The One Big Beautiful Bill (OB3) brings sweeping tax changes that could affect your business deductions, investment opportunities, and cash flow. Whether you work with contractors, use payment apps, or run a pass-through business, understanding what's changing could help you maximize new opportunities and avoid costly surprises next tax season.
In this webinar, experts from Block Advisors by H&R Block, will break down the most important OB3 tax updates affecting small businesses. The session focuses on when key provisions take effect, how these changes may impact reporting, deductions, and overall tax planning, and what steps you should consider now to keep your business compliant and prepared.
Learn about changes to:
- 1099-K, 1099-NEC, and 1099-MISC reporting thresholds
- Bonus depreciation guidelines
- Section 179 phaseout amounts and Qualified Business Income deduction limits
- Research & development deductions
- Rules around Qualified Small Business Stock (QSBS)
Block Advisors by H&R Block helps small businesses succeed with year-round tax preparation, bookkeeping, payroll, and business formation services designed specifically for entrepreneurs. Their Small Business Certified Tax Pros have 16 years of experience on average, providing personalized guidance to help owners save time, maximize deductions, and stay compliant as they grow. Learn more at blockadvisors.com. The decision to form a business entity is an important one that includes many considerations. You may want to seek the advice of an attorney to evaluate all of the relevant considerations. Block Advisors Business Formation Products and Services provide automated online tools that you can use to help meet your business formation needs but are not specifically tailored to you or any particular situation.
