Hawkins Ash OBBBA – Business Articles
IRS Provides Penalty Relief for 2025 Tip and Overtime Reporting Under the One Big Beautiful Bill Act
The IRS and U.S. Treasury have issued new guidance offering transition-year penalty relief for 2025 related to information-reporting requirements on ...
IRS Issues Guidance on R&E Deductions
The IRS has released transitional guidance (Revenue Procedure 2025-28) on how businesses can apply the One Big Beautiful Bill Act ...
Rethinking Meals & Entertainment Deductions
The One Big Beautiful Bill Act (OBBBA) brings several important updates to how businesses can deduct meals and entertainment (M&E) ...
State and Local Tax Deduction – The Details Matter
While we touched on the state and local tax (SALT) deduction changes earlier, the details are important - especially if ...
Reshaping Business Tax Deductions
The OBBBA brings back some of the most generous business tax breaks we've seen in years. If you're thinking about ...
Equipment Purchase Strategies That Can Save You Thousands
With 100% bonus depreciation back and Section 179 limits nearly doubled, 2025 is shaping up to be an excellent year ...