The Big Beautiful Bill (BBB) delivers the most sweeping tax changes since the 2017 Tax Cuts and Jobs Act (TCJA)—impacting income tax rates, estate planning, business deductions, Opportunity Zones, and more.
The Big Beautiful Bill Becomes Law: What It Means for Businesses and High-Net-Worth Individuals
ANCHIN ALERT
The Big Beautiful Bill (BBB) delivers the most sweeping tax changes since the 2017 Tax Cuts and Jobs Act (TCJA)—impacting income tax rates, estate planning, business deductions, Opportunity Zones, and more. For businesses and high-net-worth individuals and families, these updates could significantly reshape tax planning strategies for 2025 and beyond.
With several provisions taking effect as early as January 1, 2025, it’s essential to understand what’s changing and how it may affect both personal and business finances. This summary outlines the most impactful provisions—what’s permanent, what’s changing, and what you need to know now so you can properly plan for tomorrow.
