CFO Leadership | Big, Beautiful Tax Changes: Reaping the Benefits

Matthew Friedman shared insights with CFO Leadership on the tax implications of HR 1, otherwise known as the One Big Beautiful Bill.

The article notes that that while the law will add $3.4 trillion in debt to the US balance sheet over the next 10 years, it also offers levers to make substantial tax and business planning changes to boost profitability and balance sheets while reducing cash tax payments. In the article, Matt discusses how companies should navigate the new tax environment to balance the potential upsides against the potential risk. “The significant upfront tax savings could put a taxpayer with a large capex into a tax loss position,” says Friedman, “which could generate an operating loss carryforward. But before taking deductions and deciding on expensing timelines, companies need to consider the law’s entire scope.”

Read Matt’s full commentary in the article on cfoleadership.com.

Connect with Portage Point Partners to learn how the tax plan could impact your business.