Federal tax law continues to evolve, and the One Big Beautiful Bill Act (OBBBA) represents one of the most comprehensive updates since the Tax Cuts and Jobs Act of 2017. For individuals and business owners working with a Maryland CPA or seeking Maryland tax planning, understanding these changes early is essential.

While the legislation spans multiple policy areas, its tax provisions are especially relevant for individuals, investors, and companies preparing for the 2025 tax year.

Because many of these changes begin affecting 2025 returns filed in 2026, now is the right time to understand what’s changing and why proactive planning with a Maryland CPA firm matters.

Key Tax Themes Under OBBBA

Rather than focusing on a single deduction or credit, OBBBA introduces a collection of updates that work together to reshape tax planning strategies for both individuals and businesses across the D.C. Metro area.

1. Extended Individual Tax Rates and Adjustments

Several individual tax rate structures that were previously scheduled to change have been extended or modified. These updates may help provide rate stability, but they also require careful review of withholding, estimated payments, and income timing.

2. New and Expanded Deductions

OBBBA includes new deductions and modifications to existing ones, many of which are subject to income thresholds and eligibility rules. Understanding how these provisions interact with your broader financial picture is critical to maximizing their benefit, especially for small business owners working with a CPA for small business in Maryland.

3. Increased Importance of Personalized Planning

Not every taxpayer benefits equally from these changes. Filing status, income level, business structure, and geographic location all play a role in how OBBBA provisions apply. This makes proactive, individualized planning more important than ever.

Why Early Planning Matters

Although some elements of OBBBA are already clear, others will continue to be shaped by ongoing IRS and Treasury guidance. Waiting until filing season to react can lead to missed opportunities or unexpected tax outcomes.

Proactive planning with a Maryland CPA firm allows taxpayers to:

• Anticipate changes before year-end
• Adjust income and deduction strategies
• Improve cash flow management
• Reduce filing-season stress

How PSA CPA Can Help

At PSA CPA, we closely monitor legislative developments and IRS guidance as it evolves. Our team translates complex tax law into practical, actionable strategies tailored to each client’s situation. Whether you’re an individual taxpayer or a business owner in the D.C. Metro area, we help you plan confidently, not reactively.

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PSA CPA is currently accepting new individual and business clients for the 2026 tax season.