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What is the estimated timeline for implementation of the OBBB tax changes?

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(@turk182)
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It looks like it's going to pass. What is the estimated timeframe for PRC to provide an update in these situations? Is it weeks or months?



   
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(@pizzaman)
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Key individual tax changes from Trump's 'big beautiful' bill

Current law vs. final legislation (This table has one error, the ' Bonus' for older adults is $6,000, not $7,600.)

The table shows changes to current tax policy per Congress's 2025 proposed tax and spending measure.


   
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(@pizzaman)
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(@cstone)
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Joined: 4 years ago
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For Pralana Online, I expect most of the more significant changes to be made in July, perhaps in multiple releases. I have created a Community discussion topic for this that will apply to both PRC Gold and Pralana Online https://pralanaretirementcalculator.com/community/main-forum/2025-federal-tax-law-changes/ and will also add an announcement on the site.


This post was modified 3 months ago by Charlie Stone

   
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(@pizzaman)
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Wisconsin passed it's new 2 year budget July 3rd which includes changes in tax rates and retirement income tax breaks that will also need to be updated in PRC:

https://taxfoundation.org/blog/wisconsin-budget-retirement-income-tax-relief/



   
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