What is the One Big Beautiful Bill (OBBB)?
An Overview of its Major Provisions
On July 4, 2025, President Trump signed the OBBB into law. This tax and spending measure solidifies numerous tax law changes originally enacted in the Tax Cuts and Jobs Act (TCJA) of 2017 and signed into law during President Trump’s first term in office.
After an arduous process, Aprio’s Tax advisors have prepared a comprehensive overview of the bill, as well as a deep dive into the many notable provisions.