On July 4, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, ushering in a major overhaul of federal tax policy. In a concise resource, PYA explains OBBBA’s business tax and individual tax implications.
The helpful document offers insights into these areas:
Business Tax
- Bonus Depreciation
- Section 179 Expensing Cap
- Domestic Research & Development
- Energy Tax Credits
Individual Tax
- Individual Income Tax Rates
- Standard Deduction
- State and Local Tax Deduction
- Tips and Overtime Pay
PYA is dedicated to helping you understand changing tax regulations, so you can meet your professional and personal tax goals.