The One Big Beautiful Bill Act (OBBBA), passed July 4, 2025, will bring sweeping changes to federal corporate and individual tax rules. Many of these ...
Mark Wynn, vice president of tax for Lamb Weston, said conformity is “the right choice for Idaho” but maintained concerns about several business provisions. He pointed to a restriction in the bill ...
After about two hours of discussion, debate and public testimony, a party line vote sends House Bill 559, conforming to federal tax code, to the House floor wit ...
The key change concerns how corporations expense research and experimentation (R&E) costs. Prior to the passage of the One Big Beautiful Bill, corporations were spreading this deduction, or amortizing ...
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