OBBBA expert insights for business owners: This on-demand replay brings together four seasoned experts to break down what the One Big Beautiful Bill Act (OBBBA) means in real life for closely held businesses, high-income entrepreneurs, and families building multi-generation wealth. In just one session you’ll see how tax planning, insurance, exit strategy, and estate planning […]
2025 Section 199A deduction strategies matter more than ever for business owners this year. The Section 199A qualified business income (QBI) deduction is still one of the most powerful tax breaks available to owners of pass-through businesses. Thanks to the One Big Beautiful Bill Act (OBBBA), the 20% QBI deduction is now permanent instead of […]
OBBBA business interest deduction rules are getting easier starting in 2025. The One Big Beautiful Bill Act (OBBBA) permanently installs more favorable rules for determining how much business interest expense can be deducted, making it simpler for businesses to plan ahead and increase allowable interest expense deductions. The Basics: How Business Interest Deduction Limits Work […]
IRS list for OBBBA tips deduction—from 2025 through 2028, workers in occupations that customarily and regularly received tips on or before December 31, 2024 may deduct up to $25,000 of qualified tips from taxable income under the One Big Beautiful Bill Act (OBBBA). What are “qualified tips” under OBBBA? Qualified tips are voluntary cash or […]
OBBBA no tax on tips is one of the most talked-about changes in the new tax law. It’s a temporary deduction from 2025 to 2028 that allows qualifying workers to exclude up to $25,000 of tip income from federal income tax. Here’s who qualifies, what counts as a tip, and how to claim it correctly. […]
The OBBBA gambling loss deduction change is one of the sneakiest IRS moves yet. Buried in the One Big Beautiful Bill Act (OBBBA), it creates serious headaches for gamblers across the country. Starting in 2026, both casual and professional gamblers will be limited to deducting only 90% of their gambling losses. That leftover 10%? Gone. […]
OBBBA bonus depreciation is one of the most powerful tax breaks business owners overlook. Do you own or lease a commercial property for your business? Whether it’s an office, warehouse, retail space, or clinic — this might be the most overlooked deduction in your entire tax strategy. How Cost Segregation Unlocks 30% of Your Building […]
Charitable giving has always been good for business, but under the new OBBBA charitable giving tax strategy, it’s now a powerful way to cut your tax bill. The law requires businesses to give at least 1% of taxable income before deductions start to count—but once you cross that threshold, every extra dollar you give unlocks […]
Immediate R&D expensing for small businesses is finally here. Let’s make sure you get what’s yours. 💥 If your business has ever spent money developing software, testing products, or doing anything remotely close to research and development here in the U.S., this is for you. What Changed: Immediate R&D Expensing for Small Businesses The IRS […]