Reviewing The One Big Beautiful Bill Act - 2025-2026 Tax Law Changes
Date: Wednesday, September 24, 2025
Time: 7:15am - 8:15am
Location: Hilton Garden Inn Idaho Falls - 700 Lindsay Blvd, Idaho Falls, ID 83402
Speaker: Orrin Cellan of Onyx Financial & Daniel Norton of Cooper Norman
Our own Orrin Celllan (Onyx Financial Advisors) and Daniel Norton (Cooper Norman) will review the key provisions and planning opportunities due to the passing of the One Big Beautiful Bill Act on 7/4/2025.
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Permanently extends 2017 Tax Cuts and Jobs Act benefits—lower individual tax rates, high standard deduction, and increased estate/gift tax exemptions
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Raises the State and Local Tax (SALT) deduction cap to $40,000 for taxpayers earning under $500K, reverting to $10K after five years
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New deductions: tip income, overtime pay, auto loan interest for U.S.-made cars, “Trump Accounts” (tax‑deferred savings for newborns until 2028)
