Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube By Jonathan Tucker and Paul McVoy | Principals - Research & Development Tax Credits| KBKG
The One Big Beautiful Bill (OBBB) makes several important changes to the international tax provisions originally enacted under the 2017 Tax Cuts and Jobs Act (TCJA). Many of these provisions were scheduled to expire or change significantly in 2026. The OBBB not only prevents those changes but also introduces new rules that will impact the […] The post The One Big Beautiful Bill Breakdown: International Tax Provisions appeared first on Warren Averett CPAs & Advisors.| Warren Averett CPAs & Advisors
The Tax Landscape Has Changed – Are You Ready to Capitalize? New tax laws effective […] The post Maximizing Your 2025 Real Estate Tax Benefits appeared first on HBK.| HBK
OBBA provides opportunities of up to $2.5M in additional deductions for dealerships. The most significant […] The post Maximizing Your Dealership’s Tax Benefits Under the One Big Beautiful Bill appeared first on HBK.| HBK
Are rising tax burdens and complex depreciation rules crushing your business cash flow? The One […] The post How the One Big Beautiful Bill Act Transforms Your Business Cash Flow and Valuation in 2025 appeared first on HBK.| HBK
Understanding how the latest federal tax legislation impacts your dealership’s profitability and planning. As a […] The post Major Tax Changes in the One Big Beautiful Bill: What Dealership Owners Need to Know appeared first on HBK.| HBK
The One Big Beautiful Bill Act (OBBBA) has been signed into law. The legislation includes […] The post The One Big Beautiful Bill Act: What Manufacturers Need to Know appeared first on HBK.| HBK
Discover how the OBBB creates unprecedented opportunities for construction companies through enhanced depreciation benefits, improved […]| HBK
The One Big Beautiful Bill (OBBB) has updated several tax rules for compensation and benefits, adding new deductions and expanding credits for employers. The Previous Tax Law Overtime Overtime has historically been taxed in the same way as regular wages, subject to federal income tax. Tips Tips have also been treated as regular taxable income […] The post The One Big Beautiful Bill Breakdown: Employers’ Tax Treatment of Compensation and Benefits appeared first on Warren Averett CPAs & Adv...| Warren Averett CPAs & Advisors
The One Big Beautiful Bill made significant changes to the Section 1202 rules for Qualified Small Business Stock (QSBS), providing significant tax planning opportunities for both investors and businesses. Under Section 1202, eligible C Corporation shareholders can exclude capital gain from the disposition of their stock, subject to certain limitations and requirements. The QSBS changes […] The post The One Big Beautiful Bill Breakdown: Qualified Small Business Stock Under Section1202 appear...| Warren Averett CPAs & Advisors
The One Big Beautiful Bill introduces several provisions that will significantly affect nonprofit organizations across the country.| Warren Averett CPAs & Advisors
Congressional Republicans, with President Trump, delivered on our promise to extend tax relief for families and small businesses. The One […]| Broad + Liberty
Bi-partisan bills have been floated for the past several years to expand and enhance the Opportunity Zones program. But, with the One Big Beautiful Bill (OBBB), Congress has finally passed Opportunity Zones 2.0. The Previous Tax Law The Opportunity Zones program started as one of the most overlooked provisions of the 2017 Tax Cuts and […] The post The One Big Beautiful Bill Breakdown: Opportunity Zones 2.0 appeared first on Warren Averett CPAs & Advisors.| Warren Averett CPAs & Advisors
Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube By Jonathan Tucker and Paul McVoy | Principals – Research & Development Tax Credits The One Big Beautiful Bill Act (OBBBA) established that eligible small businesses may fully deduct domestic research costs capitalized in 2022-2024 via amended return. The problem is there’s currently no clear guidance […] The post 2024 R&D Expensing Guidance: AICPA Provides Recommendations to the IRS appeared first on KBKG.| KBKG
Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube By Eddie Price| Principal, Cost Segregation With the passage of the One Big Beautiful Bill Act (OBBBA), Opportunity Zones (OZ) have shifted from a temporary incentive to a permanent fixture, fundamentally altering how real estate investors should approach tax strategy. The bill creates new benefits specific […] The post Cost Segregation and Opportunity Zones: What Works and What Doesn’t Under the Latest Tax Law appeared first...| KBKG
The One Big Beautiful Bill has expanded tax relief for casualty losses. The Previous Tax Law Under the Tax Cuts and Jobs Act (TJCA) that passed in 2017, casualty losses could only be taken if the loss occurred as a result of a presidentially declared disaster from 2018-2025. This significantly reduced the number of taxpayers […] The post The One Big Beautiful Bill Breakdown: Natural Disasters and Theft Losses appeared first on Warren Averett CPAs & Advisors.| Warren Averett CPAs & Advisors
The One Big Beautiful Bill has locked in lower tax rates and added new deductions, giving taxpayers more certainty for planning through 2029.| Warren Averett CPAs & Advisors
The One Big Beautiful Bill Act (OBBBA) and American Assistance Bill (AAB) will affect nonprofit grant eligibility, HR planning, and compliance requirements in 2025. Includes insights for nonprofit leaders navigating policy change.| OneDigital
Section 179 is a flexible, targeted deduction that allows businesses to choose which assets to deduct right away, up to a set limit, and is limited to taxable income.| Warren Averett CPAs & Advisors
The One Big Beautiful Bill (OBBB) has brought significant changes to the U.S. tax code, particularly in the area of business tax credits. Low Income Housing Tax Credit Program Over the years, legislative efforts have worked to increase funding and improve the effectiveness of the Low-Income Housing Tax Credit program. The OBBB made several revisions […] The post The One Big Beautiful Bill Breakdown: Business Tax Credits appeared first on Warren Averett CPAs & Advisors.| Warren Averett CPAs & Advisors
The One Big Beautiful Bill features much-welcome changes to the estate and gift tax exemption amount.| Warren Averett CPAs & Advisors
Who ends up benefiting from the deduction? The short answer is people who 1) itemize & 2) have heavy state and local tax bills. Who is that? Rich people of course! They have high incomes and lo…| Economist Writing Every Day