The recently enacted One, Big, Beautiful Bill (OB3) introduces transformative tax reforms designed to accelerate innovation, investment, and expansion. Join Family Business Magazine and Plante Moran tax experts to unpack the most impactful provisions of OBBB and get actionable strategies to help family-owned businesses optimize their tax position, boost cash flow, and plan for long-term growth.
Learning objectives:
- Learn how to optimize benefits — from qualified business income and state and local tax deductions to research credits and tax deferral opportunities, and more.
- Learn how to leverage immediate and retroactive R&D expensing under Section 174A.
- Evaluate how to layer depreciation strategies, including the new expensing of Qualified Production Property, to reduce taxable income and support capital investment.
- Discover how holding C corporation stock (including converting existing businesses to a C corporation) for at least three years can qualify individuals, estates, and trusts for permanent gain exclusion under Section 1202 — and what that means for long-term business growth.
- Learn how to take advantage of estate, gift, and GST tax exemptions and how to ensure a seamless transition of your business and other assets to the next generation.
