New and changing law, and the deadlines that come with it — what recent legislation means for investors and business owners, which provisions are sunsetting, and what to do before the window closes.
TL;DR: FinCEN's final rule permanently removes the beneficial ownership information (BOI) reporting requirement for U.S. companies and U.S. persons under the Corporate Transparency Act. Previously filed data will be deleted. Foreign entities still f…
TL;DR: One year after the One Big Beautiful Bill Act was signed into law, three tax strategies need your attention now: 100% bonus depreciation is permanent, R&D expensing is back, and Section 179D has a cutoff date that's already passed. Some deadl…
TL;DR: Federal 100% bonus depreciation is back permanently. But more than half of U.S. states don't recognize it, which means a strategy that saves you six figures federally can quietly create a real state tax bill in the same year. Knowing your sta…
TL;DR: The One Big Beautiful Bill restored 100% bonus depreciation permanently for property placed in service after January 19, 2025. This changes acquisition timing, cost segregation value, and the 163(j) interest deduction trade. Recapture at exit…
TL;DR: The One Big Beautiful Bill Act lets small businesses amend 2022-2024 tax returns to claim immediate R&D expense deductions instead of spreading them over five years. This could mean six-figure refunds, but you must file by July 6, 2026. There…
TL;DR: The One Big Beautiful Bill Act made Section 163(j) more generous for 2025 tax returns by adding depreciation back into the interest limitation calculation. This means leveraged real estate investors lose less interest deductions to the cap,…
Welcome back to the podcast and to our blog! In this week's episode, we dove headfirst into the seismic shifts and incredible opportunities presented by the 2025 Tax Bill, often referred to as 'One Big Beautiful Bill.' For those of us in the trenche…
Welcome back to the podcast, and to the blog! In our latest episode, we dove deep into the eagerly anticipated 2025 Tax Bill, affectionately (and perhaps a little ironically) dubbed "One Big Beautiful Bill." As promised, this blog post is here to un…