Turning Market Challenges into Tax-Smart Opportunities in 2025—Now with New Rules Under the One Big Beautiful Bill Act

As key provisions from prior tax law were reshaped by the One Big Beautiful Bill Act of 2025 (H.R. 1)—signed into law on July 4, 2025—high-net-worth investors face a pivotal moment to rethink multi-year tax strategy. New deductions and phase-outs, revised reporting thresholds, adjustments to SALT, and important QSBS enhancements mean proactive planning can materially impact after-tax returns going forward. (Congress.gov)

In this evolving landscape, wealth managers and tax advisors are emphasizing coordinated, multi-year plans that reduce tax drag while advancing long-term goals. For HNW families, the combination of persistent market volatility and significant statutory changes makes tax efficiency an essential part of portfolio construction in 2025–2026. (ADP)

Upcoming PFS Wealth Management Group Event
PFS Wealth Management Group will host an in-depth session to help investors understand how the new law interacts with portfolio design, income strategy, and legacy planning. Attendees will leave with practical ways to reduce tax drag, optimize asset location, and integrate tax planning with investment decisions in light of the latest guidance. (IRS)

What We’ll Cover (Post-OBBB Focus)

• Roth conversion tactics under new rate/deduction dynamics: Coordinating conversions with bracket management and charitable bunching; aligning with the Act’s phased and temporary provisions. (IRS)
• QSBS opportunities: Material expansion of Qualified Small Business Stock benefits for stock acquired after July 4, 2025—how founders/investors can structure for potential exclusion uplifts. (Hunton Andrews Kurth)
• SALT cap changes: Planning around the temporary SALT cap increase windows (and phase-outs) to avoid surprises in high-tax states. (Wikipedia)
• Reporting thresholds & cash-flow planning: New 1099-NEC/MISC and 1099-K thresholds and timing considerations for business owners, consultants, and family offices. (Wikipedia)
• International remittance excise (starting 2026): What HNW families with cross-border transfers should know about the 1% remittance tax proposals enacted, exemptions still being clarified, and entity-level workarounds. (Holland & Knight)
• Senior deduction coordination: For clients 65+, an added deduction (income-tested) through 2028—and how to model it alongside RMDs, Social Security timing, and muni income. (IRS)
• Core portfolio levers:
  Auditing and reducing tax drag (harvesting discipline, holding period management, futures overlays).
  • Asset location: placing tax-inefficient assets in tax-advantaged accounts; pairing direct indexing with charitable gifting to recycle basis.
  • SMAs, direct indexing, and QOZs for targeted exposure and loss/basis engineering. (ADP)

“I’m excited to lead this discussion because every potential percentage point saved in taxes lets your returns work harder,” said Vincent Virga, Founder & CEO, PFS Wealth Management Group. “With the 2025 tax landscape shifting under the One Big Beautiful Bill, preparing now can create advantages that compound for years—not just this year.” (IRS)

About Vincent Virga

Vincent A. Virga is the Founder and CEO of PFS Wealth Management Group, a Naples-based firm serving families, small businesses, and non-profit organizations. He is the author of The S.M.A.R.T. Approach and the forthcoming Stocks and Bonds: Not Just About the Stock Market. With more than three decades of experience, he helps clients integrate tax-efficient investing, retirement planning, and legacy strategies through a holistic “Family Business Office” model. Vincent is also an active speaker and community leader, committed to aligning wealth with purpose and impact.

Learn more: www.pfswealthgroup.com

• https://www.congress.gov/bill/119th-congress/house-bill/1?utm_source=chatgpt.com
• https://www.adp.com/spark/articles/2025/09/early-guidance-issued-under-hr-1-the-one-big-beautiful-bill-act.aspx?utm_source=chatgpt.com
• https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions?utm_source=chatgpt.com
• https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions?utm_source=chatgpt.com
• https://www.hunton.com/insights/legal/qsbs-benefits-expanded-by-one-big-beautiful-bill?utm_source=chatgpt.com
• https://en.wikipedia.org/wiki/One_Big_Beautiful_Bill_Act?utm_source=chatgpt.com
• https://www.hklaw.com/en/insights/publications/2025/07/a-look-at-the-international-tax-changes-in-the-obbb-act?utm_source=chatgpt.com
• https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors?utm_source=chatgpt.com
• https://www.adp.com/spark/articles/2025/09/early-guidance-issued-under-hr-1-the-one-big-beautiful-bill-act.aspx?utm_source=chatgpt.com
• https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions?utm_source=chatgpt.com

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