What the “One Big Beautiful Bill” Means for Business Owners (Especially C-Corps)
- Dewayne Williams
- Jul 11
- 8 min read
PLEASE NOTE: This blog is not me being for Trump or against Trump.
This is strictly about facts—and how new federal law affects you as a business owner.
I’ve said it time and time again: when legislation passes, whether you like the president or not, you have to assess the impact on your business. Not emotionally. Not politically. Strategically.
And here’s why:
👉 According to the IRS (source), the term “U.S. person” includes:
A citizen or resident of the United States
A domestic corporation
So whether it’s Biden, Trump, or anyone else in office—your business is bound to U.S. law. If you’ve structured your business as a domestic C-Corp, you’re treated as a legal person under U.S. tax code. You’re on the field, whether you know the rules or not.
🧠 Stop Thinking Like an Employee, Start Thinking Like a Shareholder
Employees:
Contribute to Social Security for retirement
Contribute to Medicare for future medical coverage
Contribute to 401(k) to maybe retire at 65
Shareholders and business owners:
Build asset-producing companies
Strategically spend and invest to accelerate retirement
Think in terms of ownership, equity, and structure
If you're still operating like an employee with a side hustle, you’re missing the point.
And that’s why this new legislation—The One Big Beautiful Bill signed into law on July 4, 2025—is something you need to understand if you run or plan to run a C-Corporation.
Let’s get into it.

🔥 Key Takeaways for Business Owners
✅ 1. C-Corp Owners See Major Benefits
🔹 2017 Trump Tax Cuts Made Permanent
Corporate tax rate locked in at 21%—still one of the lowest globally.
Retains international tax reforms, reducing tax burden on foreign profits.
🔹 ⚙️ Full Expensing Made Permanent – Immediate Deductions That Fuel Growth
Businesses can now deduct 100% of the cost of equipment, vehicles, or machinery in the year the asset is placed in service—no more waiting 5–7 years to depreciate.
📦 Example: Buy $300,000 worth of commercial vehicles for your delivery fleet?
Deduct all $300,000 this year.
🏗 Construction company upgrading equipment?
Take the full deduction immediately and use the tax savings to scale faster.
🎥 Content creator building a media studio?
Cameras, lighting, mics, and editing software—all can be fully deducted this year.
This is huge for:
Manufacturing
Construction
Logistics
Real estate development
Content creation and media companies
Business consultants investing in software, tools, or systems
If your company invests in physical or digital infrastructure, you now grow and save at the same time.
And here comes my favorite...
🔹 🔁 Restored Interest Deductibility – A Huge Win for Funding
Previously, interest on business loans had deduction limits. Not anymore. With this bill, interest payments on business debt can be fully deducted, giving C-Corps and capital-heavy businesses a massive edge.
🏦 Example: You take out a $500,000 loan for a new warehouse at 9% interest. That’s $45,000 in annual interest payments—now fully deductible.
This means:
Lower taxable income
Improved cash flow
More funding leverage without tax penalty
This is a green light for strategic borrowing.This is why I always say—structure your business the right way.
🔹 R&D Expensing Permanently Restored
If your business is involved in tech, product development, or innovation, you can now expense 100% of research and development costs immediately.
Perfect for:
Software startups
Manufacturing & engineering firms
Course creators, consultants, and agencies investing in original systems, frameworks, or learning platforms
Content innovators developing apps, tools, or delivery platforms
Yes, if you’re building or testing unique ways to deliver content or intellectual property, you may qualify for R&D deductions.
🔹 Opportunity Zone Enhancements
Opportunity Zones are now permanently extended and improved, incentivizing businesses to develop in low-income or rural areas.
If you're in real estate, development, or expanding operations, this is an incredible tax-advantaged strategy to grow and reduce capital gains taxes.
