The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4th, and if you're wondering whether it matters — it does. In the tax world, this is the big one. It changes a lot, clarifies even more, and cuts some things entirely.

Is this a business... or a hobby? That may sound like a technicality, but the difference can affect how much tax you owe, what you’re allowed to deduct, and whether you attract IRS attention.

Filing an extension can buy you time, but not as much as you think. Here’s a Montana-grounded look at what’s still possible — and what deadlines you’ve already missed.

A Look at 529 Plan Comparisons and TCJA Improvements 

Can You Defer Crop Insurnace Income to Cut Your Tax Bill? Yes-if you meet the IRS's three specific rules.

The One Big Beautiful Bill Act (TOBBBA), recently passed in the House, represents a major federal tax overhaul. It aims to lock in some of the 2017 tax cuts, while adding new benefits for families, seniors, small businesses, and hourly workers.