Key tax changes in Trump’s ‘big beautiful bill’ for 2025 and their implications for you
It’s been about two weeks since the president’s new legislation, often referred to as the “Big Beautiful Building,” was signed into law. Financial advisors and tax professionals are still working to understand what this sweeping law means for their clients. Some changes are set to take effect in 2025, impacting tax returns that will be […]
Trump’s Major Bill Could Pose Challenges for Renewable Energy
A recent report from Enverus, a large-scale energy data and analytics company, suggests that the swift removal of wind and solar subsidies in the OBBBA of 2025 may significantly affect these industries. The findings indicate that currently, only 30% of proposed solar projects are in development, while 57% of wind projects could remain viable as […]
Trump’s major bill for 2025 features important tax changes and their implications for you
Impact of Trump’s Recent Legislation on Taxes House Speaker Mike Johnson (R-LA) gathered with fellow Republicans in the Rayburn Room at the Capitol on July 3, 2025, to sign what’s been termed a “big beautiful bill.” It’s been nearly two weeks since this significant piece of legislation was enacted, and financial advisors, along with tax […]
Trump’s ‘One Big Beautiful Bill’ might take Medicaid coverage away from 1.3 million people in New York.
What You Should Know An estimated 1.3 million residents in New York could find themselves losing health insurance over the next decade, based on insights from Gov. Kathy Hochul. Medicaid is projected to face cuts of about 1 trillion dollars in the coming ten years due to President Trump’s new tax laws. As part of […]
Tax incentives and additional assistance measures in Trump’s “Big, Beautiful Bill” effective from 2025
The recent tax reform, known as the One Big Beautiful Bill Act, was signed into law by former President Donald Trump on July 4th and will bring significant changes to how Americans handle taxes starting with the 2025 tax year. While it builds on the Tax Cuts and Jobs Act from 2017, this new legislation […]
US Lawmaker raises concerns about the GENIUS bill, calling it a hidden CBDC threat
US Representative Marjorie Taylor Green has expressed concerns that the newly proposed stubcoin bill may serve as a “backdoor” for the government to effectively deploy a central bank digital currency (CBDC), masking it as privately issued crypto tokens. She pointed out that regulated stubcoins possess “functional surveillance capabilities” and are virtually indistinguishable from CBDCs. In […]
“One Major Attractive Bill” provides numerous tax advantages for Americans. Here are some to consider.
Tax season might feel like it’s still a ways off, but experts believe it’s a great time to prepare for the new changes brought on by the extensive tax and spending bill that was enacted in early July. While there are no new taxes on overtime and the $6,000 bonus deduction for seniors is well-publicized, […]
President Donald Trump is set to sign a new cryptocurrency bill into law on Friday.
Trump Signs Cryptocurrency Legislation WASHNGTON – President Donald Trump officially signed a new law on Friday, marking an important step for the cryptocurrency industry, which has worked hard to build its credibility and political influence. This legislation aims to set foundational regulations and consumer protections around stablecoins, which are linked to stable assets like the […]
Many believe the GOP tax bill will benefit the rich and hurt the poor, according to a survey.
A recent survey revealed that many Americans think President Trump’s new legislation, dubbed the “big and beautiful bill,” primarily benefits the wealthy while negatively affecting both the middle and lower-income groups. This data was released by the Associated Press Center for Public Servants on Friday. According to the findings, 64% of U.S. adults believe the […]
Congress delivers a bill confirming $9B in DOGE reductions to Trump’s desk
House Republicans have greenlit an initial set of cuts proposed by the Department of Government Efficiency (DOGE), moving a substantial $9 billion package to President Trump’s desk late Thursday night—a notable win for the GOP. The legislation, which limits previously approved foreign aid and federal funding for public broadcasting, passed with a narrow vote of […]