{"id":344,"date":"2025-05-26T12:14:35","date_gmt":"2025-05-26T12:14:35","guid":{"rendered":"https:\/\/concepcionlaw.iscopedata.com\/?p=344"},"modified":"2026-05-20T08:40:09","modified_gmt":"2026-05-20T08:40:09","slug":"the-one-big-beautiful-bill-what-the-2025-tax-reform-means-for-businesses-employees-and-investors","status":"publish","type":"post","link":"https:\/\/concepcionlaw.iscopedata.com\/fr\/the-one-big-beautiful-bill-what-the-2025-tax-reform-means-for-businesses-employees-and-investors\/","title":{"rendered":"The One Big, Beautiful Bill: What the 2025 Tax Reform Means for Businesses, Employees, and Investors"},"content":{"rendered":"
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International Tax Policy Updates<\/strong><\/h4>\n
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  1. \n

    TCJA Provisions Made Permanent: <\/strong>The bill locks in lower international tax rates:\u00a0GILTI (10.5%),\u00a0FDII (13.125%), and\u00a0BEAT (10%).<\/p>\n<\/li>\n

  2. \n

    New Section 899: <\/strong>Penalties for Discriminatory Foreign TaxesImposes\u00a0escalating taxes\u00a0on foreign entities from \u201cdiscriminatory countries,\u201d aligning with U.S. efforts to resist the\u00a0OECD global minimum tax.<\/p>\n<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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    Estate & Gift Tax Changes<\/strong><\/h4>\n

    $15M Unified Credit Exemption Made Permanent<\/strong><\/p>\n

    The estate, gift, and GST tax exemption increases to\u00a0$15 million per individual, indexed for inflation. This encourages long-term estate planning and wealth transfer.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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    Business Tax Reform Highlights<\/strong><\/h4>\n
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    1. \n

      R&D Expense Deduction Flexibility
      \nTaxpayers can now choose how to deduct domestic\u00a0research and development expenses, with expanded credits for software and engineering work. Startups benefit from refundable R&D credits\u2014even without taxable income.<\/p>\n<\/li>\n

    2. \n

      Bonus Depreciation & Section 179 Expansion
      \nReinstates\u00a0100% bonus depreciation\u00a0through 2030 and increases the\u00a0Section 179 deduction limit to $2.5 million, supporting capital investment in equipment and property.<\/p>\n<\/li>\n

    3. \n

      199A QBI Deduction Boost<\/p>\n

      The\u00a0Qualified Business Income deduction\u00a0is made permanent and increased to 23%, with clarified income eligibility rules.<\/p>\n<\/li>\n

    4. \n

      More Generous Business Interest Deductions
      \nChanges to\u00a0adjusted taxable income (ATI)\u00a0calculations allow for greater\u00a0interest expense deductions\u00a0by excluding depreciation and amortization.<\/p>\n<\/li>\n

    5. \n

      Excess Business Losses Made Permanent
      \nCodifies the\u00a0excess business loss limitation, now with broader applicability and indexed thresholds.<\/p>\n<\/li>\n

    6. \n

      Qualified Opportunity Zones (QOZ) Revamped
      \nA new QOZ program begins in 2027, emphasizing\u00a0rural investment, with new\u00a0compliance and reporting mandates.<\/p>\n<\/li>\n

    7. \n

      Expanded Low-Income Housing Tax Credits
      \nThe bill increases credit allocations through 2029 and enhances access for\u00a0rural and Indian areas.<\/p>\n<\/li>\n

    8. \n

      Rural Loan Interest Exemption
      \nBanks may exclude 25% of interest income on\u00a0agricultural or aquaculture real estate loans\u00a0from taxable income.<\/p>\n<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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      Employee Benefits & ACA Changes<\/strong><\/h4>\n
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      1. \n

        HSA Expansion
        \nHealth Savings Accounts (HSAs)\u00a0see broadened eligibility, including Medicare recipients and FSA spouses. Contribution limits double for individuals earning under $75,000.<\/p>\n<\/li>\n

      2. \n

        Employee Retention Credit (ERC) Restrictions
        \nERC claims filed after\u00a0January 31, 2024\u00a0are denied. Statute of limitations for audits is extended to 6 years.<\/p>\n<\/li>\n

      3. \n

        ACA Exchange Updates
        \nACA marketplaces must verify 75% of new enrollees and conduct shorter\u00a0open enrollment periods. Employers may see higher plan participation.<\/p>\n<\/li>\n

      4. \n

        DACA Exclusion from ACA
        \nDACA recipients lose eligibility\u00a0for ACA coverage and subsidies, potentially shifting coverage burdens to employers.<\/p>\n<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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        Conclusion: What Comes Next?<\/strong><\/h4>\n

        The Senate will now review the bill. If passed, the\u00a0One Big, Beautiful Bill\u00a0will reshape tax policy for the next decade. Businesses, estate planners, and benefits administrators should prepare now.<\/p>\n

        For customized tax advice, contact Christine Alexis Concepci\u00f3n at caconcepcion@concepcionlaw.com<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

        International Tax Policy Updates TCJA Provisions Made Permanent: The bill locks in lower international tax rates:\u00a0GILTI (10.5%),\u00a0FDII (13.125%), and\u00a0BEAT (10%). New Section 899: Penalties for Discriminatory Foreign TaxesImposes\u00a0escalating taxes\u00a0on foreign entities from \u201cdiscriminatory countries,\u201d aligning with U.S. efforts to resist the\u00a0OECD global minimum tax. Estate & Gift Tax Changes $15M Unified Credit Exemption Made Permanent […]<\/p>\n","protected":false},"author":1,"featured_media":4347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"page_builder":"","footnotes":""},"categories":[22,23],"tags":[39],"class_list":["post-344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-reform","category-one-big-beautiful-bill","tag-irs-updates-legal-developments"],"acf":[],"_links":{"self":[{"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/posts\/344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/comments?post=344"}],"version-history":[{"count":1,"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/posts\/344\/revisions"}],"predecessor-version":[{"id":346,"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/posts\/344\/revisions\/346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/media\/4347"}],"wp:attachment":[{"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/media?parent=344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/categories?post=344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/concepcionlaw.iscopedata.com\/fr\/wp-json\/wp\/v2\/tags?post=344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}