OBBBA R&D Tax Credit Updates
The One Big Beautiful Bill Just Changed the R&D Game
The OBBBA made some significant changes to the R&...
Tax Law & Compliance Updates
Tax Deadline Reminder
Friendly reminder before the IRS and FTB send their own reminders 1) S-Corp, Partnership, and Multi-Member LLC Returns – Today is the filing deadline for these entity returns.
3 Last Minute Tax Strategies Contractors Can Take
If you’re just thinking about tax planning in December, you’re already behind.
We recently worked with a high-...
OBBBA Paying Children
The OBBBA: the “Hire Your Child” Tax Strategy If you own a business and have children, the One Big Beautiful Bill Act (OBBBA) just made one of the most popular family…
Year-end Bonus
Many contractors running S-corps think, “I’ll just pay myself a big bonus at year-end, withhold taxes, and cal...
Crypto YE Strategies
A lot of my contractor clients hold significant crypto positions as liquidity reserves in their business, so I...
Paid Family Leave Tax Credit
Paid Family Leave Tax Credit May Soon Be Permanent – Here’s What Employers Should Know The Employer Credit for Paid Family and Medical Leave (IRC §45S) has been an underused…
EV Tax Credit
Clean Vehicle Credits Are Ending Soon If you’ve been eyeing an electric vehicle — or advising clients who are — now’s the time to act.
Bonus 5 Tax Mistakes Small Business Owners Make
The 5 Biggest Tax Mistakes Small Business Owners Make (and How to Avoid Them)
Running a business is tough enou...
WOTC
WOTC Extended Through 2029 Under the OBBBA – What Employers Should Know The Work Opportunity Tax Credit (WOTC) — a valuable federal incentive that rewards businesses for…
FinCen BOI Updates
Game On (Again): FinCEN BOI Reports Due March 21, 2025
The court lifted its injunction. That means the game i...
Write-up – Solar Tax Credit Expiring
Solar Tax Credit at Risk: Why Homeowners Should Act Now If you've been considering solar panels or other clean energy upgrades, 2025 may be your last chance to take full…
AMT Changes
AMT Changes Coming in 2026 High earners: the AMT is coming back stronger. The Tax Cuts and Jobs Act gave most taxpayers relief from the Alternative Minimum Tax (AMT).
Hobby Loss Limitation Rules
If you’re running a construction business, whether you’re flipping houses, or taking on projects part-time, ma...
Gamblers Face Harsh New Tax Rules
Gamblers Face Harsh New Tax Rules Tax law is changing for gamblers—casual and professional alike. Starting in 2026, the OBBBA limits gambling loss deductions to 90% of losses. The other 10%? Gone forever.
FB Ad – Tax Planning
If you’re an HVAC con tractor, chances are you’re paying too much in taxes. We see it all the time, con tracto...
SBA Loan
NEW SBA DISASTER LOAN AVAILABLE If your business was impacted by the civil unrest in LA County between June 6 – June 18, 2025, the Small Business Administration (SBA) is now…
Tax Planning Starts Now
LinkedIn Write-Up Most contractors wait way too long to think about taxes. By December, a lot of the best moves are already boxed in. Payroll may already be wrong. Equipment may not be placed in service.
b 2025 R&D Expensing
Will Congress Fix R&D Expensing in 2025? Businesses investing in R&D have been struggling since 2022, when full expensing was replaced with mandatory 5-year amortization (15 years for foreign R&D). The result?
Contractor Tax Strategies
I’ve seen clients go from nothing to thriving using these tax strategies: 1. Unlock Hidden Deductions Most contractors miss 50% of available deductions.
Stock Strategies
Most contractors I work with have money in the market, maybe a brokerage account, maybe some long-term holding...
OBBBA Energy Efficient Home Credit
Energy-Efficient Home Credit — Major Change Under OBBBA Before OBBBA: Under IRC §25C, homeowners could claim a credit equal to 30% of expenditures on qualified…
2026 Tax Deadlines
2026 Tax Deadlines You Need on Your Radar Between job sites, crews, retainage, and cash flow swings, tax deadlines will sneak up on you.
EV Tax Credits
Act Now on Electric Vehicle Tax Credits
If you’re thinking about purchasing an electric vehicle for your busin...
EV Charging Credit
Thinking About Installing EV Charging Stations? Here's a Key Tax Deadline Under IRC §30C, businesses can currently claim a tax credit of up to $30,000 for installing eligible…