Climate: Oh Boy–OBBBA Scrambles U.S. Energy Outlook
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3 Articles
A Summary of Some Key OBBBA Tax Provisions for Small Businesses - DWC CPAs and Advisors
The One, Big, Beautiful Bill Act (OBBBA) was signed into law on July 4. The new law includes a number of favorable changes that will affect small business taxpayers, and some unfavorable changes too. Here’s a quick summary of some of the most important provisions. First-Year Bonus Depreciation The OBBBA permanently restores the 100% first-year depreciation deduction for eligible assets acquired after January 19, 2025. This is up from the 40% bon…
Michael Desmond Quoted on Treasury's Implementation Strategy for OBBBA in Tax Notes | Miller & Chevalier
News khospital3 Mon, 07/14/2025 - 13:30 Featured On Publication Name Tax Notes Include Disclaimer Off News Type News Subtitle "Trump Got His Tax Bill. Now the Task Will Be Implementing It." Date 07.09.2025 Description Michael Desmond, former IRS Chief Counsel, spoke to Tax Notes about how the U.S. Department of the Treasury is expected to handle implementation of the One Big Beautiful Bill Act (OBBBA). Despite concerns over staffing reduc…
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