The One Big Beautiful Bill Act Webinar by Basepoint Wealth

Thank you for joining us on our webinar as we help break down the complex One Big Beautiful Bill Act and how it may potentially impact you. We welcome you to engage with our Basepoint Wealth advisors and tax professionals to explore strategies and advice that will be tailored to your specific needs.

Enjoy the OBBBA Webinar

Here are some OBBBA key takeaways covered in our webinar:

• Tax Cuts and Jobs Act extended – Current tax brackets, standard deduction, and Qualified Business Income (QBI) deduction are made permanent, avoiding an expiration cliff.

• New deductions for individuals – Tip income (up to $25k), overtime pay (up to $12.5k), and a new $6k “senior deduction” per taxpayer over 65.

• SALT cap expansion – Deduction for state & local taxes rises from $10,000 to $40,000 for qualifying households.

• Charitable giving & student loan relief – Enhanced charitable deductions begin in 2026, while student loan interest deduction doubles to $5,000 ($10,000 joint) with employer repayment support.

• Estate tax certainty – Exemptions permanently increased to $15M per person ($30M married), easing estate planning for families and business owners.

• Business incentives – 100% bonus depreciation restored, Section 179 limit doubled, R&D expenses immediately deductible again, and expanded dependent care benefits.

• Energy credits & deadlines – Residential solar and EV tax credits phase out by end of 2025; act quickly to capture remaining benefits.

• New taxes & limits – 1% foreign transfer tax begins in 2026; AMT thresholds reintroduced for million-dollar+ earners.

• Government & regulatory reforms – Bill includes non-tax items like border security funding, defense spending, Medicaid cuts, SNAP work requirements, and the REINS Act to curb regulatory expansion.

• Planning is critical – Many provisions phase in/out between 2025–2029, requiring proactive tax, retirement, and charitable planning with advisors.

About Basepoint Wealth: As a fee-only fiduciary firm with offices in Cedar Rapids, Dubuque, and Davenport, Iowa, we are committed to delivering transparent, client-first advice. Our experienced team provides personalized financial planning and investment strategies designed to align your wealth with your life’s purpose—because from here, you can go anywhere.

Basepoint Wealth, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.