On July 4, 2025, President Trump signed the landmark “One Big Beautiful Bill Act” (OBBBA) into law, introducing sweeping changes that impact individual, business, and estate tax planning strategies nationwide.
Grassi’s tax advisors have read, digested and dissected the impact OBBBA will have to the tax law. Join us on Thursday, July 10, for one of the most impactful webinars of the year, where we will unpack the key provisions of this legislation and what they mean for your income tax and financial planning strategies.
Key Topics Include:
- Individual tax updates: income tax rates under TCJA made permanent, SALT cap increases and other changes in itemized deductions, preservation of the PTET deduction, Child Tax Credit adjustments
- Business impacts: research and development expensing, 100% bonus depreciation made permanent, Section 179 deduction increased, QBI deduction made permanent, expanded interest deduction, Qualified Production Property (QPP) expensing, the effective end of the Employee Retention Credit program, and more
- Trusts & Estates: update to the lifetime gift tax exclusion, income tax rates made permanent
- What’s still unclear — and what to watch for next
Do not miss this opportunity to gain clarity and insights directly from Grassi’s tax advisors – register now.