The IRS will host a webinar titled “Understanding the One Big Beautiful Bill: Business Tax Provisions” on Tuesday, March 24, 2026, at 2:00 p.m. Eastern. This session is designed to benefit small business owners and will provide an overview of key business tax provisions enacted under the One Big Beautiful Bill Act (OBBB). The 120-minute webinar will also include a live Q&A session for participants.

During the webinar, attendees will learn about updates to business information reporting requirements, changes to cost recovery and expensing provisions, and modifications to business interest deduction rules. The session will also review updates affecting partnerships and small businesses, including changes to qualified small business stock exclusions and the qualified business income deduction (QBID), along with revisions to certain business-related credits and deductions such as employer-provided childcare credits, paid family and medical leave credits, dependent care assistance programs, and business meal deduction exceptions.

Small Businesses: Click here to view the webinar listing and register