The One, Big, Beautiful Bill: Key Insights for Manufacturers

For manufacturers, the One, Big, Beautiful Bill created new variables to consider when reviewing tax strategy and long-term planning. Here’s a breakdown of the changes and their impact.
Jan. 27, 2026

Manufacturers can gain a clear breakdown of how the One, Big, Beautiful Bill (H.R. 1) affects their tax strategies and planning. It explains key provisions such as permanent extension of favorable business tax rules, restored 100% bonus depreciation, a new manufacturing facility deduction, full expensing for domestic R&D, modified interest limitations, and changes to state and local tax deductions. The guide also highlights international tax updates and reporting changes. With practical planning considerations from industry tax specialists, readers will better understand opportunities and complexities introduced by this significant legislative tax overhaul.