Understanding the OBBBA and What It Means for Businesses The One Big Beautiful Bill Act (OBBBA) represents one of the most significant overhauls of U.S. tax policy in recent years. Passed in July 2025, the law makes permanent many of the lower tax rates from the Tax Cuts and Jobs Act (TCJA). More importantly, it introduces several business-focused tax changes that affect how U.S. companies invest, finance, and innovate. For business owners and technology companies, these upda