2025 Small Business Tax Changes Explained Simply
Table of Contents Navigating 2025: Key Tax Shifts for Small Businesses Enhanced Deductions: Bonus Depreciation & Section 179 Fueling Innovation: R&E Expenses and QBI in Focus Broader Economic Support: IRA, Standard Deductions, and More SBA Lending Landscape: What Entrepreneurs Need to Know Compliance Essentials: Beneficial Ownership Information Reporting Frequently Asked Questions (FAQ) Get ready for a significant shift in the financial landscape for small businesses! As 2025 dawns, new legislation and updated policies are poised to reshape how you manage your company's finances, invest in its future, and navigate regulatory requirements. The "One Big Beautiful Bill Act" (OBBBA) and revised Small Business Administration (SBA) guidelines are at the forefront, aiming to foster growth while ensuring that support is directed towards genuine U.S. small businesses. This post bre...