The One Big Beautiful Bill Act: What Manufacturers Need to Know

The One Big Beautiful Bill Act (OBBBA) has been signed into law. The legislation includes many tax provisions that significantly affect manufacturers. Join Jim Dascenzo, Principal and National Director of HBK Manufacturing Solutions, and Nick Demetrios, Principal in the HBK Tax Advisory Group, to learn more about the tax, financial, and operational implications of this legislation.

 Maximizing Your 2025 Manufacturing Tax Benefits

What You’ll Learn:

• Recognize the purpose and major components of the legislation
• Identify key tax and financial implications of the bill, including changes to:
  • Bonus depreciation
  • Research and development expensing
  • Qualified business income (QBI) deduction
  • The small taxpayer definition for manufacturers
  • Taxes on overtime
• Identify operational implications of the bill for manufacturers, including how it could affect labor considerations and supply chain decisions
• Recognize key due dates and effective dates that manufacturers should monitor.
• Recognize steps necessary for tax planning for 2025 and beyond