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John Adis

Aug 9, 2025

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Updated: Aug 30, 2025

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Which energy credits and deductions are expiring under OBBB, and what are their new termination dates?

FS-2025-05, Aug. 21, 2025 These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible. Accordingly, these FAQs may not address any partic

One, Big, Beautiful Bill Act of 2025 provisions

The One, Big, Beautiful Bill Act of 2025 has a significant effect on federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21 . These provisions go into effe

New for 2025

Alternative minimum tax exemption amounts. For tax year 2025, the exemption amount for unmarried individuals increases to $88,100 ($68,650 for married individuals filing separately) and begins to pha

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