20% Tax deduction now permanent for Small Businesses

Series Episode 04 | One Big Beautiful Bill

Small business owners, this one’s for you!

Thanks to the One Big Beautiful Bill Act, signed on July 4, 2025, the 20% Qualified Business Income (QBI) deduction is now permanent, with no more waiting for renewal every tax season.

Here’s why it matters:
20% off taxable income: For example, $100K in profit means $80K taxable, saving up to $6,000 depending on your tax bracket.
Guaranteed minimum: Even very small QBI earners get at least $400 deductible, as long as they materially participate.
More certainty: Expanded phase-in ranges and stability for small business planning.

With this change, you can count on reliable tax benefits and better opportunities to reinvest in your business without worrying about surprise sunsets in legislation.

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