On July 4, 2025, H.R.1, or what is being called the One Big Beautiful Bill Act (“OBBBA”), was signed into law, introducing major reforms in tax and employee benefits that affect businesses and their employees. OBBBA is an expansive, omnibus legislative package that combines numerous, major policy proposals across a broad range of subject areas. The overarching purpose is ostensibly to cut spending by repealing or rolling back a significant number of wide-ranging provisions. OBBBA enacts new conservative policy priorities in taxation, spending, immigration, and social policy, and substantially modifies federal spending and certain entitlement programs.Continue Reading What Employers Should Know About the One Big Beautiful Bill Act (OBBBA)


