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How the new tax law could impact your ecommerce business
The One Big Beautiful Bill Act creates permanent deductions and raises reporting thresholds, easing tax burdens for small ecommerce businesses with retroactive benefits for 2022-2024, experts say.
- On January 19, 2025, OBBBA restored full 100% bonus depreciation for qualifying purchases, as passed by the U.S. Congress.
- Because many sellers operate as pass-throughs, most small ecommerce founders benefit from the permanent 20% Qualified Business Income deduction, lowering taxable income and enhancing cash flow.
- Immediate changes include allowing research and development spending deductions in the year spent with retroactive claims for businesses under $31 million, and raising the 1099 contractor threshold to $2,000 starting in 2026 while restoring the 1099‑K threshold of $20,000 and 200 transactions retroactive to 2022.
- An import-rule change requires that goods valued at or under $800 face duties starting August 29, 2025, while a federal Appeals Court left existing tariffs in place until October 14.
- Sellers are advised to work with qualified tax professionals to claim retroactive benefits for tax years 2022–2024 and reassess if online stores earning up to $80,000 can deduct up to $16,000 before federal taxes.
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How the new tax law could impact your ecommerce business | News Channel 3-12
Tada Images // Shutterstock How the new tax law could impact your ecommerce business Running an ecommerce business is hard enough — keeping customers happy, managing inventory, chasing down suppliers. Then tax season arrives, and the rules seem to have changed again. Congress just passed H.R.1, also known as the One Big Beautiful Bill Act (OBBBA), the biggest tax overhaul in nearly a decade. Buried in hundreds of pages of legalese are several ch…
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Total News Sources28
Leaning Left2Leaning Right0Center24Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
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