Tax credit experts reveal key next steps from One Big Beautiful Bill: R&D spending and Commercial property wins, while Energy Credits slashed

Ahead of hosting a webinar on July 16th at 10:00 A.M. CST (11:00 A.M. EST), Matt McKinney, Senior Director Tax Accounting Methods & Credits and Imran Syed, PE, LEED AP, CEM, Managing Director, Energy Services at Source Advisors, advises accountants on the immediate client actions to take.

Signed into law on July 4, 2025, the One Big Beautiful Bill (OBBB) ushers in sweeping tax reforms that will reshape planning strategies for individuals, businesses, real estate developers, and investors beginning in 2025.

On July 16 at 10:00 A.M. CST (11:00 A.M. EST), Matt McKinney, Senior Director of Tax Accounting Methods & Credits, and Imran Syed, PE, LEED AP, CEM, Managing Director of Energy Services at Source Advisors, a nationally recognized specialized tax consulting firm, will lead a Tax Legislation Townhall examining the far-reaching impacts of the One Big Beautiful Bill (OBBB).**

Source Advisors' experts will break down the recently passed "One Big Beautiful Bill" (OBBB) and its implications for taxpayers and tax planning. The session will also highlight real-world examples of these changes and clarify common questions on bonus depreciation, provide updates on R&E expensing, and explore new developments in Energy Tax Incentives.

Key highlights of the webinar include:

§174 Expensing (R&D Costs): One of the biggest potential wins here is the repeal of mandatory amortization for R&D costs, which would allow all businesses to return to R&D expensing in 2025 and the option for eligible small businesses to retroactively deduct expenses back to 2022.
Depreciation & Real Estate Provisions: 100% Bonus depreciation returns with new provisions for "Qualified Production Property," offering immediate write-off potential for qualifying manufacturing-related real estate projects.
Energy Credits (§45L, §179D, ITC/ PTC): Energy incentives like §45L and §179D phases out 6/30/2026, making it important for builders and developers to act quickly. Eligible technologies, such as solar and geothermal, under Investment & Production Tax Credits have different phase-out schedules and new foreign entity of concern (FEOC) requirements.
The 2025 budget reconciliation presents a key opportunity for CPAs to transform complex tax changes into strategic advantages for their clients.

Space is limited, reserve your spot here: https://sourceadvisors.com/webinars/impact-of-the-one-big-beautiful-bill-webinar-registration/

Press Contact:
Leila Rayburn
leila.rayburn@sourceadvisors.com

Contact Info
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Fort Worth, TX 76109

About Source Advisors:

Source Advisors has been a trusted partner to leading accounting firms, industry associations, and Fortune 1000 companies for over 40 years, delivering specialized federal and state tax incentive solutions. Headquartered in Fort Worth, TX, its global team of over 200 professionals provides tailored tax strategies-covering R&D Tax Credits, Cost Segregation, Sales and Use Tax, Property Tax, LIFO, §179D, §45L, and Energy Tax Credits-to help businesses optimize savings and minimize risk.

This release was published on openPR.