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The One, Big, Beautiful Bill: What Contractors Need to Know | Finance Facts

The One, Big, Beautiful Bill: What Contractors Need to Know | Finance Facts

The new details from the House fact sheets confirm that virtually every tax break a contractor cares about—faster equipment write‑offs, bigger interest deductions, lower payroll taxes on OT, and less 1099 paperwork—is either doubled, made permanent, or both. The sooner you realign your financing strategy to these rules, the greater your competitive edge in 2025 and beyond. For most construction firms, the One Big Beautiful Bill makes buying or financing equipment—and the associated borrowing costs—much cheaper after taxes. Use the extra cash to win more bids, staff up, or simply sleep better knowing your working capital cushion has just got thicker.