One Big Beautiful Bill Act: Tax Planning Opportunities for Businesses

Signed into law on July 4, 2025, the One Big Beautiful Bill Act (OBBBA) contains numerous favorable tax provisions for businesses. The key deadlines aren’t December 31—they’re contract dates, construction starts, and placed-in-service cutoffs that often come months earlier. Business owners can unlock six- and seven-figure tax savings in 2025 to 2026, but only with the right timing and planning. Here’s a brief overview of the changes and how to take advantage of these tax savings opportunities.