,which describes PAYGO sequestration and evaluates its potential impact on state and local governments in fiscal year (FY) 2026. That brief included a table that listed selected federal accounts subject to sequestration. This brief updat...| FFIS
Last week, the Centers for Medicare & Medicaid Services (CMS) opened the application process for the Rural Health Transformation (RHT) Program, a new $50 billion formula grant created by the reconciliation law (H.R. 1) to stabilize and transform rural health systems. States will receive funding over five years, but this is the only opportunity to apply. Applications are due November 5. Attachments IB 25-21 (256 kB)| FFIS
The reconciliation law (H.R. 1; P.L. 119-21) appropriated more than $45 billion for the Department of Homeland Security (DHS) and the Department of Justice (DOJ) to support immigration efforts. While most of the funding is for federal purposes, some goes to states, including for the 287(g) Program. This brief summarizes these appropriations and provides an overview of the 287(g) Program and its current use in states. Additional details on other funding streams have not yet been released. Atta...| FFIS
The Internal Revenue Service on Tuesday told auto lenders what they need to do to comply with the new interest reporting requirement for 2025 vehicle purchases. The tax change is part of the One Big Beautiful Bill Act (OBBBA) signed into law on July 4, but it retroactively covers car loans to Jan. 1. IRS […] The post IRS Issues Guidance for Auto Lenders on New Tax Deduction appeared first on New Jersey Business & Industry Association.| New Jersey Business & Industry Association
NJBIA members can learn firsthand from experts about the impact the One Big Beautiful Bill Act (OBBBA) and related federal policy changes are having on| New Jersey Business & Industry Association
The One Big Beautiful Bill Act is here. The next steps behavioral health and SUD leaders need to know for preparation and success are inside.| Eleos Health
The One Big Beautiful Bill Act (OBBBA), a related executive order and other policy developments introduce new risks to the solar and energy storage industries in the United States. Changes to tax law affect everything from residential rooftop systems to utility-scale projects. Jesse Pichel and Lev Seleznov of Roth Capital Partners examine the key provisions in recent U.S. policy announcements and their likely impact on the industry.| pv magazine USA
The One Big Beautiful Bill Act (OBBBA) is loaded with negative measures for the U.S. solar industry. What does the bill mean for solar project development over the coming years?| pv magazine USA
As the impacts of U.S. energy policy upheaval begin to spread, new capital structures are emerging. In the short term, developers will race to finish projects to qualify for federal incentives being removed on an accelerated timeline. pv magazine spoke with Trenton Allen, CEO of Sustainable Capital Advisors, who sees this period as an opportunity to build momentum that will endure beyond the policies that supported it.| pv magazine USA
Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube By Jonathan Tucker and Paul McVoy | Principals - Research & Development Tax Credits| KBKG
Eleos launches an AI scanner that proactively detects Medicaid eligibility risks. See the full announcement here.| Eleos Health
In this episode of No Notes, Dominic Miller, LCSW, MPA, Founder and Principal of Sotoro LLC, unpacks all the ways the One Big Beautiful Bill Act could impact behavioral healthcare in the US.| Eleos Health
One, Big, Beautiful Bill Act (OBBBA)| NASA Watch
Trump account is a non-deductible Traditional IRA for kids with no earned income. It isn't as good as a custodial Roth IRA, a 529 plan, or a UTMA account.| The Finance Buff
The OBBBA raises the dependent care FSA limit to $7,500 and brings major employee benefits changes for 2026. Learn what HR teams must do now to prepare.| blog.axcethr.com
Use this calculator to see the effect on your total deductions and your taxes from the SALT cap increase in the 2025 Trump tax law. Learn the Nuts and Bolts I put everything I use to manage my money in a book. My Financial Toolbox guides you to a clear course of action.Read Reviews The post Calculator: Effect of Higher SALT Cap in 2025 Trump Tax Law appeared first on The Finance Buff.| The Finance Buff
A deep dive into “No Tax on Overtime” in the new 2025 Trump tax law, with a calculator to estimate tax savings. It's not what you think. Learn the Nuts and Bolts I put everything I use to manage my money in a book. My Financial Toolbox guides you to a clear course of action.Read Reviews The post No Tax on Overtime in 2025 Trump Tax Law. What’s the Catch? appeared first on The Finance Buff.| The Finance Buff
A deep dive into "no tax on tips" in the new 2025 Trump tax law, with a calculator to estimate tax savings. What qualifies and what doesn't? Learn the Nuts and Bolts I put everything I use to manage my money in a book. My Financial Toolbox guides you to a clear course of action.Read Reviews The post No Tax on Tips in 2025 Trump Tax Law. What’s the Catch? appeared first on The Finance Buff.| The Finance Buff
Some tax deductions are neither above-the-line nor itemized. They're available if you take the standard deduction, but they don't lower your AGI.| The Finance Buff
The 2025 Trump tax law adds a new tax deduction for charity donations when you don't itemize and lowers the deduction when you do, starting in 2026.| The Finance Buff
The 2025 Trump tax law made car loan interest deductible with many strings and only temporarily. See what qualifies and what does not.| The Finance Buff
The 2025 new Trump tax law didn't extend the enhanced ACA premium subsidy. Manage your income carefully to stay under the tax credit cliff.| The Finance Buff
The new 2025 Trump tax law doesn't eliminate federal income tax on Social Security benefits. Social Security is still taxable just as before.| The Finance Buff
For Immediate Release: Thursday, July 3, 2025 NOIA Contact: jwilliams@nullnoia.org With Trump's Signature, the One Big Beautiful Bill Will Restore Certainty for the Gulf of America Washington, D.C. – National Ocean Industries Association (NOIA) President Erik Milito issued the following statement as the One Big Beautiful Bill Act […] The post With Trump’s Signature, the One Big Beautiful Bill Will Restore Certainty for the Gulf of America appeared first on NOIA.| NOIA
