Self-Study: From Policy to Planning: How OBBB Reshapes the Tax Landscape

Overview

Kasey Pittman of Cherry Bekaert and Mark Gallegos of Porte Brown LLC examine the One Big Beautiful Bill Act (OBBB), outlining the policy context behind its passage and the tax provisions with the greatest practical impact. They discuss key business, individual, and estate tax changes, highlighting planning opportunities, risks, and areas of uncertainty. The session emphasizes holistic tax planning, state conformity considerations, and advisor judgment under the new law.

Highlights

Prerequisites

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Objectives

• Identify the key policy and procedural drivers behind the One Big Beautiful Bill Act.
• Recognize major business and individual tax changes introduced by OBBB.
• Distinguish between federal and state tax impacts and related planning considerations.
• Select effective tax planning strategies in response to OBBB's provisions and uncertainties.

Preparation

None.