President Donald Trump and the Republican-controlled Congress managed to push the so-called "One Big Beautiful Bill" past the finish line earlier this month, doing so by the administration’s self-imposed July 4 deadline.
The tax and spending legislation contains major changes for all manner of financial planning clients, from the ultra-wealthy to small business owners to mass affluent investors. Retirees are also going to be affected by the law, which included an enhanced $6,000 deduction for many taxpayers over the age of 65.
To help finance professionals get up to speed, ThinkAdvisor is hosting a webcast on Wed., July 23, at 2 p.m. ET. The presentation will feature Professors William H. Byrnes and Robert Bloink, two of the educators and experts behind Tax Facts.
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John Manganaro
John Manganaro is a senior reporter for ThinkAdvisor. His coverage focuses on all things retirement, with a special emphasis on the perspective of financial planning professionals and family wealth managers. Before joining ThinkAdvisor in 2022, John was a reporter and editor at PLANADVISER Magazine, and earlier in his career his coverage of the Pennsylvania Legislature regularly appeared in premier metropolitan newspapers including the Philadelphia Inquirer and the Pittsburgh Post-Gazette. He can be reached via at [email protected], on X at @manganaro_news, and on LinkedIn at https://www.linkedin.com/in/manganaronews/.
