PYA Resource: Tax Implications of the OBBBA

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

Download PYA Tax Resource

 

PYA is dedicated to helping you understand changing tax regulations, so you can meet your professional and personal tax goals.