Financial Perspectives: The Podcast | Foster Group

OBBBA Explained: What the 2025 Tax Bill Might Mean for You


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The One Big Beautiful Bill Act (OBBBA), signed July 4, 2025, updated tax law: rates extended, new $6K senior deduction, higher SALT cap with limits, charitable deduction floor, and a $15M estate exemption. This month, Marcus Iwig joins Kent Kramer to explain what these updates mean — and why most taxpayers may see only modest impact.

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Financial Perspectives: The Podcast | Foster GroupBy Foster Group