A few weeks have passed since the Big Beautiful Bill Act (acronyms OBBBA; OBBB; BBB; OB3) narrowly cleared the House and was signed into law. With sweeping provisions, extended deductions, and new tax benefits, this legislation has left many tax professionals racing to understand how it will shape their work and impact their clients. 

Last week, NAEA hosted one of its highest-attended webinars to date, offering a deep dive into OB3. And now, in a special edition of The Enrolled Agent Advocate Podcast, NAEA Executive Vice President Megan Killian, is joined by Van Scoyoc Associates VP Thad Inge for an overview of what’s in the bill and what it all means for taxpayers.  

The path to passage was far from straightforward. With last-minute uncertainty over whether it would clear the House on July 4th, OB3 overcame political gridlock to extend and cement several provisions that were previously set to expire. Among them: marginal tax rates, the standard deduction, the mortgage interest deduction, and the child tax credit—all now made permanent. Perhaps the most contentious was the revised SALT cap, which drew sharp lines between high- and low-tax states. 

In addition to extensions, OB3 introduces four brand-new deductions aimed at working-class relief: tips, overtime, senior income, and auto loan interest. 

This episode provides a valuable overview for tax professionals, with practical takeaways and a policy-forward lens. Whether you’re driving to a client meeting, cooking dinner, or on a walk, don’t miss this important conversation.  

For a more in-depth overview, you can purchase the on-demand course “One Big Beautiful Bill” Update with AJ Reynolds. And mark your calendar for our Mid-Year Update with Parag Patel, Esq., on August 15. 

NAEA is committed to helping EAs stay ahead of change. As the tax landscape continues to evolve, we’ll keep delivering timely webinar updates, easy-to-digest podcast episodes, and on-demand resources to help you stay informed and keep your momentum going.