Bad Debt Deduction
I get this scenario/question all the time: You finish an $18,000 job. The client went out of business. You nev...
Contractor Deductions
Top Deductions Contractors Shouldn’t Miss
A lot of contractors are missing deductions they should already be taking.
The problem usually isn’t lack of ...
Construction AI Tools
The underground construction AI tools that 99% will never discover: See below 1. Embrace Predictive Analytics for Cost Savings Use AI to predict project costs with 90% accuracy.
Charitable Contributions for Non-Itemizers
New Charitable Deduction for Non-Itemizers Starting in 2026, taxpayers who don’t itemize deductions will have a new opportunity to reduce their taxable income through…
Tax Write-Offs CA Contractors Are Missing
Most California contractors think they're taking the same deductions as everyone else. They're not.
Californi...
199A Deduction Optimization
If you run your construction business as an S corp, LLC, or sole prop, you should know the Section 199A deduct...
Work Clothes Deductibility
Work Clothes & Tax Deductions for Contractors Quick IRS rule: Work clothes are not deductible unless they’re not suitable for everyday wear.
Actual Expense vs Standard Mileage
If your business driving has dropped this year, it might be time to rethink how you deduct your vehicle expens...
ER Child Care Credit
Finding (and keeping) skilled workers has been one of the biggest challenges in construction the last few year...
Your Kids Are a Tax Write-Off
Friday, 2026-05-29 — Your Kids Are a Tax Write-Off
A contractor walked into my office last month. Three kids....
Leasing vs Buying Equipment
Every contractor hits this crossroad at some point: Do I lease that new skid steer, dump truck, or excavator… or just buy it outright?
Health Reimbursement Account
Did you know your business can reimburse medical expenses—tax-free—for you and your family?
Digitize Receipts
Protect Yourself: Digitize Tax Receipts When it comes to an IRS audit, one of the top reasons taxpayers lose deductions is simple: missing or incomplete documentation.
Pet Write-off
Can You Write Off Your Pet on Your Taxes? It depends… but in some cases, yes, you actually can.
Top 10 Contractor Deductions
Top 10 Tax Deductions Every Construction Contractor Should Be Taking (Keep more of what you earn ) Most contractors don’t overpay taxes because they make too much… They…
What Contractors Need to Know About the New Casualty Loss Deduction
If you’ve ever had a job site hit by a flood, wildfire, or storm — you know the physical damage can be devasta...
Health Reimbursement Accounts
Tax Strategy Spotlight: Why More Businesses Should Be Talking About Health Reimbursement Accounts (HRAs) One often overlooked tax strategy available to business owners are Health Reimbursement Accounts (HRAs).
Travel Reimbursements
The Right Way to Ask Your C or S Corporation for Travel Reimbursements
Keep these basic rules in mind when y...
Stop Putting Truck & Equipment Inside Corp
Contractors with a C-Corp: Stop putting your truck & equipment inside the company. Here’s a strategy more contractors should know (and do correctly): Personally own the asset… and lease it to your corporation.
Stop Leaving Money on the Table: Top Deductions Contractors Are Missing
A lot of contractors are missing deductions they should already be taking. The problem usually isn’t lack of e...
Selling Equipment? The Tax Surprise Contractors Don’t See Coming
A lot of contractors think the tax strategy ends when they write off the equipment.
It doesn’t.
If you sell a ...
A lot of contractors think the tax strategy ends when they write off the equipment.
It doesn’t. If you sell a truck, machine, or other business asset after taking depreciation deductions, you may trigger depreciation recapture and create taxable income you were no
The 2026 Truck Write-Off Everyone Gets Wrong
Buying a truck doesn’t automatically mean a massive write-off. The strategy matters. Here’s what actually determines your deduction:• Vehicle weight (under vs over 6,000 lbs)• Busi
Most contractors think donating equipment, materials, or supplies is a “safe” tax write-off.
It’s not. A recent Tax Court case denied a $6,760 charitable deduction — not because the donation was fake… but because two small details were missing: • No donation date• No item
The Family Tax Rule That Kills Deductions
Construction owners with multiple LLCs — this one’s important. You can sell equipment to your spouse’s company at a loss…And lose the entire deduction. No fraud. No penalties. Just