If you’re an individual living in Florida, 2025 brought one of the biggest changes to the U.S. tax code in years. The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, rewrote deduction rules, expanded certain benefits, and rolled back others. Understanding how these changes affect your financial picture (especially given Florida’s unique tax environment) isn’t optional- it’s essential. In this post, we’ll walk through the key provisions that matter most to affluent Florida residents- from SALT deductions to business planning and estate strategy and how you can proactively adjust before next tax season.
