
House passage of “One Big Beautiful Bill Act” clears way for White House action
The House of Representatives passed the “One Big Beautiful Bill Act” (H.R. 1) with a narrow vote, following Senate approval.
September 2024
This updated In depth related to the FASB's December 2023 income tax disclosure ASU includes our responses to frequently asked questions on the rate reconciliation and income taxes paid disclosures. In addition, there is an expanded discussion of the FASB’s change to require certain disclosures for public business entities rather than public entities; this may result in changes in disclosure requirements for certain entities upon adoption of the ASU.
The House of Representatives passed the “One Big Beautiful Bill Act” (H.R. 1) with a narrow vote, following Senate approval.
An overview of the Senate-passed version of H.R. 1, which was approved by the Senate, following a narrow vote.
Discover key updates to IRS Form 6765 for R&D tax credits. Learn how new rules impact compliance and claims, especially in banking and financial services.
Several states recently have taken steps to advance utilization of the research and development (R&D) credit at the state level.