What the One Big Beautiful Bill Means for Small Biz | TRA
Justin Henderson • May 28, 2025

The House Made a Move - Now It’s Time to Plan Smart

The House of Representatives passed a bill last Thursday called the "One Big Beautiful Bill." It aims to make major tax cuts from 2017 permanent. But it’s not law yet. It still needs to pass the Senate and get signed by the President.

Even so, this is your chance to think ahead. At Tax Resolution Accounting (TRA), we help small business owners get in front of tax code changes - not scramble after. Here’s what this bill could mean for you and what you can do right now.

What the Bill Includes (And Why It’s a Big Deal)

This bill could:

  • Make the 20% Section 199A deduction for pass-through income permanent
  • Stop personal tax rate increases that would hit many small business owners hard
  • Simplify tax filing for millions of entrepreneurs
  • Introduce new tax incentives for businesses creating U.S.-based jobs or investing in American-made manufacturing

For any small business focused on smart tax positioning and long-term growth, these proposals could shape your next decade of decision-making.

Why Plan Now If It Hasn’t Passed?

Even though this bill isn’t law yet, waiting could cost you. Planning now gives you a strategic edge.

At TRA, we help clients:


Run multiple 2025 tax scenario simulations based on potential law changes

Re-evaluate business entity structures (LLC, S corp, partnership) for future tax benefits

Build multi-year tax mitigation strategies tied to deductions that may vanish if the bill stalls

Forecast cash flow impacts of potential TCJA extension or rollback

High-intent tax planning now means fewer regrets later.

What If It Becomes Law?

If the bill passes, small business owners could:

  • Lock in Section 199A deduction benefits beyond 2025
  • Enjoy more predictable income tax rates
  • Make better choices about hiring, expansion, and investments

If it doesn’t pass, 2026 could bring higher tax bills and fewer deductions. Either way, planning ahead puts you in control.

TRA’s Bottom Line: Prepare for Both Outcomes

At TRA, we believe strategy beats reaction every time. Whether you need to update your tax structure or build a 3-year plan that accounts for multiple outcomes, our team is ready to walk you through it. Plans fail for lack of counsel, but with many advisers, they succeed.

We believe financial wisdom is spiritual stewardship. Let’s prepare your business to succeed in any economy.

You don’t have to guess - we can plan smarter together.

Partner with TRA Today

If the One Big Beautiful Bill becomes law, we’ll help you make the most of it. If it doesn’t, we’ll make sure you don’t get blindsided.

📞 Book your free strategy call now and get a custom roadmap for the road ahead.

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