Thanks to the One Big Beautiful Bill Act (OB3 Act), taxpayers with incomes near the $500,000 to $600,000 range have important tax planning considerations starting in tax year 2025 due to several new or changed provisions.
I’ll review the provisions first, then use a projected 2026 example to demonstrate how they work together to change a taxpayer’s federal income tax liability significantly.
Read More: https://www.tomtalkstaxes.com/p/ob3-act-planning-for-the-salt-spot (August 15, 2025)