2025 Tax Law Changes: What the New OBBB Act Means for Deductions, Credits, and Your Financial Plan
Congress has passed a sweeping new tax law—the One Big Beautiful Bill Act (OBBB)—bringing permanent changes to the tax brackets, deductions, and credits many households rely on, while also introducing several new, time-sensitive opportunities. From expanded clean energy credits and charitable deductions to the launch of new “Trump Accounts” for children, the landscape is shifting. In our latest article, we break down what’s changing, what’s staying the same, and how to begin planning for 2025 and beyond.