

September 2, 2025

The business interest deduction shifts back to EBITDA in 2025, increasing interest deductibility and affecting financing decisions for many businesses.

The Section 199A phase-out limits the QBI deduction for high earners, but some businesses may still qualify under IRS wage, property, and rental rules.

R&D expensing is restored starting in 2025 under the new tax law. IRS guidance explains eligibility, filing steps, and limited retroactive relief options.

Learn about new IRS guidance on innocent spouse relief, including when taxpayers may be released from joint tax liability and how to request relief.

100% bonus depreciation is back for 2025 purchases under the new federal tax law, allowing businesses to deduct the full cost of qualifying property upfront.

SALT cap 2025 increases the federal deduction to $40,000, adds income phaseouts, and includes a sunset returning the limit to $10,000 in 2030.