August 25, 2025

New Tax Rules, New Considerations for Business Owners

Signed into law on July 4, the One Big Beautiful Bill Act marks a significant piece of legislation that may profoundly impact your tax planning and other areas of business owner planning. For small business owners, it introduces a mix of new provisions, meaningfully alters a number of existing provisions, and extends other provisions as is. Together, these changes may influence how you—as a savvy business owner—shape, operate, and grow your business. From pass-through deductions to succession planning, these changes could have a direct impact on both your business finances and your personal bottom line.

Join Chief Planning Officer Jeffrey Levine as he breaks down what business owners need to know when reviewing their 2025 plans—and how to position yourself strategically for years to come.

In this session, you’ll learn:

  • What’s new—and what’s staying the same—with the Qualified Business Income (QBI) deduction.
  • How certain small business owners may now be able to avoid gains of up to $750 million upon the sale of their business.
  • How the legislation could impact your personal tax strategy, especially if your business income flows through to your individual return.
  • And much more!

Category

Tax Strategies

Content Topics

About the Author

Jeffrey Levine

Chief Planning Officer

Clients deserve a knowledgeable advisor who is up to date on the latest changes in the laws, regulations, tools, and trends that may impact their overall financial plan. As Chief Planning Officer, Jeffrey works closely with the Focus team to create a seamless and enjoyable experience for clients that makes it easy to plan and instill confidence as they work towards their most important goals.