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Income splitting gets hyped online as “easy tax savings.” In reality, it’s one of the fastest ways contractors end up
-part of the Tech Clean CA program, it is funded by state of CA, their way of offering rebates for
🏡 Changes Ahead for Homeowners 🏡 The new One Big Beautiful Bill Act (OBBBA) locked in some important rules around
How Contractors Build Tax-Free Wealth Most contractors focus on reducing this year’s taxes. Few focus on eliminating taxes on future
As we wrap up the year, here are some IRS-approved strategies contractors can use to reduce taxable income before December
Most contractors spend 30–40 years building a successful company — working weekends, taking risks, and sacrificing time with family. But
🎉 𝗡𝗲𝘄 𝗢𝗕𝗕𝗕𝗔 𝗦𝗲𝗻𝗶𝗼𝗿 𝗧𝗮𝘅 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 – 𝗦𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝟮𝟬𝟮𝟱 🎉 If you’ll be age 65 or older on December 31,
The Balance Sheet Contractors Ignore Most contractors obsess over revenue and job profit. Few review their balance sheet monthly. That’s
You closed a $400K job. Materials and subs ran $280K. That leaves $120K — looks like profit. But when you
10 Tax Strategies Every Business Owner Should Be Using As a business owner, you work hard for your money—why give
The IRS May Owe Your Construction Business Money — But You Have to Act Fast Wednesday, 2026-07-01 Let me be
🏗️ Contractors: Don’t Miss the $15,000 Retirement Plan Start-Up Tax Credit If you run a construction business and don’t yet
Contractors Can Now Defer More Profit With the Completed Contract Method Big update for residential contractors. The completed-contract method just
The One Big Beautiful Bill Just Changed the R&D Game The OBBBA made some significant changes to the R&D tax
🏢💰 Cost Segregation Tax Strategy: Accelerating Your Tax Savings Depreciation is one of the biggest tax advantages of owning rental
Friendly reminder before the IRS and FTB send their own reminders 😅 1) S-Corp, Partnership, and Multi-Member LLC Returns –
🚨 Hiring Freelancers in California? Read This Before You Send That 1099 As of January 1, 2025, California’s Freelance Worker
🏗️If your family will eventually inherit your business property — shop, warehouse, yard, office, or land — there’s a powerful
🚧 Contractors with multiple companies — this is a common tax trap. A lot of contractors set up separate corporations
Episode 00163 – Modular Jobs Break Normal Accounting Topic: How modular construction accounting differs from traditional site-build job costing LinkedIn
If you’re just thinking about tax planning in December, you’re already behind. We recently worked with a high-income contractor who
If you’re adding payroll to your construction business, don’t treat it like a small admin step. Payroll changes the entire
How Hiring Your Kids Can Save You Big on Taxes 👨👩👧👦💸 Did you know that if you’re self-employed, hiring your
California’s New Housing Laws Are Reshaping Where Contractors Can Build Two new laws are changing the landscape for residential contractors