The newly enacted One Big Beautiful Bill Act (OBBBA) restores 100% bonus depreciation for qualifying assets placed in service after January 20, 2025—supercharging cost segregation strategies. Commercial property owners can now deduct the full cost of short-life assets in year one, leading to tax savings exceeding $185,000 on a $500,000 reclassification. This powerful combo benefits new construction, short-term rentals, and Opportunity Zone investments. A professional cost segregation study is essential to maximize these savings.

Mississippi just gained powerful new tools to respond to natural disasters faster. A new federal law now allows state-declared disasters to trigger tax relief—no need to wait for Washington. From extended filing deadlines to expanded casualty loss deductions, these changes mean quicker support for residents facing tornadoes, floods, and hurricanes.

With the passage of the One Big Beautiful Bill Act (OBBBA), charitable giving rules are changing—permanently. Starting in 2026, non-itemizers regain a modest deduction, while high-income donors face new limits. This article breaks down what’s new, what’s staying, and how to plan ahead for smarter, more strategic giving.

The One Big Beautiful Bill (OBBB) brings major tax relief for businesses investing in research and development. Starting in 2025, domestic R&D expenses can be deducted immediately, and small businesses may retroactively expense costs from 2022–2024. All businesses can also accelerate deductions for prior R&D expenses. Learn what this means for your tax strategy and how our firm can help you take full advantage.

The One Big Beautiful Bill (OBBB) has introduced major tax advantages for healthcare professionals and medical practices. Key provisions include a permanent 20% Qualified Business Income (QBI) deduction for pass-through entities, enhanced business interest deductions, expanded benefits for Qualified Small Business Stock (QSBS), and 100% bonus depreciation for capital investments. These changes offer significant financial planning opportunities, especially for clinics looking to grow or optimize their tax strategies. GranthamPoole offers expert guidance to help healthcare providers fully leverage these benefits.

Thanks to the new “One Big, Beautiful Bill” Act, businesses can now fully deduct the cost of qualifying assets right away—no more waiting years to recover those expenses. This change could mean major tax savings for your next capital investment. Find out what qualifies and how to take advantage.

The One Big, Beautiful Bill Act (OBBBA) introduces a new investment tool for families: the “Trump Account.” These tax-deferred accounts are designed to help parents save for their children’s future, with government-funded contributions, employer support, and long-term growth potential. Learn who qualifies, how contributions work, and what to expect as regulatory guidance develops.