If you’re looking to understand how the OBBBA can empower your business, this episode is packed with clear explanations and actionable insights for entrepreneurs everywhere.

Welcome to another episode of Empowering Entrepreneurs, hosted by Glenn Harper and Julie Smith. They talk about the real impact of the OBBBA—referred to as the "big beautiful bill"—on entrepreneurs and business owners.

With lots of chatter and confusion around what this legislation actually means, Glenn Harper breaks down the concrete benefits: from locking in permanent tax rates, to making long-term business planning easier, to allowing full write-offs for heavy vehicles and essential equipment purchases.

Julie Smith joins in with practical questions, making sure listeners know how these changes could directly affect their buying decisions and tax strategies.

PureTax, LLC

Top 3 Takeaways:

Locked-in Tax Rates: The OBBBA makes the current tax rates permanent, allowing entrepreneurs to plan for the future with more certainty. No more worrying about sudden tax hikes after sunset clauses expire!
Permanent Qualified Business Income Deduction: Most flow-through entities can continue to benefit from this deduction. That means more money stays in your pocket and less goes to taxes.
Immediate Asset Write-Offs: Need new equipment, vehicles, or even a factory upgrade? Purchase qualifying assets and write off 100%—right away, with no long depreciation schedules.

Running a business doesn’t have to run your life.

Without a business partner who holds you accountable, it’s easy to be so busy ‘doing’ business that you don’t have the right strategy to grow your business.

Stop letting your business run you. At Harper & Co CPA Plus, we know that you want to be empowered to build the lifestyle you envision. In order to do that you need a clear path to follow for success

Our clients enjoy a proactive partnership with us. Schedule a consultation with us today.

Download our free guide - Entrepreneurial Success Formula: How to Avoid Managing Your Business From Your Bank Account.

Glenn Harper, CPA, is the Owner and Managing Partner of Harper & Company CPAs Plus, a top 10 Managing Partner in the country (Accounting Today's 2022 MP Elite). His firm won the 2021 Luca Award for Firm of the Year.

An entrepreneur and speaker, Glenn transformed his firm into an advisory-focused practice, doubling revenue and profit in two years. He teaches entrepreneurs to build financial and operational excellence, speaks nationwide to CPA firm owners about running their businesses like entrepreneurs, and consults with firms across the country. Glenn enjoys golfing, fishing, hiking, cooking, and spending time with his family.

Julie Smith, MBA, is a serial entrepreneur in the public accounting space. She is the Founder of EmpowerCPA™, Founder of PureTax, LLC, COO for Harper & Company CPAs Plus, and Co-host of the Empowering Entrepreneurs podcast.

Named CPA.com's 2021 Innovative Practitioner of Year, Julie led Harper & Company's transition to an advisory-focused firm, doubling revenue and profit in two years. She now empowers other CPA firm owners nationwide through consulting and speaking, teaching them how to run their businesses like entrepreneurs. Julie lives in Columbus, OH with her family and enjoys travel, coaching basketball, sporting events, and the occasional shopping spree.

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How Is The OBBBA Really Going To Affect Entrepreneurs?