The One Big Beautiful Bill is now the One Big Beautiful Act (Signed into law on July 4, 2025)! This program provides a summary of the major business provisions of the OBBA of 2025 (H.R. 1), focusing on provisions that have been extended and/or made permanent without changes and those provisions which had major changes or are new for 2025 and beyond.
Learning Objectives
After attending this presentation, you will be able to...
- Identify business provisions of the OBBA of 2025.
- Identify key compliance issues.
- Analyze tax planning implications of OBBA of 2025.
Major Topics
The major topics that will be covered in this course include:
- New law provisions applicable to businesses, including bonus depreciation of nonresidential real estate.
- An overview of provisions of existing law extended or made permanent without substantial change, including qualified opportunity zones.
- Provisions of existing law extended or made permanent with substantial change, including bonus depreciation, Sec. 179 immediate expense deduction, deduction of research and experimentation expenses, and cash method of accounting.
- Repealed existing law, including the commercial clean vehicle credit and electric car charger credit.
