Which Energy Credits and deductions are expiring under OBBB
The One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, drastically accelerated the termination dates of several energy…
Category: Personal
OBBBA
Permanent Reinstatement of 100% Bonus Depreciation The OBBBA permanently restores 100% bonus depreciation for qualifying assets acquired and placed in service…
Personal Income Tax Deductions Guide for 2020
Personal exemptions The TCJA suspended the deduction for personal exemptions for the 2018 through 2025 tax years. For some taxpayers, this…