On July 4, 2025, President Trump signed into law the sweeping tax reform and spending reconciliation bill known as the One Big Beautiful Bill Act (OBBBA).
With the newly enacted bill officially signed into law, CDS is closely monitoring the long-term impacts. This page serves as a guide to what you need to know about the One Big Beautiful Bill Act tax provisions, which will be regularly updated with key insights and important information on how this legislation impacts taxpayers across the U.S.






