On July 4, 2025, President Trump signed into law, H.R. 1, referred to as the One Big Beautiful Bill Act (OBBBA or simply “the Act”), a sweeping overhaul of the US tax code. While OBBBA affects all US taxpayers, it is important for companies and their mobile employees to consider key areas of impact.
This article summarizes key provisions of OBBBA that impact individual taxpayers, with special emphasis on what it means for mobile employees and their employers. From updated tax brackets and deduction changes to newly introduced savings plans and remittance taxes, understanding the implications of this new law is essential for employers looking to manage cost, risk, and employee satisfaction.
