On July 4, the One Big Beautiful Bill was signed into law, reshaping the tax landscape for individuals and businesses alike. From extensions of the 2017 Tax Cuts and Jobs Act to brand-new deductions for seniors, this sweeping legislation introduces both immediate and long-term changes that may affect your finances.

Join us for a clear breakdown of the bill’s most impactful provisions, including:

• Extensions of current tax rates and what that means for your bracket

• Updates to the standard deduction and SALT (state and local tax) deduction

• The brand-new “bonus” deduction for older Americans—and who qualifies

We’ll also discuss which rules are permanent, which are set to expire, and how to prepare for the changes rolling out in 2025 and beyond.