Jonathan Dane, Founder & CIO of Defiant Capital Group, was quoted in Barron’s this week in a one-year retrospective on how the One Big Beautiful Bill Act (OBBBA) has changed financial planning.
The Barron’s article surveys advisors nationwide on how the sweeping 2025 tax law has affected the planning process now that it’s been in effect for a year. The takeaway, regardless of where advisors land on the policy itself: the permanence built into several provision (the top marginal rate, the qualified business income deduction, the higher estate-tax exemption) has made it easier to build multi-year strategies instead of planning around expiration dates.
According to Jonathan, one of the biggest shifts for his clients has been around charitable giving. The law’s new floor on deducting charitable contributions, 0.5% of adjusted gross income, has pushed clients to be more deliberate about when and how they give. Many are now bundling several years of donations into a donor-advised fund in a single tax year, and clients 70½ and older are leaning more heavily on qualified charitable distributions from their IRAs to lower their taxable income.
For a closer look at how we help clients navigate tax law changes like these, see our estate and tax planning approach.
Read the full Barron’s article here: One Year In, How the One Big Beautiful Bill Act Has Made Financial Planning Easier
