Westlaw Today has republished an article by Lathrop GPM attorneys Brendan Lund, Sasha Raab and Lisa Hansen, expanding the reach of their recent analysis on the One Big Beautiful Bill Act (OBBBA) and its significance for closely held businesses. While the Westlaw Today version is behind a paywall, the firm’s original legal update is available on our website for public access.
In their analysis, the authors break down how the OBBBA made many provisions from the 2017 Tax Cuts and Jobs Act permanent, in some cases with certain adjustments. The OBBBA also includes new tax incentives for businesses.
Read the Westlaw Today piece here [SUBSCRIPTION REQUIRED]: OBBBA Ushers in a New Era for Closely Held Businesses
The Lathrop GPM legal update can be found here: OBBBA Ushers in a New Era for Closely Held Businesses