Income Taxes Articles

Taxation & Representation: Passthrough Deduction May Rise – What It Means for Your Family Owned Business

Passthrough Deduction Eyed for Bigger Boost in Future Bill: House Republicans are weighing the possibility of a second major tax package following the recent enactment of their One, Big, Beautiful Bill Act (OBBBA, Public Law 119-21), which extends key provisions of...

Constant, Consistent Education with Congress Pays Off in ‘OBBB’ for Family-owned Businesses, Family Offices

Constant, Consistent Education with Congress Pays Off in ‘One Big Beautiful Bill’ for Family-owned Businesses, Family Offices   Working with Congress on the critical tax and economic policies affecting family-owned businesses, family offices, and successful...

The One, Big, Beautiful Bill Act – Summary and Analysis

On July 3, the House adopted the Senate substitute to H.R. 1, the One, Big, Beautiful Bill Act (OBBBA) by a vote of 218-214. The bill was signed into law on July 4, 2025.   To read a breakdown of the full bill, please click here. About Brownstein Hyatt Farber...

Quick Poll: Taxed More of Less Due to OBBB

We’d love to hear from you! Please take a moment to participate in our quick poll on The One Big Beautiful Bill .Your input helps us better understand and represent the interests of family owned businesses across the country.We hope...