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Tax and financial planning news from around the web: July 14 – 18, 2025

Written on Jul 18, 2025

Tax clients are already starting to ask their accountants about the many changes in the massive One Big Beautiful Bill Act passed by Congress last week. 

The IRS has nixed 83 pieces of older guidance considered obsolete as part of the Trump administration's push to reduce regulations that are considered burdensome, outdated, expensive, or unnecessary.