President Trump signed the “One Big Beautiful Bill Act” on July 4, 2025, reshaping U.S. international tax rules. Key changes impact GILTI (renamed NCTI), FDII, BEAT, foreign tax credits, and CFC rules. Effective mostly in 2026, the reforms raise effective tax rates while expanding credit use, requiring careful planning by U.S. multinationals.

The OBBBA raises the SALT deduction cap to $40,000 from 2025–2029, offering high earners in high-tax states short-term opportunities. With income phaseouts and trust limitations, planning is essential. Business owners can benefit further through PTET elections, which remain fully deductible under federal law.

The One Big Beautiful Bill Act reshapes tax planning with new deductions and business incentives. Learn how bonus depreciation, QBI, and global tax updates affect your operations—and where your advisors can help you take advantage.

Washington Saves program requires employers without retirement plans to offer auto-IRAs by July 1, 2027. Learn how to comply, avoid penalties, and take advantage of limited-time tax incentives by planning now.

Sales tax on tariff charges varies by state, but a key factor is who bears responsibility for the tariff. If the seller is the importer and passes the cost to the buyer, it’s typically taxable. If the purchaser is responsible, it often isn’t. While not all states provide guidance, South Carolina and New Jersey offer clear examples.

The One Big Beautiful Bill, signed July 4, 2025, brings major tax code changes for businesses and individuals. This on-demand webinar covers key deductions, credits, and compliance updates—including Section 179, QBI, R&D expensing, SALT, QSBS, and more—so you can plan strategically and stay ahead.