Webinar: A Closer Look at the Individual Tax Provisions in the One Big Beautiful Bill

On July 4, 2025, President Trump signed the One Big Beautiful Bill into law. This landmark legislation extends the Tax Cuts and Jobs Act’s provisions that were set to expire and makes many of them permanent. It also establishes a wide range of new provisions designed to provide tax-savings opportunities to businesses and individuals alike.

In this educational session, we covered the key individual tax provisions in the final version of the bill.

Agenda items included:

• Permanent extensions of key Tax Cuts and Jobs Act provisions such as the standard deduction, personal exemptions, qualified business income, alternative minimum tax, itemized deductions, the child tax credit, and the estate and gift tax exemption
• A look at the highly-debated SALT deduction
• New above-the-line deductions for tips and overtime pay
• Expanded Section 529 savings plan uses
• New tax provisions such as charitable contribution deductions for non-itemizers, deductions for car loan interest, credits for scholarship granting organization charitable contributions, and tax-favored savings accounts for children

Watch the Rebroadcast: