tax provisions
Industry News
GOP Megabill: Key Taxpayer Insights You Should Know
Gregg Kell
July 15, 2025
The GOP Megabill is a sweeping piece of legislation that significantly modifies the tax landscape for American taxpayers, with a particular emphasis on extending the tax provisions initially laid out in the Tax Cuts and Jobs Act (TCJA) of 2017.Signed into law by President Trump on July 4, the bill encompasses nearly 900 pages packed with vital changes that will impact consumers and the economy alike.
