Stay Ahead of Tax Reform
The One Big Beautiful Bill Act (OBBBA) will reshape the tax landscape for middle-market businesses and individuals. Now that the Act has become law, CBIZ will continue to provide timely insights and practical strategies to help you understand its implications and how to respond.
With provisions impacting everything from bonus depreciation and research credits to estate exemptions and SALT deductions, the OBBBA includes a range of challenges and opportunities. Our team breaks it down by industry, specialty services, and strategic relevance, providing you the insights to take those crucial next steps.
ArticlePresident Trump Signs One Big Beautiful Bill Act Into Law
From business incentives to individual tax changes, the potential impact of the One Big Beautiful Bill Act is broad and continues to evolve.
ArticleThe One Big Beautiful Bill Act (OBBBA) FAQs
CBIZ breaks down the One Big Beautiful Bill Act in our frequently asked questions providing the insights to take next steps.
Insights that matter for navigating tax complexity.
Key Impacts
Bonus Depreciation Extension
100% bonus depreciation through 2030 for qualified assets.
R&E Deduction Flexibility
New options for amortizing or expensing domestic research costs.
SALT Cap Increase
Higher deduction limits with new restrictions on pass-through workarounds.
Estate & Gift Exemption
Permanently raises to $15 million per individual.
QBI Deduction Changes
Makes the 20% section 199A deduction permanent.
Business Interest Limitation
Reinstates the 163(j) business interest deduction calculation.
Excess Business Losses Limitation
Makes loss limitation permanent; changes EBL amount determinations.
Section 179 Expensing
Increases the maximum amount taxpayers can expense to $2.5 million with a higher $4 million phaseout threshold.
Breaking Down the One Big Beautiful Bill Act: Insights & Implications
Watch our in-depth webinar analyzing the Trump Administration’s One Big Beautiful Bill Act (OBBBA), a sweeping tax reform package that extends key provisions from the 2017 Tax Cuts and Jobs Act (TCJA), addresses the SALT deduction cap, and introduces new tax benefits affecting both individuals and businesses.
We’ll close with actionable next steps and tax planning strategies to help guide you through these changes.
Industry Impact: How the OBBBA Affects Your Sector
Explore what the bill means for your industry, from tax strategies to operational planning.
From expanded Qualified Opportunity Zone incentives to changes in the REIT subsidiary asset test, new tax provisions will require a strategic response.
- Sec. 899 Foreign Tax Rates
- Business Interest Deduction
- Qualified Business Income Deduction
- Excess Business Loss Limitation
- Disguised Sales Rules
- R&E expenditures
- Bonus depreciation
- SALT deduction and PTET
Capex incentives and R&D expensing changes may significantly affect cash flow and investment timing.
- R&E Expensing: A New Window for Manufacturers
- Bonus Depreciation and Facility Expansion
- Qualified Production Property
- Business Interest Limitation
- Excess Business Loss Limitation
- IRA Clean Energy Sunset
Nonprofit status, estate planning, and compensation structures are all in play.
- Charitable Deduction Limits: Planning Ahead
- New Estate Thresholds: What Healthcare Execs Need to Know
Changes to endowment taxation and charitable limits require a strategic response.
- Excise Tax Escalation: How Schools May Be Affected
- Rethinking Planned Giving in Light of H.R. 1
From Opportunity Zone shifts to interest deductibility rules, H.R. 1 could reshape investment structures.
- OZ Reform: What Developers Must Know
- The Reinstated 163(j) Rule and Project Financing
- Sec 199A QBI Deduction
- Excess Business Loss Limitation
- Section 179 Expense Depreciation
- Low-income Housing Credit
- SALT Cap
Related Insight: Opportunity Zone Program Extension Advances as Budget Bill Heads to the Senate
Impacts on R&E investment timing, GILTI/FDII deductions, and AMT treatment.
- Tech R&D and the New AMT Rules
- Cross-Border IP Strategy Post-H.R. 1