The One Big Beautiful Bill Act (OBBB) introduced important changes affecting small businesses and contractors, from reporting requirements to cost recovery, expensing, and business-related credits. Understanding these updates can help your business plan ahead and make the most of available deductions.

The IRS recorded a webinar covering these changes in detail, including updates for partnerships, interest deductions, and common credits like business meals, childcare, and paid family leave.

 Watch the recording here:
One Big Beautiful Bill: Business Tax Provisions