Income Taxes Articles

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...

Tax Update: House Approves Senate Reconciliation Package

Today, the House approved the Senate’s version of Republicans’ multi-trillion-dollar reconciliation package, known as the One Big Beautiful Bill Act (H.R. 1), by a vote of 218-214, with Reps. Brian Fitzpatrick (R-PA) and Thomas Massie (R-KY) joining all Democrats in...

Senate Concludes OBBBA Vote-a-Rama

The Senate approved a revised version of the One Big Beautiful Bill Act (OBBBA) (H.R. 1) on July 1, concluding a vote-a-rama that began the morning of June 30 and lasted over 24 hours.   Consideration was further delayed after Sen. Thom Tillis (R-NC) announced his...