With 2025 rapidly coming to a close, it’s important that Taxpayers take some time to think through how they can optimize their tax position for 2025 and beyond. After a few quiet years on the federal side, 2025 brought significant tax legislation in the form of the One Big Beautiful Bill Act. The bill contained significant extenders (tax rates, standard deduction, etc.) that have served to prevent disruption, several fixes to existing tax law (discussed in detail within) and variations of matter

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One Big Beautiful Bill - What You Need to Know