One Big Beautiful Bill is Advancing Through the House—Here’s How It Could Affect the §179D Deduction, Bonus Depreciation, and R&D Expensing
On May 18, 2025, the House Budget Committee voted to advance President Trump’s “One Big Beautiful Bill,” a federal budget reconciliation act with sweeping implications for tax policy, border security, defense spending and more. For businesses, commercial building owners, and real estate investors, the most notable elements of the bill lie in its proposed [...]