The One Big Beautiful Bill Act (OBBBA) introduces sweeping changes to U.S. international tax rules, redefining GILTI as Net CFC Tested Income (NCTI) and FDII as Foreign-Derived Deduction Eligible Income (FDDEI). These updates, effective in 2026, will significantly impact tax planning for multinational businesses.
The One Big Beautiful Bill Act (OBBBA) introduces new risks in AI, data, governance, and compliance for C-suite leaders. Discover how to manage these challenges, leverage incentives, and turn uncertainty into long-term opportunity.
The OBBBA brings back full R&D expensing and makes the R&D tax credit permanent, giving businesses more ways to save while driving innovation. Learn how these changes can benefit your company.
Discover how the OBBBA impacts restaurants and hotels with tax benefits like bonus depreciation, tip deductions, and expanded expensing options. Learn how to take advantage of these opportunities.
The IRS's new Schedule 1-A draft simplifies reporting for four OBBBA deductions, including tips, overtime, and car loan interest. Learn how to prepare for these tax-saving opportunities.
The OBBBA is reshaping the M&A landscape with tax reforms like bonus depreciation and expanded QSBS exclusions, creating new opportunities for buyers and sellers to structure deals strategically.
Time is running out to claim energy-related tax credits like Section 179D, with deadlines approaching in 2025 and 2026. Learn how to plan ahead and secure these valuable incentives.
Explore how the OBBBA introduces significant tax benefits for private clubs and their employees, including deductions for tips and overtime, enhanced expensing options, and changes to clean energy credits.
Discover how the new "No Tax on Tips" deduction under the OBBBA offers tax relief for tipped workers across 68 occupations, from bartenders to personal trainers, starting in 2025.
The OBBBA brings tax benefits, faster procurement, and new cybersecurity requirements, reshaping how government contractors compete. Learn how to stay ahead.
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