The One Big Beautiful Bill Act: What It Means for You – A 7-Day Blog Series
The One Big Beautiful Bill Act: What It Means for You – A 7-Day Blog Series
Big news for taxpayers: The One Big Beautiful Bill Act (OBBBA) has officially passed, rewriting parts of the tax code and permanently extending many of the 2017 Tax Cuts and Jobs Act (TCJA) benefits.
But while the headlines sound impressive, many people are left wondering:
What does this really mean for my taxes?
How does it help me—or not help me?
What should I be doing right now to prepare?
Over the next 7 days, I’m breaking down the OBBBA into bite-sized posts—one topic at a time—to help you see who wins, who loses, and what action you should take.
Here’s what’s coming up in this series:
Day 1: SALT Deduction Cap Raised to $40,000
Day 2: No Taxes on Tips
Day 3: Changes in Taxable Social Security
Day 4: Higher Standard Deduction & Child Tax Credit
Day 5: Permanent Lower Tax Rates
Day 6: Pass-Through Business Deduction Made Permanent
Day 7: The Trade-Offs: Sunset Dates, Phase-Outs, and Debt
Whether you’re a family, a retiree, a business owner, or someone working hard to keep more of your paycheck, this series will help you understand what the OBBBA means for you—and how smart tax planning can help you take advantage of it.
Today, let’s dive into Day One!