This summer, President Trump celebrated a significant achievement with the passing of what is playfully dubbed the “one big beautiful bill.” This new law extends various tax cuts that were set to vanish at the end of the year, introduces new deductions for hardworking Americans such as those who earn tips, and provides more economic relief for senior citizens. Additionally, it expands the often-discussed state and local tax deduction, also known as SALT. But the excitement doesn’t end there; businesses across the U.S. are feeling the positive effects of this new tax law.

For instance, Gulf Distributing Company, a family-owned beverage wholesaler located in Mobile, Alabama, is one of the businesses experiencing a tax law windfall. In October, they opened their shiny new facility, a massive project that cost nearly $70 million and was supported by the financial boost from the new law. With over 1,300 employees and seven warehouses across Alabama, Florida, and Mississippi, Gulf Distributing is thriving. As a cherry on top, thanks to the law’s bonus depreciation provision, the company is allowed to deduct the full cost of new equipment in the first year, saving them loads of time and money as they grow.

The company’s new $5 million crane system, which operates like a robot assistant pulling the products that need to go on the truck, stands as a testament to this triumph. This system not only increases efficiency but also ensures that the products close to their expiration are dealt with quickly, which is great for business and helps the company run smoothly. Imagine an efficient robot working 24/7 without coffee breaks! That’s the kind of productivity businesses dream of.

Another win for Gulf Distributing is the forever 20% deduction for pass-through businesses—think of it as a little gift that keeps on giving every year. Instead of facing corporate income taxes, pass-through businesses like Gulf distribute their revenue directly to owners’ tax returns. This change ensures that Gulf continues to thrive without the burden of a massive tax increase, allowing them to keep their doors open and their employees on the payroll.

Meanwhile, not every company feels the glow of good fortune. Just down the road in New Orleans, solar energy companies are bracing for the fallout from the tax law changes. With clean energy tax credits set to phase out, businesses in the renewable energy sector are worried about potential layoffs and reduced projects. The president of a solar energy firm shared concerns about the sudden cut in homeowner credits and the strain it puts on planning for future projects. The abrupt changes, combined with the crucial need for consistent funding, put pressure on these businesses to adapt quickly to the new market conditions.

While Gulf Distributing can celebrate the relaxed tax environment and continue to invest in its future, the solar industry stands at a crossroads. Many fear that without the necessary time to adjust, businesses could face dire consequences. The tax law may benefit some, but for others, it signals uncertainty and challenges ahead. The hope is that both sides of the coin can find their footing and thrive, despite the changes brought forth by the one big beautiful bill.