Insight
Income Insights: Big Beautiful Bill’s Impact on Businesses
Holly Swan, Allspring’s expert on tax-aware investing, summarizes the provisions of the One Big Beautiful Bill Act that have the biggest impact on businesses.

Key takeaways
- The One Big Beautiful Bill Act, signed into law on July 4, 2025, introduces a range of permanent and temporary tax changes aimed at stimulating business investment, simplifying compliance, and revising energy-related incentives.
- Holly Swan identifies and explains the provisions that most significantly affect businesses.