The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, as Pub. L. No. 119-21, permanently extends and modifies key provisions from the 2017 Tax Cuts and Jobs Act (TCJA) while introducing new tax benefits and limitations. The law affects individuals, seniors, children, businesses, and charitable organizations, aiming to simplify long-term tax planning by making many provisions permanent. However, some benefits, such as clean energy credits and senior deductions, have temporary sunsets, and complexities arise wi