Thank you for joining us at the AFairchild Lunch Presentation!

Presented by Annie Fairchild and Troy Womack

It was such a pleasure to connect face-to-face and share important updates—especially around the One Big Beautiful Bill, a sweeping new law that impacts every business owner. We also introduced our Business Health Check, a powerful tool designed to help you evaluate key areas of your business and uncover opportunities for improvement. We hope you walked away with insights you can put into action!

Key Highlights

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Trump Accounts for Minors

A new savings plan for individuals under 18 was introduced, offering a $1,000 credit for accounts opened for children born between 2025 and 2028. Contributions can be made by parents or employers, with withdrawal restrictions based on age and purpose..

Changes to Bonus Depreciation Rules

Bonus depreciation has been restored to 100%, allowing businesses to fully deduct the cost of qualifying assets in the year of purchase. This provision applies to assets acquired after January 19, 2025.

 

R&D Tax Credit Updates

Changes to R&D expense amortization rules were discussed, with a return to full deductibility in 2025. Attendees were encouraged to explore whether their activities qualify for R&D credits.

Focus on Manufacturing Incentives

New provisions encourage investment in manufacturing properties by allowing full expensing of construction or acquisition costs for qualified production properties.