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Financial ledger with handwritten entries and calculations, representing accounting and bookkeeping.
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2025 Year-end tax moves for businesses

Explore essential 2025 year-end tax strategies for businesses, updated for the One Big Beautiful Bill Act (OBBBA). From QBI planning to bonus depreciation, entity structure, and reporting changes, this guide helps you make informed, compliant, and tax-smart decisions before year-end.

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Sample construction materials and color swatches for building projects at MHP.
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ROI or money pit? Prioritizing home renovations with ROI and tax in mind

Every homeowner faces an endless list of potential projects, but not all renovations are created equal when it comes to your financial bottom line. Strategic home improvements can impact not only your future sale price, but also your utility bills, insurance costs, tax obligations, and overall financial position. Learn how to prioritize your project list using a financially grounded framework that considers ROI, tax opportunities, and long-term asset preservation.

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Tax documents and sticky note with "Tax time!" for MHP tax preparation services.
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KEY TAX PROVISIONS ENACTED IN THE ONE BIG BEAUTIFUL BILL ACT

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, introducing extensive changes to the U.S. tax code. Most taxpayers want to know how this will affect their business and personal returns. A large portion of this bill made permanent the tax changes we saw with the 2017 TCJA, which was set to expire at the end of 2025. While the legislation spans a wide range of policy areas, we want to present a summary of aspects of the bill that focus on the tax provisions most relevant to businesses and individuals.

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