Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Trending

Dana White’s Huge Jon Jones Announcement Makes 3 Things Very Clear

June 22, 2025

Why New Tax Rules Could Be a Game Changer for Your Business

June 22, 2025

Take These 3 Steps to Shorten Your Sales Cycle

June 22, 2025
Facebook Twitter Instagram
  • Newsletter
  • Submit Articles
  • Privacy
  • Advertise
  • Contact
Facebook Twitter Instagram
Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Subscribe for Alerts
Startup DreamersStartup Dreamers
Home » Why New Tax Rules Could Be a Game Changer for Your Business
Money & Finance

Why New Tax Rules Could Be a Game Changer for Your Business

adminBy adminJune 22, 20250 ViewsNo Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email

No entrepreneur wants a surprise tax bill — especially when every dollar matters for growth. Staying ahead of tax policy changes is one of the smartest ways to protect your bottom line and avoid disruptions.

With the Senate now reviewing the One Big Beautiful Bill Act, Congress is moving closer to enacting one of the most significant shifts in U.S. tax policy in recent history. If passed, the legislation would expand — and in many cases, strengthen — existing incentives for entrepreneurs to reinvest in equipment, hire more staff, and scale with confidence.

Here’s what’s coming — and how you can position your business for what’s next.

Related: 4 Tax Strategies Every High-Earning Entrepreneur Needs to Know for 2025

The government wants you to invest in your business — now more than ever

The 2017 Tax Cuts and Jobs Act (TCJA) brought sweeping changes to the tax code, many of which aimed to boost business investment. But those provisions were set to expire by the end of this year.

The new House bill extends and enhances several of those benefits. One major update? The Qualified Business Income (QBI) deduction gives many sole proprietors, partnerships, S corporations, and some trusts and estates a tax break. Under the TCJA, that deduction was 20%. The new legislation would increase it to 23% and make it permanent, putting more cash directly into the hands of small business owners.

Another key change: entrepreneurs could again deduct domestic R&D expenses immediately, restoring a popular provision that had expired. While this update would only run from 2025 through 2029, it marks a meaningful shift. Countries like South Africa and Singapore already offer enhanced R&D deductions of 150% to 400% — this change helps U.S. businesses stay globally competitive.

The bill also brings back full bonus depreciation, allowing businesses to deduct 100% of qualifying assets like equipment, software, and property at the time of purchase. That means you won’t need to spread deductions out over time — you get the full benefit upfront.

The government is shifting what it wants you to invest in

Governments shape economic behavior through tax policy. In recent years, U.S. incentives have focused heavily on renewable energy and emissions reduction. Business owners have used tax credits to install solar panels or invest in electric vehicles at lower costs.

But the One Big Beautiful Bill Act, backed by the Trump administration and a Republican-led Congress, signals a pivot. Incentives are shifting toward American manufacturing and domestic fossil fuel production.

That means it’s time to reexamine your tax strategy. If you’ve invested in green initiatives — or plan to — you’ll want to understand how these new priorities could affect your bottom line. For example, while EV tax breaks may fade, the bill introduces a new $10,000 deduction on loans for vehicles assembled in the U.S. Make sure your strategy aligns with these evolving incentives.

Personal tax changes will impact you and your employees

The bill also raises the standard deduction to $16,000 for individual filers and $32,000 for joint filers — up by $1,000 and $2,000, respectively. That’s welcome news for many employees and for entrepreneurs who don’t itemize.

Seniors get an even better break. The legislation includes a temporary $4,000 bonus deduction for individuals over 65 with a modified AGI under $75,000 (or $150,000 for joint filers). However, that bonus expires in 2028.

If you live in a high-tax state, you’ll want to note the changes to the SALT deduction (state and local tax). The current $10,000 cap would jump to $40,000 in 2025 for households earning under $500,000 and gradually increase through 2033. Above that threshold, the deduction phases out entirely.

There are also proposed exemptions for tips and overtime pay, which could change how you approach payroll and compensation. These details are worth discussing with a tax advisor to ensure you’re optimizing for both compliance and competitive hiring.

Related: 4 Tax Tips That Will Give Your Business an Edge and Save You Money in 2025

Thinking of starting a business? Now may be the best time

The U.S. has a long tradition of using tax policy to support entrepreneurship, and this bill continues that legacy. If you’ve been sitting on a business idea, the new provisions could help you get started with lower upfront costs and stronger long-term incentives.

At the end of the day, every dollar saved on taxes is a dollar you can reinvest — whether in talent, technology, or new offerings. Smart planning now will ensure your business is ready for what’s ahead.

No entrepreneur wants a surprise tax bill — especially when every dollar matters for growth. Staying ahead of tax policy changes is one of the smartest ways to protect your bottom line and avoid disruptions.

With the Senate now reviewing the One Big Beautiful Bill Act, Congress is moving closer to enacting one of the most significant shifts in U.S. tax policy in recent history. If passed, the legislation would expand — and in many cases, strengthen — existing incentives for entrepreneurs to reinvest in equipment, hire more staff, and scale with confidence.

Here’s what’s coming — and how you can position your business for what’s next.

Join Entrepreneur+ today for access.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

What Is ‘Doom Spending’ and Which Generation Falls for It?

Money & Finance June 20, 2025

Mom’s Side Hustle Made $30k in 2 Months, Then $500k a Year

Money & Finance June 19, 2025

Best U.S. Cities for Jobs That Afford Comfortable Lifestyles

Money & Finance June 17, 2025

Why Every Small Business Owner Should Consider Real Estate — Even Without Deep Pockets

Money & Finance June 15, 2025

Inside ‘Culture Shock’ at Goldman Sachs, ‘Black Capitalism’

Money & Finance June 14, 2025

Micro-Retirement? Quit Your Job Before You’re a Millionaire

Money & Finance June 12, 2025
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

Dana White’s Huge Jon Jones Announcement Makes 3 Things Very Clear

June 22, 2025

Why New Tax Rules Could Be a Game Changer for Your Business

June 22, 2025

Take These 3 Steps to Shorten Your Sales Cycle

June 22, 2025

I’m So Glad My Company Never Went Viral — Here’s Why

June 22, 2025

This AI Model Never Stops Learning

June 22, 2025

Latest Posts

Answer Engine Optimization (AEO) — What Brands Need To Know

June 20, 2025

What Is ‘Doom Spending’ and Which Generation Falls for It?

June 20, 2025

How to Build a Tech-Forward Company That Lasts

June 20, 2025

Still Saying ‘I’ll Just Do It’? That’s Why You’re Stuck

June 20, 2025

Companies Warn SEC That Mass Deportations Pose Serious Business Risk

June 20, 2025
Advertisement
Demo

Startup Dreamers is your one-stop website for the latest news and updates about how to start a business, follow us now to get the news that matters to you.

Facebook Twitter Instagram Pinterest YouTube
Sections
  • Growing a Business
  • Innovation
  • Leadership
  • Money & Finance
  • Starting a Business
Trending Topics
  • Branding
  • Business Ideas
  • Business Models
  • Business Plans
  • Fundraising

Subscribe to Updates

Get the latest business and startup news and updates directly to your inbox.

© 2025 Startup Dreamers. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

GET $5000 NO CREDIT