The 𝗢𝗕𝗕𝗕𝗶𝗹𝗹 is here. Your clients are already asking: "How does the QBI deduction change?" "What's this 100% bonus depreciation extension?" "Can we restructure our SALT strategy?" "Do the R&D expensing rules help us?" 𝗧𝗵𝗲 𝗮𝗻𝘀𝘄𝗲𝗿𝘀 𝗮𝗿𝗲 𝗰𝗼𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗲𝗱. • Permanent QBI with eased income limits • 100% bonus depreciation through 2030 • $40k SALT cap with phase-outs • Immediate R&D expensing for domestic only Plus new limits on charitable deductions, AMT, tips/overtime, and
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If you’re a multimillionaire, congratulations. The #OBBB is for you. But everyone else – our working families, our seniors, our public servants – you’re getting hosed. | Wes Moore
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36K views · 545 reactions | OBBB has passed, without the full text of SHORT and HPA. We will regroup and work to get this done on the next reconciliation bill. | National Association for Gun Rights | Facebook
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One Big Beautiful Bill (OBBB) Video Series This ASL video focuses on new changes for charity and donations. OBBB added an above line deduction for donation, $1,000 for individual / $2,000 for married couple. Meaning can claim up to $1k/$2k against your total incomes before standard/itemized deductions and tax credits. Must have evidence of donations (letters, receipts, and thank you notes). OBBB limits corporation ( C type) donations to be at least 1% of their business taxable income up to 10% o
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The OBBB was a Herculean achievement, unprecedented in both scope and speed in American history. ...
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