One Big Beautiful Bill Tax Changes Explained — Join Our Bi-Weekly Forums
Taxes Just Got a Makeover — Let’s Break It Down Together
Let’s be real: few things make your eyes glaze over faster than the words “tax law changes.” But hang tight, because this one’s kind of a big deal. The One Big Beautiful Bill tax changes (or OBBB, if you’re into acronyms) are shaking up the system in ways that could put real money back in your pocket—if you know how to navigate them.
We get it—reading through tax legislation is about as fun as folding fitted sheets. That’s why we’re making it easy for you. Starting September 16, we’re kicking off bi-weekly Open Mic Tax Forums where we’ll walk you through exactly what’s changing, how it affects you, and what smart moves you can make right now to stay ahead of the curve.
In this post, we’re giving you a high-level breakdown of the most important updates—because while we love a good tax code deep dive, we know you just want the need-to-knows without the legalese headache.
What Is the One Big Beautiful Bill, Anyway?
Think of OBBB as a full-blown tax policy makeover. The government took a look at the current landscape and said, “Let’s shake things up.” And shake they did. The bill includes a wide range of provisions designed to boost working families, simplify small business compliance, and give a leg up to retirees and caregivers.
Here are some of the headline changes:
New Deductions: Tips, overtime pay, and even car loan interest may now be deductible in certain cases.
Boosted SALT Cap: The State and Local Tax deduction cap has been raised, especially helpful for taxpayers in high-tax states.
Senior Exemptions: More tax relief is available for individuals 65 and older.
Business-Friendly Perks: We’re talking extended bonus depreciation, higher 1099 thresholds, and streamlined compliance rules for small businesses and sole proprietors.
Of course, many of these goodies come with an expiration date. Several credits and deductions under OBBB are currently set to sunset between 2025 and 2028, so proactive planning now can mean big savings later.
And yes, this is just the tip of the iceberg—we’ll be peeling back the layers of each of these in our upcoming forums. You don’t need to memorize the fine print; that’s our job. You just need to show up and ask questions.
How These Changes Affect You
One of the things we love about OBBB is that it’s not just big, it’s personal. Whether you’re parenting toddlers, caring for aging parents, running a business, or juggling all three, this bill likely touches your life in a tangible way. Here’s how:
For Families
The Child Tax Credit and Dependent Care Credit are getting a bump, which could mean more cash in your pocket come tax time.
The Adoption Credit is expanded and simplified, making it easier for families to access this often-overlooked benefit.
For adult children supporting elderly parents, the Senior Exemption might help reduce your overall taxable income.
For Small Business Owners
The bonus depreciation extension means bigger immediate write-offs for large equipment purchases or business vehicles.
1099 thresholds are higher, which means fewer forms and less paperwork for you—and maybe fewer headaches in January.
If you pay your kids (legitimately!) or use your car for work, there’s now more room to write those off too.
For New Hampshire Locals
Even though we’re a no-income-tax state, many of our clients still face unique challenges when filing at the federal level—especially solopreneurs, rental property owners, and remote workers. Whether you’re a family filing jointly in Londonderry or a contractor hustling across New England, the one big beautiful bill tax changes could directly impact your federal return and planning strategy.
Come As You Are — Our Forums Start September 16
We’re tax nerds. And we’re proud of it. But we also know not everyone gets jazzed about depreciation schedules and filing thresholds. That’s exactly why we created the Open Mic Tax Edition—a relaxed, come-as-you-are virtual space where we break down the latest updates and answer your real questions, live.
Here’s the scoop:
Starts: Tuesday, September 16
When: Every other Tuesday, virtually via Zoom
Format: Open Mic—ask anything! We’ll answer live and even walk through real-life case examples.
Purpose: Help you understand what’s changing, how it impacts you, and what you should do next
Who It’s For: Families, freelancers, S-Corp owners, landlords, and anyone feeling blindsided by all the new rules
Think of it like a Q&A happy hour, minus the cocktails (but hey, we won’t judge if you bring one).
Register today to save your seat—space is limited because we keep the forums small on purpose. That way, you actually get your questions answered and don’t feel like just another name on a spreadsheet.
You’re Not Alone—We’ve Got Your Back
Look, we know tax changes can feel scary—especially when there’s a lot of buzz but not a lot of clarity. But with the right guide (hi, that’s us!), you don’t have to untangle it all on your own. The one big beautiful bill tax changes might be complicated, but they don’t have to be overwhelming.
So whether you want to come hang out with us on Zoom and pick our brains, or you’d rather schedule a one-on-one consultation where we look at your unique situation, we’re here. No pressure. No jargon. Just real advice from people who love this stuff (and actually think it’s fun—yes, we’re weird like that).
Let’s Tackle This Together
Ready to ditch tax stress? Join our bi-weekly Open Mic Tax Forums starting September 16
