In this episode we explore implications of the newly signed OneBig Beautiful Bill Act of 2025 for forest-based small businesses. This act significantly overhauls federal taxpolicy, primarily benefiting sole proprietors and pass-through entities in the logging, forestry, and sawmilling sectors through several key provisions. Theseinclude a permanent increase in the Qualified Business Income (QBI) deductionfrom 20% to 23%, allowing a larger share of business profits to be shieldedfrom federal tax, and a substantial doubling of Section 179 expensing limits to $2.5 million, enabling businesses to deduct the full cost of equipment purchases in the year they are placed in service. Additionally, the Act significantly boosts estate tax exemptions to $15 million per individual, removing a major barrier to intergenerational succession for family-runbusinesses.
