Section 179 Deduction: What the OBBBA Expansion Means for Your Business
The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, brings major changes to federal tax policy that small and medium-sized businesses—particularly commercial property owners, building managers, and other industry professionals—need to understand. Notably, the Act expands the Section 179 deduction, allowing businesses to immediately expense qualifying property and certain improvements to nonresidential…