“Game On: TCJA Winners and Losers— Business on the Chopping Block” To get my complete articlewith 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 profits) … [Read more...]
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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...]
Avoid Tax Pitfalls of Aircraft Ownership through an S Corporation
“Avoid Tax Pitfalls of Aircraft Ownershipthrough an S Corporation” To get my complete articlewith all the details… Are you thinking of buying an aircraft through your S corporation? Well, before you start climbing up, up and away, be aware of three dangerous storms that may be right in front of you. Check them out and you’ll navigate those pitfalls … [Read more...]
Navigate Your S Corporation Vehicle Reimbursement with Ease!
"Navigate Your S Corporation VehicleReimbursement with Ease!" To get my complete, FREE articlewith all the details… Does your S corporation reimburse you for the business use of your vehicle? If so, it's crucial to understand the ins and outs of reporting when you sell or trade in that vehicle. We've got you covered with expert insights and clear examples in our … [Read more...]
There’s Extra Tax When You Sell Qualified Improvement Property (QIP)
“There’s Extra Tax When You SellQualified ImprovementProperty (QIP)” To get my complete, FREE articlewith all the details… Do you own, or are you just thinking of owning, an office building. Or perhaps a store, a warehouse, or a factory building? If you are, there’s every chance you’re thinkingof making improvements to the interior of yourbuilding. If you do … [Read more...]