✅ 2. S-Corps, Sole Proprietors, and Partnerships
Even if you’re not a C-Corp, there’s still value here:
20% QBI Deduction Made Permanent for pass-through entities
No Tax on Tips or Overtime (great for hospitality and services)
Higher Standard Deduction simplifies filing and reduces taxable income
But remember: These benefits aren’t layered. You don’t get the strategic protection or long-term planning advantages of a properly structured C-Corp.
💸 Tax Relief Highlights – Personal & Family
No Tax on Tips, Overtime, or Social Security
Child Tax Credit Doubled and Permanent (up to $4,000+ per child)
New Trump Accounts for children under 18 (like enhanced 529s)
$6,000 Bonus Exemption for low- and middle-income seniors
For business owners supporting parents or children—this is real money saved.
🏢 What This Means for C-Corps Structurally
🔹 Better Tax Planning
Here’s the truth that most business owners never learn:
A properly structured C-Corp can earn $200,000—and still legally owe $0 in federal income tax.
Let’s walk through exactly how:
💼 Scenario: Your C-Corp earns $200,000 in net profit
With strategic deductions and layered structuring, you can reduce your taxable income to $0—without putting yourself on payroll.
✅ Step 1: Full Expensing – $55,000
You invest in your business:
Equipment, cameras, and lighting: $12,000
Studio or office improvements: $10,000
Software, laptops, and phones: $8,000
Business-use vehicle (100% bonus depreciation): $25,000
✔️ Deduct the full $55,000 this year under 100% expensing.
✅ Step 2: Charitable Contribution – $25,000
You donate to a qualified 501(c)(3)—preferably one you control.
✔️ C-Corps can deduct up to 10% of taxable income per year, and carry forward the rest for 5 years.
✔️ You deduct $20,000–$25,000 now depending on final taxable amount.
✅ Step 3: Holding Company Invoices – $50,000
Your Holding Company (another C-Corp you control) invoices the operating company for:
Strategic oversight
Asset management
Intellectual property licensing
Administrative services
✔️ Your C-Corp expenses the $50,000 as a legitimate business expense.
✔️ The Holding Company recognizes the $50,000 as income—but can deduct its own expenses to bring its taxable income down to zero too (e.g., insurance, travel, leasing, advisory, software).
✅ Step 4: Interest Deduction – $6,000
You’ve used a business credit line or financing. The interest is fully deductible.
✅ Step 5: Admin + Operating Expenses – $64,000
This includes:
Business insurance
Software licenses
Marketing and advertising
CRM tools
Legal & compliance
Travel and business meals
✔️ All fully deductible.
🧾 Total Deductions Breakdown
Category | Amount |
Full Expensing | $55,000 |
Charitable Contributions | $25,000 |
Holding Company Invoice | $50,000 |
Interest Expense | $6,000 |
Admin/Operations | $64,000 |
Total Deductions | $200,000 |
✅ Taxable Income: $0
✅ Federal Corporate Tax Owed: $0
💰 Bonus: Pay Yourself with Qualified Dividends
After all expenses are accounted for, your C-Corp may have no profit left to distribute. But your Holding Company can issue a qualified dividend to you from its own retained earnings.
If your AGI is under $47,025 (single) or $94,050 (married) → your dividend is taxed at 0%
If you're above that, the tax is only 15%–20%, still far below regular income tax
✔️ No W-2
✔️ No self-employment tax
✔️ No payroll headaches
✔️ Just structured cash flow
🧠 And if your C-Corp made $400,000?
Your Holding Company could invoice for $100,000+, and use its own structure to expense that down.
The larger the income, the more valuable a layered structure becomes.
💡 Bottom Line
The C-Corp isn’t about “avoiding taxes” — it’s about applying the law with intention.
C-Corps pay taxes after expenses.LLCs pay taxes before you ever get to build a strategy.
If you're trying to grow, invest, and leave a legacy — you need more than hustle.You need structure.
🔹 Stronger Funding Position
Full expensing and deductibility improves financials
Makes your company more attractive to banks, investors, and fintech lenders (Stripe, Brex, etc.)
