Whitepaper | OBBBA provisions packet
One Big Beautiful Bill Act: Overview of key tax provisions and takeaways
Prepared by the national tax professionals at Baker Tilly
July 23, 2025
The One Big Beautiful Bill Act (OBBBA) (P.L. 119-21), signed into law on July 4, 2025, marks one of the most sweeping overhauls of U.S. tax policy in recent history. This comprehensive package from the national tax professionals at Baker Tilly breaks down the OBBBA’s most impactful provisions, spanning business, individual, international and clean energy tax reforms.
Whether you're a business leader navigating new expensing rules, a multinational grappling with GILTI changes, or an individual taxpayer planning around estate and deduction shifts, this guide delivers clear, actionable insights. With detailed analysis, planning considerations and real-world implications, this is a must-read for anyone looking to stay ahead of the curve.
Download now to understand how the OBBBA could reshape your tax strategy and unlock new opportunities.