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Inside the One Big, Beautiful Bill: What OBBBA Means for You and Your Business

This week’s insight digs into the One Big, Beautiful Bill Act (OBBBA) that was signed into law on the 4th of July.After much debate on Capitol Hill and uncertainty over whether Congress would meet President Trump’s Independence Day goal, the tax cuts that began after the passage of the 2017 Tax Cuts and Jobs Act (TCJA) were made permanent earlier this month. In May, we detailed the tax and spending bill’s significant impacts on small business owners, and many of those call-outs made it to the final version of the legislation. Let’s dig into the key parts of the fiscal package.

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