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Category: News

The One Big Beautiful Bill Act (OBBBA), passed with slim majorities in Congress and signed into law by President Trump on July 4, 2025, represents a sweeping reform of U.S. tax policy. The OBBBA builds on the 2017 Tax Cuts and Jobs Act (TCJA) while introducing new provisions. This article provides a focused summary of the OBBBA’s changes to estate and income tax laws, highlighting their impact on taxpayers and planning considerations.
On June 5, the Supreme Court issued a decision in Ames v. Ohio Department of Youth Services, a case that has been closely watched by employers and employees alike. In Ames, the plaintiff was a heterosexual woman who alleged that she was discriminated against because she was passed over and demoted by her employer in favor of homosexual employees.
Becoming a parent is a wonderful adventure, and new parents have their hands full with learning how to parent. As emotional and stressful as it is to think about who will take care of their children in the event of their untimely deaths, parents should have a plan in place. In this episode of Simply Money, Mark Reckman outlines basic things that parents should know and should think about when going about the process of nominating a guardian for their children.