One Big Beautiful Bill (OBBB) – What You Need To Know Now

Sweeping tax legislation is here, and its impact will be both immediate and far-reaching.

On July 4, 2025, President Trump signed the One Big Beautiful Bill (OBBB) into law. This landmark legislation introduces more than 100 tax provisions, including retroactive business deductions, permanent extensions of key Tax Cuts and Jobs Act (TCJA) reforms, new individual tax benefits from the Trump campaign, significant international tax changes, and more.

Join KSM for a timely and practical update on the legislation. We’ll walk through the most consequential provisions and highlight the planning opportunities and compliance considerations for both individuals and businesses.

Topics will include:

• SALT cap temporarily increased, subject to phase-out thresholds
• Key business deductions, including bonus depreciation, research and development expenses, and 163(j) interest limitation
• New deductions for qualified production property, tips, overtime, car loan interest, and seniors
• Permanent TCJA-era extensions, including Section 199A
• Changes to international tax rules, including GILTI, FDII, BEAT and more
• Trump Accounts and other savings and incentive provisions
• Impact on green energy credits, charitable deductions, and more

Who should attend:

Business owners, finance professionals, tax executives, and individuals seeking to understand how this legislation affects their tax position and strategic planning.

Those who attend the live webinar are eligible to receive up to one hour of CPE credit.

Scheduling conflict? Register for the event, and we will send you the on-demand recording. Please note that continuing professional education (CPE) credit is not available for on-demand recordings.