As states scramble to adjust their laws after major changes to the federal tax code under the One Big Beautiful Bill Act (OBBB), experts shared what they’re watching on the business tax front.
Plante Moran’s David DeCew told Checkpoint that state conformity to the federal tax code after the OBBB is “continually evolving.” He stressed that “it’s important to keep thinking about it, knowing that the decision made last year or the treatment last year may not be the same as what’s required next year.”
“As states see the budgetary impact over the next few years, there may be additional decoupling provisions,” DeCew added.
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