OBBBA Act Signed into law July 4, 2025

Congress and the President signed the new tax act, One Big Beautiful Bill Act (“OBBBA”) into law on July 4, 2025.

About the One Big Beautiful Bill Act (OBBBA)

The recently passed “2025 Reconciliation Bill,” officially titled “An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14” or the “One Big Beautiful Bill Act” (OBBBA), and signed into law on July 4, 2025, marked a significant transformation of the U.S. tax code.

This comprehensive legislation extends and modifies provisions from the 2017 Tax Cuts and Jobs Act (TCJA) while introducing a host of new tax policies that impact both individuals and businesses.

Running a business is challenging enough without having to decode complex tax legislation. But when sweeping changes like the “One Big Beautiful Bill Act” (OBBBA) become law, understanding their impact on your operations isn’t optional—it’s essential for protecting your bottom line and positioning your business for growth.

At Archer Lewis, we understand how overwhelming major tax changes can be. That’s why we’re breaking down what business owners need to know about the OBBBA—so you can focus on what really matters: running and growing your business.