July 2025. The One Big Beautiful Bill is signed into law. Tax professionals and corporate leaders alike scrambled to understand potential impact on their businesses. From shifts in bonus depreciation and Section 179 expensing, to changes in clean energy credits and R&D deductions, this sweeping legislation is reshaping corporate tax planning for 2025 and beyond. And your business and team must not only respond with agility, but get out in front of it.
Adapting with confidence in a changing tax landscape
At Wolters Kluwer, we know staying compliant and agile in this environment requires more than just awareness. It takes the insights – often deep, but always precise – and the right technology to adapt – even get ahead - with confidence. That’s why our Corporate Tax team is arming you with some valuable resources, helping you stay ahead of the curve.
Explore expert perspectives and practical tools
Below, you’ll find two of our most popular resources focused on navigating the changes in direct tax. The first is a short podcast episode distilling the most important highlights. The second is a video demonstrating how our tools can help reduce the lift.
Stay informed with this podcast: Expert analysis on the One Big Beautiful Bill
In a recent episode of the podcast series, Riding the Wave of Global Tax Change, we sat down with Mark Luscombe, attorney, CPA, Accounting Today columnist and Principal Analyst at Wolters Kluwer, to break down what’s inside this landmark legislation.
Mark explains how the bill emerged as a response to expiring provisions from the 2017 Tax Cuts and Jobs Act and dives into how industries like manufacturing, telecom, retail, and construction will be affected. He also discusses where IRS guidance is still pending and how timing for 2026 filings could be impacted.
Listen to the podcast episode to benefit from his expert insights and gain practical takeaways to help your organization stay ahead of these changes.
See what’s next in technology with this video: Modernizing corporate tax management
Understanding the changes is only half the battle - managing them efficiently is where the real challenge begins. See a demo of CCH Axcess™ for Corporations in this to learn how you can help your team streamline compliance and adapt with confidence.
In this session, you’ll see how CCH Axcess empowers tax professionals to:
- Automate complex tax workflows and reduce manual work
- Improve accuracy through built-in validation and audit-ready reporting
- Stay compliant with automated updates that reflect the latest regulatory changes
- Gain real-time insights across your corporate tax function
Watch the demo video here to see CCH Axcess in action and explore how it can help you take the helm to navigate today’s evolving tax landscape.
Conclusion: Stay prepared for what’s next
Tax reform brings both complexity and opportunity. With trusted insights from Wolters Kluwer and technology designed to simplify accuracy, timeliness and compliance, your organization can move forward with clarity and confidence. Explore the resources above to stay informed - and ready - for what’s ahead in 2025 and beyond.
