The One Big Beautiful Bill Act
By Kenneth H. Bridges, CPA, PFS July 2025
The One Big Beautiful Bill Act
By Kenneth H. Bridges, CPA, PFS July 2025
On July 4, 2025, President Trump signed into law The One Big Beautiful Bill Act (OBBBA). The …
The Consolidated Appropriations Act of 2023
By Kenneth H. Bridges, CPA, PFS June 2023
On December 29, 2022, President Biden signed into law the Consolidated Appropriations Act of 2023, which included retirement legislation known as SECURE 2.0 Act. While this legislation is mostly of …
The Inflation Reduction Act
By Kenneth H. Bridges, CPA, PFS December 2022
Congress has, in recent years, become increasingly creative in how it names legislation; particularly tax legislation. And so, the tax legislation enacted in August 2022 was named The Inflation Reduction Act …
Proposed Tax Legislation
By Kenneth H. Bridges, CPA, PFS December 2021
President Biden campaigned on a promise to increase taxes on the wealthy and corporations, and so, with the White House and Congress both under Democratic control, a significant increase in taxes has …
American Rescue Plan Act of 2021
By Kenneth H. Bridges, CPA, PFS April 2021
On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (ARPA). Below is a summary of the highlights.
3rd round of rebate checks to individuals…
Consolidated Appropriations Act of 2021
By Kenneth H. Bridges, CPA, PFS April 2021
On December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. Below is a summary of the highlights.
PPP-funded expenses are tax deductible – For most small to …
The Paycheck Protection Program
By Kenneth H. Bridges, CPA, PFS June 2020
In mid-March, as efforts began to “flatten the curve” of the spread of COVID-19, businesses began to furlough employees by the millions, and the fear was that many small businesses would not …
FFCRA, CARES Act, PPP Increase Act, and PPP Flexibility Act
By Kenneth H. Bridges, CPA, PFS June 2020
In March, as much of the U.S. (and global) economy began to shut down, Congress went to work passing massive stimulus legislation to try keep the economy going. Federal legislation enacted from …
Highlights of the SECURE Act
By Kenneth H. Bridges, CPA, PFS March 2020
In late 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted. Below is a summary of the highlights.
Elimination of the “Stretch IRA” – For persons who passed …
The Tax Cuts and Jobs Act (2017)
By Kenneth H. Bridges, CPA, PFS December 2017
The Tax Cuts and Jobs Act (TCJA)1 was passed by the House and Senate on December 20 and signed into law by the President on December 22.
The actual text of …