🔹 Enhanced Legacy Planning
Your C-Corp can lease property from your REIT
Your Holding Company can own it all
Your Trust can protect it long-termThis is how you own nothing and control everything.
💼 Medicaid & Healthcare Impacts for Employers
Work requirements for able-bodied adults = potentially more available workers
Lower fraud = more stability in state budgets and Medicaid programs
Expanded HSAs & family leave credits = better benefits to attract talent
🚨 Strategic Considerations for You and Your Community
✅ Strategy | 💼 How the Bill Helps |
Form a C-Corp | Lock in low taxes, strong entity separation, and control |
Reinvest Profits | Full expensing + interest deduction = faster growth |
Use Opportunity Zones & REITs | Build assets tax-efficiently |
Hire Staff Strategically | Tax-free overtime + healthcare incentives |
Use the Legacy Builder Path | Structure with: Operating C-Corp + Parent C-Corp + REIT + Holding Company (WY) + Optional Non-Profit for maximum leverage |
📌 Final Thoughts
The One Big Beautiful Bill offers major wins for:
Middle-income business owners
C-Corps and scaling businesses
Families building legacy and structure
Entrepreneurs using holding companies and trusts
But I also want to pause and say this clearly:
I did not write this blog to endorse or attack any political figure.
And I did not write it to ignore those who may not benefit right now.
I want to be honest with you—this blog is not about who you voted for.
It’s about understanding what laws mean for your business and how to respond strategically.
I personally do not have control over what bills get passed.
But I do have control over how I move, how I lead, and how I respond.
And so do you.
I know some of you may feel left out.
Maybe you're not a C-Corp.
Maybe you're still trying to get your business off the ground.
Maybe you're just tired.
Or maybe you hate the ground Donald Trump walks on.
Some may say, “Dewayne, it’s not always about the money”—and I couldn’t agree with you more.
Others may say, “Dewayne, he doesn’t have any morals.”
I hear you. I really do.
It’s simply about: Now that the bill is passed, how do I move?
But look… I get it.
I really do.
And I want you to know—your feelings are valid.
But no matter who’s in office…
No matter what bill gets signed…
We still have to look in the mirror and ask:
Are we going to wait for someone to save us… or will we start saving ourselves?
Will we keep living check to check, or will we choose to:
Live below our means?
Cancel Netflix?
Stop scrolling and start building?
Sacrifice 12 months to live free the next 12?
You can either complain for the next 4 years about who won the election…
Or you can use the next 4 years to change your life.
This blog is simply to give business owners in my community the facts—so they can think critically and act intentionally.
So they can ask, "How does this law affect my legacy?" and "How do I adjust my strategy to protect my future?"
Because it’s easy to complain.
It’s much harder to focus on the things we can control.
When most people opened their business as an LLC and received their EIN, the IRS literally said:
“You have chosen LLC.”
That means you made a choice to structure your future around a word that means "limited."
But I chose C-Corp—because words have power.
I chose not to be limited.
Because the dictionary defines limited as:
“Restricted in size, amount, or extent; few, small, or short.”
I also chose not to label myself as a small business, because small is defined as:
“Less than normal or usual… insignificant… unimportant.”
These are choices we make.
And I chose differently.
So my final question is simple:
What will you choose?
📚 Sources & References
IRS: Classification of Taxpayers for U.S. Tax Purposes
White House: President Trump’s One Big Beautiful Bill Is Now the Law (July 4, 2025)
U.S. Senate Finance Committee: “One Big Beautiful Bill: New Tax Relief Overwhelmingly Benefits Working Class” (July 1, 2025)
U.S. Senate Finance Committee: “Crapo: One Big Beautiful Bill Delivers Historic Tax Relief, Achieves Record Savings” (June 29, 2025)
Joint Committee on Taxation (JCT): Tax Relief Distributional Analysis
Tax Foundation: Impact of Permanence in Cost Recovery Provisions
God bless you brother. I'm working on it now. Making sure my structure is safe and sound. Good read.
Thank you, Dewayne...good read!