I’m an Accountant: 6 ‘Big Beautiful Bill’ Tax Changes That Will Benefit the Middle Class

The “One Big Beautiful Bill Act” (OBBBA) may live up to its name for many middle-class taxpayers. The tax package introduces fresh deductions and credits designed to help working households, families and small-business owners keep more of their incomes. According to Mark Luscombe, JD, CPA and principal analyst at Wolters Kluwer in the division of tax and accounting, here’s what middle-class taxpayers need to know. 1. Key Middle-Class Tax Breaks The OBBBA includes several provisions aimed at helping mid ...