Exciting news for investors and business owners: Qualified Opportunity Zones (QOZs) are back in action, thanks to a new piece of legislation called the One Big Beautiful Bill Act (OBBBA). This law permanently reauthorizes the QOZ program, with some important changes that could offer tax-saving opportunities for years to come. If you’ve invested in […]
Archives for July 2025
How Fraud and Scams Affect Small Businesses—and How to Move Forward
Fraud and scams are more than just occasional risks for small businesses—they’re a growing threat that can damage finances, reputation, and even long-term viability. From fake invoices and phishing emails to employee theft and cyberattacks, the impact can be devastating. Small businesses often lack the resources and safeguards that larger organizations use to detect and […]
What You Need to Know About the One Big Beautiful Bill Act
On July 4, 2025, the government passed a major new tax law called the One Big Beautiful Bill Act. This law introduces important changes that can help individuals and business owners save money on their taxes. Below is a summary of the key tax provisions: 1. Depreciation & Expensing Provisions Bonus Depreciation 100% bonus depreciation […]