What the “One Big Beautiful Bill” Means for You as a Business Owner

On July 4, 2025, the One Big Beautiful Bill (OBBB) was signed into law. This sweeping legislation aims at reviving American business, encouraging domestic manufacturing, and keeping more investment dollars here in the U.S. Whether you run a growing company, manage commercial real estate, or lead long-term planning for your business, this bill is packed with tax breaks and incentives that could save you money today and help you grow tomorrow.

Why This Bill Matters for Your Business

  • The OBBB puts more cash back into your business now by increasing tax deductions and credits.
  • The OBBB rewards companies that invest in America—from buying equipment to building facilities to doing R&D here in the U.S.

Here’s a quick breakdown of what’s in it for you a business owner:

100% Bonus Depreciation Is Here to Stay
You can now immediately deduct the full cost of qualifying property and equipment you place in service after Jan. 19, 2025. Call 610.779.1400 to see if you qualify.

Bigger Section 179 Expensing Limits
The cap for Section 179 deductions jumps to $2.5 million, making it easier to write off equipment, technology, and building improvements.

R&D Expensing (Even Retroactive to 2022!)
If your business does any kind of research or product development, you can now fully expense those costs—and even go back and amend past returns.

More Room for Business Interest Deductions
The bill brings back the EBITDA formula for interest deductions, meaning businesses with loans can deduct more of their interest.

Qualified Business Income (QBI) Deduction Made Permanent
That 20% deduction for pass-through income is sticking around—and it’s a little more generous, too.

Bigger Credit for Advanced Manufacturing
Thinking about investing in high-tech production like semiconductors? There’s now a 35% tax credit to support it.

So, What Should You Do Now?

Many of these provisions either take effect in 2025 or can be applied retroactively. That means this year is a perfect time to:

  • Reevaluate your capital investment plans
  • Talk to your tax advisor about potential savings
  • Consider whether now’s the right time to expand, renovate, or reinvest

The One Big Beautiful Bill is a serious opportunity for business owners. The tax savings are real, and the incentives are aligned with growth, reinvestment, and American-made business.

At NAI Keystone, we’re watching how this legislation impacts the Commercial Real Estate landscape across Pennsylvania. If you’re planning an expansion, purchase, or investment in property or operations, let’s talk about how you can take advantage of these changes.

For additional sources on tax-planning, visit our friends at Herbein + Co.