Minimize Your Business’s 2025 Federal Taxes with Year-End Planning
The One Big Beautiful Bill Act (OBBBA) reshapes many traditional tax strategies and introduces new opportunities for businesses to reduce 2025 federal taxes. Here are the most impactful areas to review before year-end. 1. Capital Asset Investments Year-end asset purchases remain one of the strongest tax-reduction tools—and the OBBBA makes them even better for 2025. 100% Bonus Depreciation Restored: Assets acquired and placed in service after January 19, 2025 qualify for permanent 100% bonus...