How to Leverage The One Big Beautiful Bill Act as a Tax Professional

Angie breaks down the One Big Beautiful Bill Act, and defines what it means to be "executive" in The Executive Touch

Author

Angie Toney
August 11, 2025

What’s Inside the “One Big Beautiful Bill” Act?

Signed into law July 2025 — Big changes are coming to the tax code.

We’re here to break them down so you can plan wisely.

Here’s a quick scan of the biggest changes:

✅ New Opportunities to Save

✔ Overtime & Tip Income Deduction (2025–2028)
Clients earning tips or working overtime can now deduct up to $12,500/year ($25K MFJ). Great for those in service, healthcare, logistics, and hourly sectors.

✔ Auto Loan Interest Deduction
A brand-new deduction: up to $10,000/year in interest on qualified car loans, with VIN and income eligibility requirements.

✔ Senior Standard Deduction Boost
An extra $6,000 deduction for taxpayers 65+, phased out starting at ~$75K AGI (single) or $150K (joint). A timely opportunity for your older clients.

✔ Expanded Child Tax Credit
Increased to $2,200 per child (from $2,000) and now tied to inflation. A straightforward win for families.

✔ “Trump Accounts” for Newborns
Children born in 2025 and beyond will automatically receive a $1,000 government-seeded savings account, tax-advantaged and investment-ready.

⚠️ Time-Sensitive Tax Moves

⚡️ State and Local Taxes Deduction Expanded (Temporary)
Cap increased to $40,000 for filers under $500K income—but this could revert after 2028. Now is the time to talk planning.

⚡️ Clean Energy Credits Are Ending
EV credits and solar/battery incentives expire late 2025. Urge action for clients planning energy investments.

👀 Key Non-Tax Impacts Your Clients May Ask About

  • Medicaid & SNAP Cuts: May affect clients on assistance programs—especially the elderly, disabled, or low-income.

  • IRS Enforcement Tech: Increased automation means more algorithmic audits—and more need for solid documentation and representation.

  • Healthcare Access: Changes to Medicare drug pricing and Planned Parenthood funding may trigger concern for clients who rely on those services.

🧠 How to Use This as a Tax Pro

This bill is an opportunity to:

  • Initiate proactive planning with clients before year-end

  • Host educational content (live, email, or social) to deepen trust

  • Package advisory services around deductions, timing, and eligibility

  • Position yourself as the expert who turns policy into savings

Love Letter To Tax Pros: You’re not just a preparer. You’re the architect of financial peace 💌

Dear Tax Pro,

I’m writing this to you—the uncelebrated hero behind every audit win, every strategic deduction, every client sigh of relief when they realize you’re in their corner.

Because of the One Big Beautiful Bill Act, your role just got more critical:

  • You’re the guide through new deductions.

  • You’re the strategist who knows what’s expiring—and when—to position clients with timing and authority.

  • You’re the embodiment of The Executive Touch: offering executive-level clarity, trust, and long-term outcomes.

Your clients aren’t just filling tax forms. They’re trusting you to steer them through policy, economy, and family decisions.

This is your opportunity:

  • To lead with executive-level service—not reactive scrambling, but proactive planning in every call, email, newsletter.

  • To stand apart as the advisor who doesn’t just prepare taxes but builds confidence.

  • To turn a changing code into clarity, strategy, and relief.

I see you pushing back IRS pressure. I hear you help clients sleep easier at night. I feel the weight you lift from shoulders that carry more than spreadsheets.

This season, lean into your power.

Be bold with your messaging:

“Did you know there’s a new deduction for auto loan interest? Let’s talk if you’re financing a vehicle before year-end.”

Start building campaigns:

“Important changes around tips and overtime income before 2028—are you earning—and deducting—what you should?”

Your clients need you now more than ever.

And you? You deserve to see your reputation rise, your fees reflect your value—and your calendar full of referrals and retainers.

That’s the Executive Standard.

Thank you for being who you are—a tax pro with strategy, heart, and impact.

With strategy and clarity,
– Angie Toney & The Executive Touch

What Does It Mean to Be “Executive” in The Executive Touch?

Let’s pause here and address a word that deserves more clarity: Executive.

When many people hear it, they immediately think “corporate title”—a C-suite position tied to someone else’s company, someone else’s rules, and often someone else’s ceiling.

But inside The Executive Touch, the word Executive is redefined with purpose.

Here, Executive doesn’t mean you're a VP at a Fortune 500.
It means you run your practice with the authority, structure, and clarity of someone who owns the room—because you own the business.

You're not waiting for someone to tell you what to do.
You're setting the strategy. You’re leading the meetings. You’re prioritizing long-term growth over seasonal hustle.

And unlike the traditional executive path, you’re doing it without locking yourself to a system that burns you out or boxes you in.

The pros who lead with strategy, stay educated, and embrace their voice as frontline interpreters of tax law.

That’s what we do inside The Executive Touch. And if you’ve been on the sidelines watching, now is the time to step in.

Because the clients who need you? They’re already Googling, already overwhelmed, and already assuming no one is calling them back.

Be the one who does.

If you want a room full of like-minded tax professionals that behave like executives and refuse to settle for burnout, you already know where to find us.

We’re right here - every week, for every case, and every step of the way.

Disclaimer

The content shared in this newsletter, including any strategies, tax scenarios, or business insights, is intended purely for educational and informational purposes and should not be taken as personalized professional advice. Examples discussed are illustrative in nature and not guarantees of any specific tax outcome or business result. Your results may differ based on your unique circumstances, efforts, and changing external factors.

Remember, tax and business decisions are highly individual and influenced by many factors such as evolving regulations, personal expertise, and market conditions. We encourage you to seek advice from qualified tax and financial professionals before making significant decisions that could impact your business or finances.