▪The tax breaks in the One Big Beautiful Bill Act aim to offset tariff drag by supercharging domestic investment—especially in defense, Artificial Intelligence, and rural development.

▪Expanded exclusions for Qualified Small Business Stock and new rules for Qualified Opportunity Zones make tax-aware investing even more powerful.

▪100% bonus depreciation is back. Immediate expensing is now permanent and expanded to include used equipment and new asset classes.

▪Proceed—but carefully. With elevated recapture risk and tighter reporting, execution and compliance will matter. Consult your advisors before acting.