Tax Law Update: What the One Big Beautiful Bill Means for You
On July 4, 2025, Congress passed the One Big Beautiful Bill Act (OBBBA). This law has reshaped how individuals and businesses manage income, deductions, and compliance.
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Stay ahead with expert advice on taxes, business, and personal finance
On July 4, 2025, Congress passed the One Big Beautiful Bill Act (OBBBA). This law has reshaped how individuals and businesses manage income, deductions, and compliance.
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With the standard deduction now significantly increased under OBBBA, many taxpayers, and even some tax preparers are skipping over one of the most powerful tools for reducing taxable income:
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