OBBBA Tax Changes for New Jersey Small-Business Owners in 2026

The One Big Beautiful Bill Act, commonly called the OBBBA, changed the tax-planning landscape for New Jersey small-business owners. Signed into law on July 4, 2025, the law made several major federal tax provisions permanent, including the 20% qualified business income deduction and 100% bonus depreciation. It also increased the federal Section 179 deduction, temporarily […]