The One Big Beautiful Bill Act (OBBBA) makes significant changes to federal tax rules affecting state and local taxes (SALT). With changes introduced to the “Big Three” business tax provisions, a modest increase to the SALT deduction limitation, and the phasedown of clean energy credits, individuals and businesses must rethink their planning strategies. At the same time, federal funding remains unpredictable, and an increasing share of financial responsibility is shifting to the state level. As a result, states may need to plan for significant legislative changes in the coming year.
Watch our recorded webinar where RSM’s Washington National Tax team covers:
- What the federal changes mean for state tax planning
- How states are likely to respond and when
- Strategies to manage compliance across multiple states
Most 2025 state legislative sessions have concluded; early planning now ensures you're prepared for formal responses expected in 2026.
