How the One, Big, Beautiful Bill Act Reshapes R&E Tax Treatment – Strategic Tax and Compliance Implications for Businesses

The One, Big, Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, marks one of the most transformative tax developments for innovation-driven businesses in recent years. Among its many provisions, the Act fundamentally overhauls the tax treatment of Research and Experimental (R&E) expenditures, effectively reversing the restrictive capitalization rules introduced under the 2017 Tax Cuts and Jobs Act (TCJA).

Quality of Earnings (QoE) Analysis in Financial Due Diligence

When preparing a business for sale, the Quality of Earnings (QoE) report often becomes a centerpiece of the process. But what exactly is it, and why does it matter so much?

A QoE report dives deep into a company’s earnings, separating recurring revenues from one-time windfalls and identifying trends, risks, and irregularities. It answers a key question for potential buyers: “Is this business’s financial performance sustainable in the future?”

ESG in Investing

In recent years, interest in environmental, social, and governance (ESG) investing has exploded. This increased interest is a result of a growth in global business risk