“The Right Way to Ask Your C or SCorporation for Travel Reimbursements” To get my complete article with all the details… As the owner and sole employee of your S or C corporation, you should be getting reimbursed for business expenses like travel, lodging, and mileage. But if you're not handling it correctly, you could be losing valuable tax deductions—or worse, … [Read more...]
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Drive Down Your 2025 Taxes with This Vehicle + Home Office Strategy
“Heavy Vehicle + Deductible Home Office= Major Tax Savings” To get my complete article with all the details… Did you know that buying a "heavy" vehicle for your business could lead to a $61,824 first-year tax write-off on a $90,000 purchase? In our latest tax strategy guide, discover how combining a qualifying heavy vehicle with a home office deduction can maximize … [Read more...]
Your Business Tax Breaks Could Vanish Soon—What’s at Risk?
“Game On: TCJA Winners and Losers— Business on the Chopping Block” To get my complete article with all the details… Warning: The tax landscape is about to shift dramatically. The TCJA provisions expiring in 2025 could substantially increase your tax burden overnight. Are you prepared for: Your qualified business income deduction (worth up to 20% of your … [Read more...]
EV Tax Credits in 2024: Surprising Ways to Save Big
“Tax Credits for EVs:What’s New?” To get my complete article with all the details… Did you know leasing an EV might save you more money than buying one outright? Nearly two-thirds of all EV transactions this year have been leases - and there's a good reason. While the standard $7,500 tax credit for purchasing an EV comes with strict income caps and vehicle … [Read more...]
Last Chance for MASSIVE Tax Savings on Business Vehicles in 2024!
"Last Chance for MASSIVE Tax Savingson Business Vehicles in 2024!" To get my complete articlewith all the details… Did you know you could potentially write off up to $70,000+ on a new business vehicle this year? But you must act before December 31st! Here's what's possible: Write off up to $1.22 MILLION on qualifying pickup trucks and cargo vans Claim up to … [Read more...]