FREE GUIDE: OBBBA Tax Changes for Small Business Owners
One major reason is the One Big Beautiful Bill Act, also known as OBBBA.
This law, which largely went into effect in 2025, introduced expanded tax breaks for many taxpayers.
That includes:
- An increased standard deduction
- Larger child tax credits
- New deductions for overtime income
- New deductions for tip incomeThe result? More opportunity for qualifying taxpayers to lower their taxable income and potentially increase their refund.
The key is knowing whether you qualify and how these changes apply to your situation.
Utilize this free guide to learn more about the tax changes and if they can apply to your situation!
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