How the One Big Beautiful Bill Could Impact Your Finances: A Guide for New York
In July 2025, a major new law called the One Big Beautiful Bill was passed at the federal level. This law includes a wide range of changes to taxes, savings plans, and government programs. Whether you’re raising a family, running a business, or enjoying retirement, it’s important to know how the One Big Beautiful Bill might affect your finances, especially if you live in New York. 1. Bigger Tax Breaks for Families One of the biggest parts of the new law is a higher Child Tax Credit. Starting in 2026, families can get up to $2,200 per child. This...
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