Related Resources

Article

Recent ‘Renovations’ to Fixed Asset Planning: How the OBBBA Impacts Depreciation

September 29, 2025
Article

Recent ‘Renovations’ to Fixed Asset Planning: How the OBBBA Impacts Depreciation

September 29, 2025

The One Big Beautiful Bill Act has permanently reinstated 100% bonus depreciation and introduced qualified production property (QPP), allowing immediate expensing for certain facilities. These updates provide greater stability for fixed asset planning and offer new opportunities for tax planning. Businesses should review the revised depreciation rules to make informed decisions about capital investments and eligibility for these benefits.

Read More

Article

IRS Lists Jobs that Qualify for OBBBA’s “No Tax on Tips”

September 29, 2025
Article

IRS Lists Jobs that Qualify for OBBBA’s “No Tax on Tips”

September 29, 2025

The OBBBA allows a “no tax on tips” deduction of up to $25,000/year for 2025–2028 for certain tipped occupations. The deduction phases out at $150,000 AGI. New tip reporting rules start in 2026. SSTB occupations are excluded.

Read More

Article

Workday Rising 2025: Key Innovations and Takeaways

September 26, 2025
Article

Workday Rising 2025: Key Innovations and Takeaways

September 26, 2025

The BDO Workday team returned from Workday Rising 2025 with key insights on AI, leadership, and the future of work. Read the insight to discover how human-centric innovation is shaping tomorrow’s organizations.

Read More

Article

California FTB Updates Sourcing Rules for Sales of Services and Intangibles

September 23, 2025
Article

California FTB Updates Sourcing Rules for Sales of Services and Intangibles

September 23, 2025

The California Franchise Tax Board has adopted amendments to its market-based sourcing regulation, effective for tax years beginning January 1, 2026. Key changes include updated rules for sales of marketable securities, removal of distinctions between individual and business customers, and new requirements for the reasonable approximation method. Taxpayers seeking to change their method must notify and obtain prior approval from the FTB.

Read More