The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025.  Among its many provisions, OBBBA permanently extends many of the individual tax-rate and standard deduction changes from the Tax Cuts and Jobs Act (TCJA) of 2017 that were set to expire at the end of 2025. It also introduces new deductions, such as no tax on tips, overtime, and social security, and alters thresholds (for example, the standard deduction and the state and local tax ("SALT") deduction cap). 

From a simplification or burden-reduction standpoint, the OBBBA represents a mixed picture. On the one hand, making many TCJA items permanent provides greater certainty and may reduce churn and complexity from repeated expiration/renewal cycles. On the other hand, the addition of new special-purpose provisions and temporary features increases the body of tax law that both taxpayers and practitioners must navigate. 

We will work with you and review how you can benefit from the OBBBA. 

The tax preparation services we offer include:

• Individual income tax preparation (Form 1040) *limited availability.

  • The U.S. tax system can feel overwhelming. We provide expert tax preparation services for U.S. residents nationwide, making the process more straightforward, more transparent, and stress-free.

    Through customized strategies, we help you claim deductions, use tax credits, and reduce your overall tax exposure—while maintaining full compliance wherever you reside.

• Trust and estate income tax preparation (Form 1041).

  • We guide you through complex tax laws with precision, designing strategies that minimize taxes, optimize outcomes, and preserve your family's wealth. Our careful oversight ensures compliance and peace of mind, allowing you to focus on what matters most while protecting your legacy.

• Charitable trusts and foundations (Form 990 series)
• Gift tax return preparation (Form 709)

  • We guide individuals and families through the gifting process with expertise and care. By addressing exclusions, deductions, and tax-efficient strategies, we help ensure your gifts support your financial objectives while remaining within legal guidelines. You can rely on us to prepare your gift tax returns accurately, giving you peace of mind as you create meaningful legacies.

• Tax planning
   

Ready to start?

• Call or text (708-424-4100), email, or schedule a phone call to discuss the complexity of your tax situation and provide an estimate of the cost for the preparation of your return.
• If we agree to work together, you will receive our engagement letter and tax organizer or document checklist for you to complete.
• The tax organizer (1040s only) guides you through the information needed to start your tax return preparation and provides a list of documents (W-2s, 1099s, etc.) needed for your return.
• The document checklist (1041s only) guides you through the information required for Form 1041.
• You can upload your information securely through our portal using the guest exchange or a provided unique login.

If you require entity business return preparation, I do not accept business returns (corporations or partnerships). I have a trusted CPA I can refer you to. Call me to discuss.