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Tax Breaks: The Sorting Out The One Big Beautiful Bill Act Edition

UNITED STATES, JUL 11 – The act creates a permanent framework for Opportunity Zones with enhanced rural tax benefits and a decennial redesignation cycle, following nearly $100 billion invested since inception.

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Plus: A famous soccer coach is sentenced to prison for tax fraud, filing an amended tax return, smoking rates and sin taxes, filing deadlines, tax trivia, and more.

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On July 4, 2025, President Trump signed the law known as "One Big Beautiful Bill Act," which will reform the federal student loan system in the United States. According to the original report, this legislation will reduce payment plan options to just two and limit the amounts individuals can borrow for their higher education.These measures will significantly impact millions of borrowers in the country.Redefined Payment OptionsWith the new law, f…

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El Tiempo Latino broke the news in on Friday, July 11, 2025.
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