OBBBA: Learning the Deduction Details
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This vital work can continue due to a recent federal court ordering the Department of Housing and Urban Development (HUD) to release nearly $32 million in already-appropriated funds to organizations that support fair housing enforcement, to ensure that all people have equal access to home sales and rentals, finance, insurance, appraisals and more.
The One Big Beautiful Bill Act became law on July 4, 2025. The new law, which is generally regarded as pro-business, contains significant tax changes for businesses and individual taxpayers alike. Here is a summary of some of the important highlights of the OBBBA.
I was watching ESPN recently, catching highlights from The Open Championship, when golfer Scottie Scheffler said something that really sat with me: “Winning is just a moment, but the process is what defines you.”
In 2025, the nonprofit sector continues to be a vital force for social impact, but the landscape is rapidly evolving. Economic uncertainty, changing donor behavior, and growing demand for services are testing even the most resilient organizations. To stay effective and mission-focused, nonprofits must proactively address emerging risks and embrace innovation.
BLACKPRESSUSA NEWSWIRE — It’s so bad in America that a foreign news organization dug into the pricey details. The Times of London reported that inflation, which began accelerating in 2021, has left American consumers grappling with the most persistent cost increases in decades.
At SouthState Bank, we believe that everyone deserves the chance to build a future through homeownership. That’s why we’re proud to offer the Opportunity Advantage Loan Fund, a forgivable loan program designed to reduce financial barriers for first-time and income-qualified buyers.
Pamela R. Springer, the Founder and CEO of Global Skincare Products, has been proudly named as the 2025 recipient of the distinguished ASCP Industry Icon Award. ASCP (Associated Skin Care Professionals) is the leading national association supporting licensed estheticians. It is also home to over 35,000 members nationwide and is the only organization offering estheticians comprehensive, industry-specific benefits tailored to every stage of their career.
Black-owned businesses across America are fighting for survival as a perfect storm of economic challenges threatens to wipe out years of progress in minority entrepreneurship. Rising tariffs, persistent inflation and shifting political landscapes have created an increasingly hostile environment for these enterprises, forcing many to make difficult decisions about their future.
For Black Americans, the homeownership gains that occurred between 2019 and 2023 have halted. Last year, the white-Black homeownership gap remained stuck at 27.7 percentage points, and the same measure for Latino families was 25.2 percentage points.