2025 OBBBA Tax Law Changes: What They Mean for You

John Vance on 2025 OBBBA tax law changes and planning strategies for high-income families and business owners

A Historic Update to the Tax Code In July 2025, Congress passed and the President signed the One Big Beautiful Bill Act (OBBBA)  a sweeping piece of legislation that makes permanent some of the most impactful provisions of the 2017 Tax Cuts & Jobs Act while introducing a range of new deductions, thresholds, and incentives.…

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