VIDEO: What the One Big Beautiful Bill Act Means for You and Your Business
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBB Act), ushering in sweeping changes to the U.S. tax code. Passed narrowly in both chambers of Congress, the legislation makes permanent many provisions from the Tax Cuts and Jobs Act (TCJA) and introduces new deductions, credits, and compliance rules.
In this video, Kate Clouse, senior tax manager at JCCS, breaks down key tax changes for individuals and businesses. She goes over:
- When the new tax provisions take effect
- What’s being eliminated or made permanent
- What remains uncertain as IRS guidance evolves
Whether you’re a business owner, financial professional, or just trying to stay ahead of the curve, this session provides valuable information to help you plan with confidence.
With the passage of this large and complex bill, we realize our clients may have questions and concerns. We recommend reviewing your current tax strategy in light of these proposed changes. Our team is available to discuss how these provisions may impact your personal or business tax strategy.
Want to dive in deeper? We recommend reading this article from our news archive. Sign up for our newsletter and you will receive additional details about the OBBB Act as they are made available.
