CBIZ, Inc., a national professional services advisor, has released its 2026 Tax Planning Guide, helping businesses and individuals navigate changes under the One Big Beautiful Bill Act (OBBBA). The guide outlines key tax shifts and practical strategies for 2026 and beyond, covering topics from net operating losses to AI and automation impacts.
Joseph Perry, National Leader of Tax Services at CBIZ, called the OBBBA “one of the most significant overhauls to tax policy in recent years,” adding that the guide helps decision-makers turn complexity into clarity and strategy into savings.
Key Highlights from the 2026 Tax Planning Guide:
- Major OBBBA Changes: Immediate deductibility of domestic research and experimental expenses, 100% bonus depreciation, expanded Section 179 expensing, and higher estate and gift tax exemptions.
- New and Expanded Incentives: Qualified production property now allows a 100% deduction for certain construction projects; Qualified Opportunity Zones and 1202 Qualified Small Business Stock (QSBS) offer new deferral and exclusion opportunities; individual tax benefits include higher state and local tax caps, deductions for tip income and overtime, and temporary senior-focused bonuses.
- Entity Selection: Changes to C corporations and pass-through entities may affect which structure is most beneficial for businesses.
- Sector Analysis: The guide provides a chart showing how different industries are affected, helping organizations prioritize compliance and planning.
- International Updates: Tariffs and global trade shifts now play a key role in U.S. tax strategy.
The guide is intended as a resource for proactive tax planning, emphasizing opportunities created by recent legislation rather than treating tax strategy as a year-end task.
