Big Beautiful Bill – 2025

Yes, the One Big Beautiful Bill is designed to benefit business owners by making several tax cuts and provisions permanent that were previously set to expire. These changes are intended to provide businesses with more certainty and flexibility, encourage investment, and ultimately boost the economy.

Here’s how the One Big Beautiful Bill benefits business owners:

• Permanent Tax Cuts:The bill makes permanent the 2017 Tax Cuts and Jobs Act, including the small business deduction (Section 199A) and the Section 179 expensing cap.
• Increased Small Business Deduction:The bill increases the small business deduction from 20% to 23%.
• Increased Section 179 Expensing:It increases the Section 179 expensing cap from $1.25 million to $2.5 million, allowing businesses to fully expense more equipment purchases in the first year.
• Bonus Depreciation:The bill makes the 100% bonus depreciation deduction permanent.
• Qualified Small Business Stock (QSBS) Changes:It increases the gain exclusion for QSBS from 50% to 75% for newly issued stock, potentially benefiting founders and early-stage investors.
• Permanent Deduction for Qualified Production Property:It makes the deduction for qualified production property permanent, which includes some commercial real estate. These provisions are designed to help businesses of all sizes, but particularly small and growing businesses, by providing tax relief, encouraging investment, and promoting economic growth.

This is the time for small and medium sized businesses to expand, increase production and grow by adding new equipment and updating older machines for added productivity.