The One, Big, Beautiful Bill Newsroom

The OBBA legislative package draws extensively on key elements of the 2017 Tax Cuts and Jobs Act (TCJA), aiming to make permanent many of its expiring provisions. It also introduces new tax policies designed to support working families, encourage economic growth in rural communities, simplify tax administration, and unwind certain climate and clean-energy related tax credits enacted in recent years.

Many of the provisions described herein would be effective for tax years beginning after December 31, 2025, or following the date of enactment (July 4, 2025), although certain provisions are retroactive or prospective in nature. Register for our upcoming webinar on July 30th to learn more about the impacts of OBBBA on individuals and organizations.