President Donald Trump signed into law a landmark bill that makes permanent many of the expired and expiring tax provisions originally enacted in the Tax Cuts and Jobs Act of 2017. The new law – referred to colloquially as the One Big Beautiful Bill Act - solidifies key elements of the TCJA, introduces a range of new benefits, and also includes revenue-raising provisions to help balance some of its fiscal impact. These include the repeal or limitation of certain clean energy tax credits and other measures.
This page is designed to keep you abreast of developments in Congress and at the White House through insights from trusted Deloitte tax specialists given the tax policy challenges ahead. Check back often for updates and to understand potential changes on corporate, individual, and international tax policy.