The One Big Beautiful Bill Act (OBBBA) revived and expanded one of the most powerful business tax incentives of the past decade: 100% bonus depreciation. While bonus depreciation had been phasing down under prior law,…

For years, the tax code trend was to reduce the amount of interest that may be deducted on your tax return. Until recently, it really only allowed interest deductions as an itemized deduction on qualified…

New Rules, New Deductions, and What to Review Now As 2025 winds down, taxpayers face one of the most important year-end planning seasons in recent memory. With significant changes from the One Big Beautiful Bill…

When Congress passes a sweeping tax reform, such as this year’s One Big Beautiful Bill Act of 2025 (OBBBA), most business owners immediately think about how it will affect their tax return. But smart leaders…

As you plan for upcoming tax years, keep in mind that major changes to charitable contribution and itemized deduction rules will start in 2026. The One Big Beautiful Bill Act (OBBBA) introduced new rules for…

The recently enacted One Big Beautiful Bill Act of 2025 (OBBBA) brings welcome news for small business owners by easing compliance requirements and expanding valuable tax-saving opportunities. From streamlined 1099 reporting to enhancements in the…

Are tips and overtime really tax-free under the new tax law? 2025 OBBBA rules explained The One Big Beautiful Bill Act of 2025 (OBBBA) has introduced two major payroll provisions that are making headlines: No…

How does the expanded SALT deduction affect pass-through businesses? The One Big Beautiful Bill Act of 2025 (OBBBA) has created an important tax planning opportunity for small business owners: the federal cap on state and…