August 1, 2025 -- Volume 24, No. 8

Click Here to View Online

Actions to Take Now Because of the New Tax Law


The One Big Beautiful Bill Act has many moving parts. While some changes are effective starting in 2025 others don’t take effect until 2026. Incentives for buying equipment apply for 2025. Some changes related to your staff also apply for 2025. But some tax breaks are ending in 2025 or 2026, and you must act quickly if you want to take advantage of them before they disappear. Read More

Outgrown Your Current Space? How to Scale Up

Outgrown Your Current Space? How to Scale Up

Your customer base is expanding. The array of products you carry are growing. The number of employees on your staff are increasing. Have you outgrown your current space and need to find a solution? There are a number of options you can use. Read More

What the U.S. Supreme Court Told Small Businesses in this Term: Part 1


Shakespeare in Henry VI said “Let’s kill all the lawyers,” and I bet many people still agree. But you can’t escape the impact that lawyers and courts have on our businesses and our lives. The U.S. Supreme Court is, as the name implies, supreme…the final word on the legality of a matter. The Court meets from the beginning of October through the end of June. During this period—the Court’s 2024-2025 term—a number of important decisions were handed down that affect small businesses. While these decisions did not directly involve small businesses, owners should pay attention. This blog covers decisions through June 15, 2025, and apologies for some legalese that can’t be avoided. Read More

What the U.S. Supreme Court Told Small Businesses in this Term: Part 2


The U.S. Supreme Court is the final arbiter of the law. While Congress and the President can take actions, it’s up to the Court to decide whether they are constitutional. A previous blog covered cases of interest to small businesses that were decided earlier in the Court’s 2024-2025 term. Here are some from later in the term, which ended June 30, 2025. Read More

One Big Beautiful Bill: Checklist of Tax Changes for Small Businesses



The One Big Beautiful Bill Act of 2025 (OBBBA)…all 887 pages…was passed by Congress on July 3, 2025, and signed by the President on July 4th. While not officially titled as OBBBA—technically it’s “An Act to Provide for Reconciliation Pursuant to Title II of H. Con. Res. 14” and it is the text of H.R. 1—the name doesn’t really tell the story. You’ve heard the hype—it’s the best thing since sliced bread or the worst thing since New Coke. Whatever the opinion, the fact remains that small businesses need to know what’s in the new law and take action to optimize its impact on them.

Read More

Your Tax on Business Profits Under the One Big Beautiful Bill


This is another installment of the coverage of tax changes in the One Big Beautiful Bill affecting small businesses. The One Big Beautiful Bill Act of 2025 (OBBBA) was passed by Congress on July 3, 2025, and signed by the President on July 4th. Some changes apply for 2025, while others go into effect in 2026 or later. Here is key information about what you can expect to pay on your business profits. Read More

Your Staffing and the One Big Beautiful Bill


If you have employees, pay attention to the changes made by One Big Beautiful Bill Act (OBBBA) with respect to staffing. Will these changes lead you to making changes in your business practices and policies? As you read what follows, pay attention to effective dates; some changes apply to 2025 while others begin in 2026. Read More

How Much Can You Deduct for Buying Equipment and Building Certain Property?


The One Big Beautiful Bill Act (OBBBA) aims to spur business investments in the economy by allowing for greater tax breaks for acquisitions and certain building projects. You may even be able to claim the breaks for things you did earlier in 2025, before the new law was passed. But not all the news from the new law is good news… Read More

Mid-Year Business Planning for 2025


Can you believe that half of 2025 is over? The first half of the year has been one of uncertainty for small businesses. Tariffs, inflation, and potential tax changes have created a period of insecurity for many, with lack of clarity about what to do and how to plan ahead. Read More

Is Christmas in July for Your Small Business?


It’s not a religious holiday and it has no historical significance. Christmas in July is a marketing strategy that can boost sales during a summer slump and prepare you for a robust holiday season in the fourth quarter of the year.

Read More

Our Featured Guest Blogs

How to Reduce Equipment Downtime and Boost Your Bottom Line

by Jack Shaw

Equipment downtime is a fact of life in business, regardless of industry. Not even the brightest engineers could invent a machine that could operate nonstop without compromising quality, efficiency, and safety. Read More


Do it Right When you Build, Baby Build

by John Jones

Construction is booming and this is likely to continue. Are you ready to get in on the action? Building structures across various industries requires a careful balance of engineering expertise, materials science, planning, and project management. Read More


How to Streamline Recruitment and Selection to Enhance

Hiring Results

by Renu Sharma

The NFIB Jobs Report for June 2025 showed that 36% of all small business owners reported job openings they could not fill. If you’re seeking to add to your staff, recruitment, is important but does not begin with a job post. It definitely does not end with an offer letter! Read More


How to Choose the Right Promotional Product Distributor

by James Thompson

Promotional products such as pens, t-shirts, tote bags, calendars, and water bottles embossed with your logo are a very effective marketing strategy, with a reported 83% of consumers using branded products they receive, and 58% saying they had a positive change in their perception of a brand. Read More



What’s In the “One Big, Beautiful Bill” for Small Business? (Part I)

by Barbara Weltman

On May 22, 2025, the House passed the One Big, Beautiful Bill Act (H.R. 1) and sent it to the Senate, which is now deliberating the various provisions, including the tax measures. There’s agreement about some provisions and disagreement about others. While the Senate works through the bill, small business owners might want to begin thinking about the House-passed provisions and how these would affect them…if enacted.

Free eBook Cover


The newly-updated eBook is available now!


Download the eBook as our "Thank You" when you subscribe on our website!


150+ Tax Deductions for Small Business A to Z

Revised to reflect changes in One Big Beautiful Bill Act


FREE to download when you sign up for our monthly newsletter and Idea of the Day® mailings!

SBT 2025

For year-round help, you'll want these two tax books and the free online supplements to keep you up-to-date!

Small Business Taxes 2025

The 2025 edition for preparing 2024 returns as well as tax planning for 2025

1001 Deductions and Tax Breaks 2025

The Comprehensive Handbook for American Taxpayers Looking for Every Legal Tax Deduction and Credit

2025 1001 Deductions

Don't Miss these Additional Resources to Help Your Business Thrive!


500+ Big Ideas for Your Small Business

Ideas You'll Use Everyday!

Click Here to Purchase on Amazon

Smooth Failing (Paperback Edition)

Top industry leaders share their secrets for turning pain into profit!

Click Here to Get Your Copy from Amazon

Home-Based Business Start-Up Guide: A Step-by-Step Road Map--with Checklists--to Get You Started-Up, Profitable, and Successful

Click Here to Purchase from Amazon


Delighted to be included in an article on LinkedIn!

SMB Insights on Tap: 8 Experts to Follow

Blog Recognition Badge
Untitled Design

Find a professional to help you with your next project!

Review
Facebook  X  Instagram  Youtube  Linkedin