On July 4, 2025, President Trump signed the One, Big, Beautiful Bill Act (OBBB) into law, enacting significant tax reforms with wide-ranging implications for individuals and businesses. Aimed at delivering…
read moreOn June 16, 2025, the Senate Finance Committee released its version of the tax bill – “The One, Big, Beautiful Bill” (OBBB). The President has expressed the goal of signing…
read moreIn case you missed it, watch as some of our tax leaders unpack recent and upcoming tax changes. From state updates to federal legislative proposals, our experts will help you…
read moreNew Jersey has launched the first phase of its modernized tax-filing system. Business owners can create profiles on the NJ Tax Portal to access filing assistance, account details, payment history,…
read moreOn May 9, 2025, New York Governor Kathy Hochul signed A3009, implementing the state’s budget bill (the “law”) for the 2025-2026 state fiscal year. The law contains many tax provisions summarized…
read moreThe House of Representatives Ways and Means Committee released their much-anticipated tax bill – “The One, Big, Beautiful Bill” – on May 12, 2025. Many of the proposed changes appear…
read moreEvery five years, the U.S. Direct Investment Abroad survey is to be filed out for the Bureau of Economic Analysis. This is currently due on May 30, 2025, for those…
read moreOn March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced the issuance of an interim final rule that significantly changes the reporting requirements for beneficial ownership information (“BOI”) under…
read moreOn February 27, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced that it will not impose fines, penalties, or take enforcement actions against businesses that fail to file or update…
read moreNew York State has imposed a sales tax on hotel occupancy charges. Effective April 2025, the definition of “hotel” for purposes of sales on occupancy charges includes short-term rental units…
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