Stay Ahead of Tax Reform
The “One Big Beautiful Bill Act” (H.R. 1) could reshape the tax landscape for middle-market businesses and individuals. As the bill advances, CBIZ will continue to provide timely insights and practical strategies to help you understand what it means and how to respond.
Sweeping tax reform is underway. With provisions impacting everything from bonus depreciation and research credits to estate exemptions and SALT deductions, H.R. 1 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.
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 raised to $15 million per individual.
QBI Deduction Changes
Boosted to 23% with expanded eligibility.
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
Join CBIZ for an in-depth webinar analyzing the Trump Administration’s “One Big Beautiful Bill” Act, 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.
Industry Impact: How the BBB Affects Your Sector
Explore what the bill means for your industry, from tax strategies to operational planning.
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
ArticleHouse Approves the “One Big Beautiful Act”: Reconciliation Bill Now Moves to the Senate
Stay up-to-date with the latest on the Big, Beautiful Bill, legislation affecting policies such as taxation, healthcare, and education.
