FMG Professional Liability Quarterly Report: Q3 - 2025

THE BIG BEAUTIFUL BILL – HOW DOES IT AFFECT TAX TREATMENT FOR PROFESSIONAL SERVICES FIRMS?

The One Big Beautiful Bill Act was signed into law on July 4, 2025 following weeks of contentious debate. If your professional services firm operates as an LLC, an S corporation or a sole proprietorship, the BBB contains important tax implications for your business.

Please see full publication below for more information.

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Written by:

Freeman Mathis & Gary
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