At the October 23 Executive Roundtable, Michael Stravin, Principal at Wolf & Company, P.C., outlined key provisions of the One Big Beautiful Bill Act—the most significant federal tax overhaul since 2017—highlighting its permanent rate reductions, expanded deductions, and new incentives for both individuals and businesses.
If lawmakers cannot reach an agreement on government funding, a shutdown will occur at the beginning of the fiscal year on October 1. The IAA is providing more detail about the implications of a government shutdown so that members can prepare accordingly.
Senate Republicans are calling on the SEC’s Inspector General to investigate the agency’s “aggressive regulatory agenda” under Chair Gary Gensler to ensure smaller advisers have a seat at the table.
At a Bipartisan Policy Center event on the future of cryptocurrency and blockchain technology, Senators John Hickenlooper (D-Colo.) and Thom Tillis (R-N.C.) expressed a willingness to move forward with bipartisan legislation on cryptocurrency.
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