For most small business owners, tax season ends with an exhale. Returns are filed, extensions are submitted, and the immediate pressure lifts. After weeks of pulling everything together and working toward the deadline, the instinct is to move on and not look back....
When H.R. 1, known as the “One Big Beautiful Bill Act,” was signed into law, headlines quickly framed it as a sweeping tax win for businesses. Yet, in reality, the impact is far more nuanced. While this federal law preserves important deductions and restores certain...