Trump bill makes 100% tax write-off a forever thing that could save some US taxpayers six figures. Are you one of them?

Core Insights - The One Big Beautiful Bill Act, passed on July 4, 2025, significantly overhauls the U.S. tax code, introducing tax credits and deductions for seniors and high-income households [1] - The act also makes permanent the 100% bonus depreciation provision from the 2017 Tax Cuts and Jobs Act, benefiting business owners and real estate developers [2] Tax Benefits for Businesses - The 100% bonus depreciation allows business owners to deduct the full depreciation of capital assets in the current tax year, rather than spreading it over several years [5][6] - This change can lead to substantial tax savings, potentially exceeding seven figures for some businesses [3] - The primary goals of the 100% bonus depreciation are to spur domestic investment, improve cash flow for businesses, and reduce taxes quickly [7]