Tax Policy Insights, Guidance and Implications for U.S. Economy

Tax Policy Insights, Guidance and Implications for U.S. Economy

An update to the 2017 Tax Cuts and Jobs Act, the One Big Beautiful Bill Act will have short and long-term impacts on the U.S. economy. Explore analysis on U.S. tax reform and stay updated on the latest legislative developments.

The OBBBA provides sizeable tax cuts that permanently extend some 2017 TCJA provisions and introduces new legislation that will have lasting impact for individuals and businesses.

In this rapidly evolving landscape, understanding the intricacies of complex tax reform is paramount for making well-informed business decisions. At Kroll, we provide an array of timely tax services that help firms contextualize the impact of policy changes on their industries. This includes, but is not limited to, tax valuation, property tax, sales and use tax, income tax, mergers and acquisitions tax services.

Our specialists have provided the following guidance to help clients stay ahead of tax challenges:

The One Big Beautiful Bill Act Economic Implications

Signed into law in July 2025, the OBBBA is likely to increase U.S. economic growth over the next 10 years but poses significant risks for unsustainable debt accrual in the long-term.

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The One Big Beautiful Bill Act – What Does it Mean for the Economy and Businesses?

Renewable Energy Tax Credit Expiration

The OBBBA terminates several clean energy incentives, including technology-neutral tax credits for wind and solar project placed in service after 2027. This situation creates a compressed timeline for developers and introduces uncertainty for future endeavors.

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Renewable Energy Tax Credits Impact on Your Project | Kroll

2025 Global Business Sentiment Survey

The current state of economic complexity, which the OBBBA contributes to, necessitates preparedness across critical business issues.

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2025 Business Resilience Report | Kroll

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Kroll’s M&A tax practice brings deep experience executing thousands of transactions across industry verticals to deliver practical M&A tax solutions in partnership with our clients. Kroll understands M&A is often the cornerstone of value creation, and we tailor customizable and scalable solutions to enhance value across the transaction lifecycle.

Transaction Advisory Services

Kroll provides comprehensive due diligence, operational insights, and tax structuring support, assisting private equity firms and corporate clients throughout the deal lifecycle.

Sales and Use Tax Services

Kroll provides a comprehensive suite of sales and use tax services to assist companies in complying with its sales and use tax obligations.

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