The Big Beautiful Bill
A sweeping new tax bill was just signed into law, and it brings some serious updates for business owners. Whether you’re running a growing small business or advising one, these changes could mean major tax savings and new opportunities to plan smarter. From bonus depreciation and expanded R&D expensing to extended deductions and capital gains exclusions, this article breaks down what’s new, what’s been extended, and how to take advantage of it.
Here are some of the most impactful highlights:
✅ Business Interest Deduction Gets a Boost
Businesses can now deduct more interest by calculating against EBITDA (instead of EBIT), allowing for larger deductions — especially helpful in high-interest environments.
✅ QBI Deduction Extended
Section 199A is back! This 20% deduction for pass-through businesses like S corps and partnerships was set to expire but has now been extended — preserving a major benefit for small businesses.
✅ Big Win for Startup Stock Sales
The Qualified Small Business Stock (QSBS) exclusion under Section 1202 has increased — now allowing up to $15 million in tax-free capital gains for founders who meet the criteria. It’s a massive incentive for structuring as a C Corp.
✅ Bonus Depreciation & Section 179 Enhanced
100% bonus depreciation is restored, and Section 179 caps increased to over $2 million — helping businesses write off more of their investments immediately.
✅ Employer Credits & R&D Expensing
Paid family and medical leave credit made permanent (up to 25% of wages paid).
R&D expenses can now be expensed immediately (retroactive to 2022), instead of being amortized over years.
✅ Opportunity Zones & Corporate Giving
Incentives continue for reinvesting capital gains into underserved areas through Opportunity Zones, and new rules require C Corps to donate at least 1% of taxable income to claim charitable deductions.
Ready to Put These Tax Strategies to Work?
The updates in this new legislation open the door for smart planning, big savings, and long-term growth — but only if you take action. Whether you’re wondering how the QBI deduction applies to your business, considering a C Corp structure, or want to revisit your depreciation strategy, we’re here to help.
At Kinstler Brown, we specialize in translating tax law into real-world benefits for business owners like you.
Chad Brown, Co-President of Kinstler Brown Companies, Inc., is passionate about helping small and medium-sized businesses thrive through strategic tax planning and financial coaching. With years of experience in tax consulting and accounting services, Chad specializes in developing customized solutions that maximize savings, optimize cash flow, and support long-term growth. His goal is to empower business owners to make confident financial decisions while minimizing tax liabilities.
Ready to start your journey to smarter tax strategies? Schedule a call with Chad today!