
One Big Beautiful Bill: What You Need to Know
The One Big Beautiful Bill includes a range of tax law changes that impact individuals, businesses, and estate planning. Some provisions are temporary, while others have long-term effects. These changes create new opportunities but may also require adjustments to your current financial strategies.
The bill spans over 1,000 pages. We have created an in-depth summary to highlight what matters most, and we will keep our website updated as changes unfold. Our experts are here to help you understand how these developments may impact your wealth plan and guide your next steps.
Here is a high-level breakdown of the key provisions and what they could mean for you:
New Senior Deduction Available in 2025
Beginning in 2025, taxpayers age 65 and older will be eligible for a new senior tax deduction of up to $6,000.
Individual Tax Rates Made Permanent
Changes to the Standard Deduction
Changes to Itemized Deductions
Changes to Tax Credits
Key Temporary Tax Provisions for 2025–2028*
Trump Accounts
Dependent Care Assistance
The One Big Beautiful Bill introduces sweeping tax changes that could have a meaningful impact on your personal and business financial strategies. While many provisions create new planning opportunities, they also bring added complexity.
Now is the time to reassess your tax and wealth strategy. Contact us to schedule a personalized planning session and ensure you are positioned to take full advantage of the new legislation.
*All temporary deductions are available to taxpayers, regardless of whether they take the standard deduction or itemize deductions on Schedule A.
The One Big Beautiful Bill includes a range of tax law changes that impact individuals, businesses, and estate planning. Some provisions are temporary, while others have long-term effects. These changes create new opportunities but may also require adjustments to your current financial strategies.
The bill spans over 1,000 pages. We have created an in-depth summary to highlight what matters most, and we will keep our website updated as changes unfold. Our experts are here to help you understand how these developments may impact your wealth plan and guide your next steps.
Here is a high-level breakdown of the key provisions and what they could mean for you:
New Senior Deduction Available in 2025
Beginning in 2025, taxpayers age 65 and older will be eligible for a new senior tax deduction of up to $6,000.
Individual Tax Rates Made Permanent
Changes to the Standard Deduction
Changes to Itemized Deductions
Changes to Tax Credits
Key Temporary Tax Provisions for 2025–2028*
Trump Accounts
Dependent Care Assistance
The One Big Beautiful Bill introduces sweeping tax changes that could have a meaningful impact on your personal and business financial strategies. While many provisions create new planning opportunities, they also bring added complexity.
Now is the time to reassess your tax and wealth strategy. Contact us to schedule a personalized planning session and ensure you are positioned to take full advantage of the new legislation.
*All temporary deductions are available to taxpayers, regardless of whether they take the standard deduction or itemize deductions on Schedule A.
One Big Beautiful Bill: What You Need to Know
The One Big Beautiful Bill includes a range of tax law changes that impact individuals, businesses, and estate planning. Some provisions are temporary, while others have long-term effects. These changes create new opportunities but may also require adjustments to your current financial strategies.
The bill spans over 1,000 pages. We have created an in-depth summary to highlight what matters most, and we will keep our website updated as changes unfold. Our experts are here to help you understand how these developments may impact your wealth plan and guide your next steps.
Here is a high-level breakdown of the key provisions and what they could mean for you:
New Senior Deduction Available in 2025
Beginning in 2025, taxpayers age 65 and older will be eligible for a new senior tax deduction of up to $6,000.
Individual Tax Rates Made Permanent
Changes to the Standard Deduction
Changes to Itemized Deductions
Changes to Tax Credits
Key Temporary Tax Provisions for 2025–2028*
Trump Accounts
Dependent Care Assistance
The One Big Beautiful Bill introduces sweeping tax changes that could have a meaningful impact on your personal and business financial strategies. While many provisions create new planning opportunities, they also bring added complexity.
Now is the time to reassess your tax and wealth strategy. Contact us to schedule a personalized planning session and ensure you are positioned to take full advantage of the new legislation.
*All temporary deductions are available to taxpayers, regardless of whether they take the standard deduction or itemize deductions on Schedule A.
The One Big Beautiful Bill includes a range of tax law changes that impact individuals, businesses, and estate planning. Some provisions are temporary, while others have long-term effects. These changes create new opportunities but may also require adjustments to your current financial strategies.
The bill spans over 1,000 pages. We have created an in-depth summary to highlight what matters most, and we will keep our website updated as changes unfold. Our experts are here to help you understand how these developments may impact your wealth plan and guide your next steps.
Here is a high-level breakdown of the key provisions and what they could mean for you:
New Senior Deduction Available in 2025
Beginning in 2025, taxpayers age 65 and older will be eligible for a new senior tax deduction of up to $6,000.
Individual Tax Rates Made Permanent
Changes to the Standard Deduction
Changes to Itemized Deductions
Changes to Tax Credits
Key Temporary Tax Provisions for 2025–2028*
Trump Accounts
Dependent Care Assistance
The One Big Beautiful Bill introduces sweeping tax changes that could have a meaningful impact on your personal and business financial strategies. While many provisions create new planning opportunities, they also bring added complexity.
Now is the time to reassess your tax and wealth strategy. Contact us to schedule a personalized planning session and ensure you are positioned to take full advantage of the new legislation.
*All temporary deductions are available to taxpayers, regardless of whether they take the standard deduction or itemize deductions on Schedule A.