Income Splitting
Income splitting gets hyped online as “easy tax savings.” In reality, it’s one of the fastest ways contractors...
Entity Structure
Controlled Group Trap
🚧 Contractors with multiple companies — this is a common tax trap.
A lot of contractors set up separate corpor...
Hiring Your Kids as a Sole Proprietor
How Hiring Your Kids Can Save You Big on Taxes 👨👩👧👦💸
Did you know that if you’re self-employed, hiring your...
C-Corp Charitable Contributions 2025
If your construction company donates to charity each year, be mindful that the OBBBA adds a new rule starting ...
When Construction Deals Fail The Tax Fallout
🚧 When Construction Deals Fail: The Tax Fallout
Contractors often spend real money trying to buy:
• Another co...
Setting up Your Entity
Most contractors think setting up an LLC means they’re “done.”
They’re not.
What I see all the time:
– No EIN
...
Q-Sub
🏢 QSub vs. LLC: Which Structure Works Best?
For S corporation owners, forming a Qualified Subchapter S Subsidi...
One Lawsuit Will Wipe You Out
Tuesday, 2026-05-26 — One Lawsuit Will Wipe You Out
I watched a contractor lose his truck, his house, and alm...
Loans vs Capital Contributions
If you own a construction company, you’ve probably put personal money into the company at some point. Payroll ...
Calendar Year vs Fiscal Year for Contractors
When you started your construction company…
Did you intentionally choose your tax year?
Or did it just default...
S-Corp Salary Mistakes that Trigger Audits
S-Corp Salary Mistakes That Trigger Audits
If you’re a contractor with an S-Corp paying yourself $40K while ne...
How to Pay Yourself From Your Business
How to Correctly Pay Yourself and Take Cash from Your Business 💰
One of the most common questions I get from b...
S-Corp Reasonable Comp
🟣Contractors: S-Corp “Reasonable Salary” Can Make or Break Your Tax Savings
Everyone wants an S-Corp for one r...
Best Retirement Plan Options for Solo-Owned S Corporations
Best Retirement Plan Options for Solo-Owned S Corporations
As a solo business owner operating under an S corpo...
Corporate Charitable Contributions
Corporate Charitable Contributions: Important Tax Change Ahead
Under current law, C corporations can deduct c...
S-Corp Reasonable Comp Last Minute Adjustments
If you run an S-Corp and pay yourself a salary + distributions, December 26 is not too late to fix one of the ...
S Corps
“S corp saves taxes.”
Sometimes true.
Sometimes very expensive advice.
An S corporation is not a badge of succ...
S-Corp Loss Write-off Advantage
Contractors: The S-Corp “Loss Write-Off” Advantage Nobody Explains Simply
Most contractors think S-Corps are o...
Benefits of a C-Corp
Most contractors default to an S Corp because they’ve been told it “saves taxes.”
But that advice can cost you...
LLC
🚧 Contractors: Should You Have an LLC? (The Real Answer)
If you’re a construction contractor still operating u...
One Lawsuit Will Wipe You Out
If you're running a construction business as a sole proprietor, your personal assets are exposed every single ...
Liquidating Your S-Corp
Shutting down an S Corp is not as simple as just walking away from it.
A lot of contractors assume they can s...
QSub
If you operate your construction business as an S corporation, you probably know it’s tax efficient for self-e...
Shutting down an S Corp is not as simple as just walking away from it.
A lot of contractors assume they can stop using the entity and move on. Wrong. If the S election is not properly revoked, the IRS can still expect returns, compliance, and recordke
Most contractors default to an S Corp because they’ve been told it “saves taxes.”
But that advice can cost you—especially as you scale. At higher profit levels, the real opportunity isn’t just minimizing taxes… it’s controlling how and when you pay them. That’s