The One Big Beautiful Bill: What Small Business Owners Need to Know
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The One Big Beautiful Bill: What Small Business Owners Need to Know
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In this must-watch episode of the Profitable Painter Podcast, Richard Dunton, Enrolled Agent and Advising Director for Profitable Painter CPA, breaks down the controversial House Resolution No. 1 (HR 1), the so-called "One Big Beautiful Bill", and how it could drastically impact your taxes, deductions, and bottom line as a small business owner.
🔹 Will the government raise taxes in 2025?
🔹 Hidden pitfalls in the new tax bill, what they’re NOT telling you!
🔹 Child tax credits, overtime rules, and SALT deductions, will you win or lose?
🔹 100% bonus depreciation is BACK (but for how long?)
🔹 The #1 tax strategy every painting business owner MUST know before 2026!
This isn’t just politics, it’s your money, your business, and your future. Whether HR 1 passes or fails, you need to act NOW to avoid a nasty surprise at tax time.
📢 WARNING: The information in this episode could save you thousands. Don’t wait until it’s too late, watch now and prepare!