One Big Beautiful Bill – Business Highlights

Big changes are here for businesses under the One Big Beautiful Bill Act (OBBB)—and many of them are pro-growth and pro-investment. Whether you’re a C-Corp or pass-through entity, the updates offer real planning opportunities across tax, credits, and depreciation. Here are the key highlights:

✅ Flat 21% corporate tax rate remains unchanged
✅ QBI deduction increased from 20% to 25% (phaseout at $400K single / $500K MFJ)
✅ PTET (Pass-Through Entity Tax) workaround preserved at federal level
✅ 100% bonus depreciation extended through 2027
✅ Section 179 expensing limit raised to $2 million (phaseout begins at $5 million)
✅ Full R&D expensing reinstated through 2032
✅ Enhanced WOTC (Work Opportunity Tax Credit) extended
✅ New Wage Growth Credit for businesses increasing median wages 10%+ YoY
✅ Expanded clean energy credits for commercial buildings and fleet upgrades

Now’s the time for CFOs and business leaders to revisit tax strategy and reinvestment plans. These changes aren’t just technical—they’re actionable!

Cross + Co provides value-added outcomes that will transform your finances.

Our pricing model is a fixed monthly subscription, which includes tax filing.

Email me to discuss!