The One Big Beautiful Bill introduces sweeping updates to individual taxation. In Part I of this series, Melissa Wiley, partner at Kostelanetz LLP, unpacks key changes including extended TCJA rate cuts, a larger standard deduction, expanded Child Tax Credit, and AMT adjustments. She breaks down new deductions for tip income, overtime, and auto loan interest, while clarifying limits on mortgage interest, casualty losses, gambling offsets, and charitable giving. This session equips practitioners with the essentials to navigate OBB’s impact on personal tax compliance and planning.