Article | Tax Trends
Tax reform 2025
Explore the impact of the One Big Beautiful Bill Act (OBBBA) (P.L. 119-21)
Aug. 15, 2025
Navigate tax reform with confidence
Sweeping legislative changes have reshaped the tax landscape, introducing new complexities and opportunities for businesses and individuals alike. The One Big Beautiful Bill Act (OBBBA) (P.L. 119-21), signed into law on July 4, 2025, brings significant updates to business deductions, individual tax brackets, international tax rules and IRA credits. But understanding the law is just the beginning.
Catch up on our first session and register now for the remaining sessions in the Tax Trends: Tax Reform 2025 webinar series. Each session in our four-part series dives into a different aspect of the OBBBA, offering actionable guidance to help you navigate the evolving tax landscape with confidence.
Key business-related tax provisions
Speakers: Matt Billings, Jessica Jeane, Kyle Sund, Diana Walker and Ben Willis
View the recording below to explore the most impactful business provisions introduced by the OBBBA, including full expensing, expanded section 179 limits and updates to interest deductibility and the Qualified Business Income (QBI) deduction. This session also covers the expanded benefits under section 1202 for Qualified Small Business Stock.