Business & Corporate Tax Updates (2025)
Key Federal Tax Law Changes Impacting Businesses
The 2025 federal tax law changes bring several important updates for business owners, corporations, and self-employed professionals. These changes affect everything from deductions and credits to depreciation limits and pass-through taxation rules.
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We help businesses of all sizes interpret new regulations, identify tax-saving opportunities, and adjust strategies to maintain compliance and efficiency.
Major 2025 Business Tax Updates
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Corporate and Pass-Through Income Tax Rates
Certain provisions of the 2017 Tax Cuts and Jobs Act (TCJA) are scheduled to expire or change in 2025. This may affect both C corporations and pass-through entities such as S corporations, LLCs, and partnerships. Evaluating entity structure and future rate exposure is essential for long-term planning.
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Business Deductions and Expense Limits
Updates to Section 179 expensing and bonus depreciation limits influence how quickly businesses can write off equipment and property purchases. Knowing which rules apply in 2025 can help time capital investments effectively.
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Qualified Business Income (QBI) Deduction
The QBI deduction for eligible pass-through entities continues to be a major opportunity for tax savings—but some thresholds and phase-outs may shift under the new law. Strategic income management can help preserve this benefit.
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Business Tax Credits
Credits for research and development, energy efficiency, and hiring may be modified or extended under 2025 provisions. Reviewing eligibility early can help maximize available benefits.
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Employee Benefits and Payroll Taxes
Adjustments to fringe benefit exclusions, deferred compensation plans, and payroll tax thresholds can affect both employer costs and employee withholdings. Staying current helps avoid compliance issues and unexpected liabilities.
Strategic Planning for 2025
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Tax law updates offer an opportunity to re-evaluate your business structure, expense timing, and compensation strategies. We work with business owners to develop forward-looking plans that minimize tax exposure and align with evolving federal and state requirements.
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By taking a proactive approach, you can adapt to new legislation while continuing to focus on growth and profitability.​​