Executive Summary: OBBBA 2025 and Why It Matters
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, bringing the biggest tax changes since 2017. The new rules impact both businesses and individuals, reshaping how companies invest and how families plan for the future.
For businesses, the Act makes it easier to invest in research, equipment, and growth by restoring immediate tax breaks for R&D spending and capital purchases. It also updates rules that make financing more flexible and expands tax benefits for startup founders and investors.
For individuals, OBBBA raises key deduction limits, makes certain tax breaks permanent, and introduces new opportunities like deductions for tips and overtime. At the same time, changes to estate planning and charitable giving rules mean families should revisit their long-term strategies.
In short, OBBBA 2025 is more than a tax update — it’s a reset that gives businesses and individuals new opportunities, while also requiring fresh planning to take full advantage of what’s changed.
Check out the full article below for a deeper dive into the provisions and what they mean for you.