Major tax changes are on the horizon, and mortgage lenders need to prepare. The One Big Beautiful Bill Act (OBBBA) makes permanent several provisions from the Tax Cuts and Jobs Act (TCJA), while introducing new rules around depreciation, 1099 reporting, R&D credits, and more.
On September 9, 2025, Advisent’s tax experts John Czechowicz and Lucy Turek were joined by Alex Pak and David Finley from Source Advisors for a practical discussion on how these changes will impact mortgage companies in 2025 and beyond.
What was discussed:
- Key TCJA provisions that are now permanent and how they affect mortgage companies
- Changes to 1099 reporting thresholds and deductions for mortgage interest and SALT
- Bonus depreciation vs. Section 179 expensing: how to plan for asset purchases
- The return of 100% deductibility for R&D expenses—and what it means for your tax strategy
- Why 2025 is a critical year for R&D credit planning and how to act now
- When and why amending prior tax returns could create significant benefits
- Top tax-saving opportunities under the new rules, even if you haven’t claimed R&D credits before
Watch the recording here: