Description

The One Big Beautiful Bill (OB3) brings sweeping tax changes that could affect your business deductions, investment opportunities, and cash flow. Whether you work with contractors, use payment apps, or run a pass-through business, understanding what's changing could help you maximize new opportunities and avoid costly surprises next tax season. In this webinar, experts from Block Advisors by H&R Block , will break down the most important OB3 tax updates affecting small businesses. The session focuses on when key provisions take effect, how these changes may impact reporting, deductions, and overall tax planning, and what steps you should consider now to keep your business compliant and prepared. Learn about changes to: 1099-K, 1099-NEC, and 1099-MISC reporting thresholds Bonus depreciation guidelines Section 179 phaseout amounts and Qualified Business Income deduction limits Research & development deductions Rules around Qualified Small Business Stock (QSBS)