special depreciation allowance for qualified production property Archives

2025 Year-End Tax Planning for Small Businesses
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2025 Year-End Tax Planning for Small Businesses

Corporate Taxes, Government, Interest, IRS, Planning Strategies, Self-Employed, Small Business, Tax Credits, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Year End

2025 Year-End Tax Planning for Small Businesses

As the year draws to a close, it's important that we discuss any year-end strategies that might help lower your business's taxable income for 2025. This has been a big year for tax law changes, with the President signing the One Big Beautiful Bill Act (OBBBA) into law this summer. Most of the changes are highly [...]

cozbycpa2025-12-30T07:52:08-05:00December 30th, 2025|Categories: Corporate Taxes, Government, Interest, IRS, Planning Strategies, Self-Employed, Small Business, Tax Credits, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Year End|Tags: 100 percent bonus depreciation made permanent, Cozby & Company, CPA Heather Cozby, expansion of qualified small business stock gain exclusion, full expensing of domestic software development and R&E expenditures, new and expanded tax breaks in 2025, Plymouth MA accountant, qualified business income deduction, return to EBITDA for limit on business interest deduction, Section 1202 qualified small business stock, Section 179 expensing limit doubled, special depreciation allowance for qualified production property, tiered gain exclusion, what is EBITDA, what is qualified production property|

Tax Provisions for Businesses in the One Big Beautiful Bill Act
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Tax Provisions for Businesses in the One Big Beautiful Bill Act

Corporate Taxes, IRS, Payroll Family Leave Credit, Payroll Sick Leave Credit, Self-Employed, Small Business, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes

Tax Provisions for Businesses in the One Big Beautiful Bill Act

We wanted to update you on the provisions of the new tax bill that was signed into law on July 4 (the One Big Beautiful Bill Act). We recommend reviewing your current tax strategy in light of these changes. We are available to discuss how these provisions may impact your personal or business tax situation, and [...]