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The tax landscape just shifted, again. On July 4, 2025, President Donald Trump signed the Senate-passed version of the One Big Beautiful Bill Act (OBBB) into law, following a narrow 218–214 House vote and a tie-breaking Senate vote cast by Vice President JD Vance. With this new law, sweeping and permanent changes to the tax code are now in effect, impacting virtually every taxpayer, business, and advisor across the country. The OBBB cements many of the core provisions from the Tax Cuts and Jobs Act (TCJA) and introduce

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