Explore two key provisions of the Big Beautiful Bill—100% bonus depreciation and an expanded SALT deduction cap—and what they could mean for business owners and high earners in 2025.

The recently passed One Big Beautiful Bill Act (OBBBA) brings the most sweeping tax changes since 2017—delivering permanent tax cuts, targeted deductions, and significant new incentives for both individuals and business owners. Whether you're an employee, a retiree, or a business owner, this legislation has something that could impact your 2025 and beyond. Here’s what you need to know.