One Big Beautiful Bill: What Applies This Season vs. What Comes Next
If you’ve seen commentary on the “One Big Beautiful Bill,” you’ve probably noticed two extremes: either everything is framed as urgent , or everything is framed as future planning . The reality is somewhere in the middle. Several OBBA provisions are already in effect and will show up on 2025 tax returns . Others are explicitly delayed until next year or later , even though they’re being talked about as if they apply now. Here’s a clean breakdown. Changes You’ll See This Year (Already in...
