What You Need to Know
One year after the enactment of the One Big Beautiful Bill Act (OBBBA), taxpayers continue to navigate significant tax changes and evolving regulatory guidance. Since the legislation became law on July 4, 2025, the IRS, Treasury Department and state tax authorities have issued guidance affecting how key provisions are interpreted and implemented.
Gain insights from the CBIZ National Tax Team highlighting key developments, IRS and Treasury guidance, and practical planning considerations across some of the law’s most impactful provisions.
Explore updates on topics including:
- Domestic R&E expensing
- Bonus depreciation
- Business interest limitations
- SALT deductions
- Qualified small business stock
- Opportunity zones
- Estate planning
This resource also provides insights to help organizations evaluate opportunities, address compliance considerations, and plan for the future.
Download the chart for a concise look at how the OBBBA has evolved over the past year and what the latest guidance may mean for your tax strategy.
OBBBA One Year Later: What We’ve Learned and What’s Ahead
One year after the One Big Beautiful Bill Act (OBBBA) reshaped the tax landscape, new guidance and real-world application have revealed both opportunities and challenges. Sweeping changes across corporate, individual, and state tax regimes have been followed by a steady stream of guidance from the IRS, U.S. Treasury and state authorities, creating both clarity and new complexity for taxpayers.
