Resources for One Big Beautiful Bill

On Friday, July 4, the One Big Beautiful Bill Act was signed into law. As with most new legislation that impacts tax rules, some adjustments will be needed in eMoney. This work is at the top of our priority list, and we plan to release changes incrementally beginning in August. 

To support you in responding to any client questions about this news, we have provided the following resources. 

Internal Resources 

• Summary: A list of adjustments needed. (Internal use only.) 
• Details: In-depth overview of what items could potentially impact eMoney and next steps on implementation. (Internal use only.) 
• Feature Release Summary Page: This page will be updated with dates once the timing is confirmed. 

Client Communications 

• Blog Post: This blog post can serve as a central source of truth for clients. It will be updated as changes are made. It will also be linked in the communications below. 
  
• Additional Communications: 
  • Best Practices Newsletter on 7/22 
  • Product Update Email (July Marketing Release) on 7/29 
  • Home Office Newsletter 7/22 
  • Enterprise Advisor Newsletter 7/31 
  • The blog post will be linked to our in-app Help Menu. 

Aug. 22 Update

• While there is not a specific release date for the next and final batch of changes, we anticipate release to be early September (this could change but is the best we know right now). Changes releasing would be those listed on the blog under “Targeting Release in Early September”. Previously this section said “Coming Soon” which provided less precise timing. 
• 3 business days prior to release, additional communications will be shared with the specific release date and the blog will be updated to reflect this specific date once confirmed (at least 3 business days in advance of release).
• Additional Client Communications:
  • Home Offices
    • Targeted CSM outreach (a general heads up to be sent next week, followed by a more specific one when the date has been established)
    • Home Office Newsletter on 8/26
  • Enterprise Advisors
    • Enterprise Advisor Newsletter on 8/28
  • Standard Advisors
    • Product Update on 8/26
• Please note: There is a change eMoney previously communicated we would make: the $400 minimum QBI deduction. After closer look, we will not be making this change because (1) it’s a very narrow use case and (2) minimal planning impact: the actual dollar impact is so small, meaning there won’t be any meaningful change to plan accuracy/long term calculations. This bullet point has been removed from the blog.

Talking Points 

If users have general questions about updates required by the bill: 

• Updates will be released in phases, so we can bring changes to market as quickly as possible. We’re prioritizing the most critical updates first. The most up-to-date list can be found in our blog post. 

If asked about release timing: 

• We don’t have confirmed dates to share just yet, but updates are in progress. The blog post will reflect the latest timing and availability. 

If asked how we are prioritizing changes: 

• A few provisions from the OBBB Act of 2025 have been deferred. This decision reflects our focus on delivering the highest-impact updates first, especially those with clear guidance and broad applicability. 
• Deferred Items Include:
  • Educator Expense Deduction (Section 70110) 
  • Capital Gains Bracket Adjustments (Section 4.1) 
  • Trump Accounts for Minors (Section 530A) 

If asked about deferred items or other provisions not yet supported: 

We’re prioritizing the most impactful and clearly defined updates first. For the latest on what’s been released and what’s coming next, please refer to our this blog post. We don’t have additional information to share on provisions that are not listed there. 

Questions 

• Please contact Josh Belfiore, Manager, Group Product Management.