Major Maryland Tax Updates for 2025
On July 1, several tax changes took effect under the Budget Reconciliation and Financing Act of 2025, a 200-page law signed by Governor Wes Moore on May 20. Learn more about the major Maryland tax updates.
Comparison and Analysis of the One Big Beautiful Bill and Its Impact on Businesses and Taxpayers
Learn how the recently passed One Big Beautiful Bill Act (OBBBA) tax changes may impact your personal or business planning with this comparison chart.
Mid-Year Update for Nonprofit Organizations
At midyear, the nonprofit sector is balancing resilience with uncertainty. Total giving hit a record in 2024, and recent tax law changes may support modest growth in individual donations. Still, rising costs and unpredictable funding remain key challenges. Many organizations are focusing on diversified revenue, digital tools, and tighter planning to sustain services and protect their missions.
Senior Wealth Advisor Daniel Yoo Recognized in National Ranking of Advisors to Watch
Daniel Yoo, Senior Wealth Advisor with the PBMares Wealth Management team, was recently recognized in AdvisorHub’s 2025 ranking of Advisors to Watch.
Who Owns Fraud Risk? The Pressing Need to Fill Governance Gaps and Keep Criminals Out
Learn more about the importance of identifying who is responsible for preventing fraud risk and how to fill governance gaps to prevent fraud.
Key Tax Changes in the One Big Beautiful Bill
What’s in the One Big Beautiful Bill? Signed into law on July 4, 2025, this sweeping legislation includes more than 100 tax provisions. It builds on the Tax Cuts and Jobs Act (TCJA), modifying and in some cases permanently extending key provisions. The bill aims to update the tax code, stimulate business investment, and introduce new benefits for individual taxpayers. It also accelerates the phaseout of several clean energy incentives.
