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Home»Taxes
Taxes

How To Prepare For One Big Beautiful Bill

News RoomBy News RoomJune 11, 2025No Comments2 Mins Read
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Dive Into Proposed Tax Changes & Their Business Impacts

The One Big Beautiful Bill Act proposes tax and policy changes that could significantly impact how people and businesses plan, invest and grow. But as with any major legislation, the path forward is shaped as much by politics as by policy. Join us June 18th at 12pm EST as we unpack the current status of the bill, the key provisions that matter to business owners and advisors, including no taxes on tip and overtime, state and local tax (SALT) caps, and the potentially fragile 199A (passthrough) deduction—as well as the dynamics that could determine its fate. Whether you’re following the politics or the policy, here’s what you need to know.

Attend to:

  • Get the scoop on what’s in the bill and how it could change taxes and policy—and for how long
  • Understand the politics—who’s pushing, who’s pushing back, and who is likely to be successful
  • Pick up tips on what to look for as the bill moves through Congress, whether you’re running a business or advising one
  • Stay informed with the latest updates

Speakers

Janet Novack is the Washington D.C. bureau chief and an assistant managing editor of Forbes. For the last decade, she has been primarily an editor, adding her touch to both magazine and web stories about taxes, investing, the fintech industry, education, energy, personal finance, retirement and more. Before joining Forbes, she spent nine years as a newspaper reporter, covering economics, business and government.

Kelly Phillips Erb focuses on tax law including tax planning and tax controversy matters. Kelly earned her J.D. and LL.M. in Taxation from Temple University School of Law in Philadelphia, PA. While at law school, she interned in the federal estate and gift tax attorney division of the IRS, and participated in the review and audit of federal estate tax returns. She started writing using the moniker Taxgirl years ago and love making complicated information accessible to taxpayers and tax professionals. She’s received numerous awards including Philadelphia Business Journal “40 under 40” and was named one of the Global Tax 50 by the International Tax Review.

Read the full article here

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