Day: July 26, 2025

Introduction The Tax Cuts and Jobs Act (TCJA), popularly called Trump’s Big Beautiful Bill, was the most significant overhaul of the U.S. tax code in over 30 years. While it brought widespread changes, opinions about its overall impact vary widely. Some hail it as a much-needed boost for the economy and middle-class taxpayers, while others…

Introduction In late 2017, the Tax Cuts and Jobs Act (TCJA), often dubbed Trump’s Big Beautiful Bill, dramatically reshaped the U.S. tax landscape. Signed into law by President Donald Trump, this sweeping reform was the most significant change to the tax code in over three decades. Its goals were ambitious: simplify the tax system, reduce…