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
Jul 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.
For more information on this topic, or to learn how Baker Tilly tax specialists can help, contact our team.
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The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.