Break down the One Big Beautiful Bill Act Part II, including charitable deductions, SALT limits, ACA credits, and new tax planning opportunities.
2025 tax changes
Understanding the One Big Beautiful Bill Act: Key Income Tax Changes for 2025
The new One Big Beautiful Bill Act locks in current tax brackets, expands the standard deduction, and revives a $6,000 exemption for seniors. However, its ripple effects go far wider. Learn which income-tax changes take effect now, which apply later, and how this law could reshape your retirement or estate planning.