On July 4, 2025, H.R.1, or what is being called the One Big Beautiful Bill Act (“OBBBA”), was signed into law, introducing major reforms in tax and employee benefits that affect businesses and their ...

Here is what President Donald Trump's massive tax and spending bill could mean for the U.S. economy and your finances.

Plus: Social Security ends paper checks, Live Aid, changes to Forms 1099, filling out Form W-9, national debt costs, filing deadlines, tax trivia, and more.