Income Splitting
Income splitting gets hyped online as “easy tax savings.” In reality, it’s one of the fastest ways contractors...
Uncategorized
Newsletter
-part of the Tech Clean CA program, it is funded by state of CA, their way of offering rebates for going green...
Mortgage Interest and Insurance
🏡 Changes Ahead for Homeowners 🏡
The new One Big Beautiful Bill Act (OBBBA) locked in some important rules aro...
How Contractors Build Tax-Free Wealth
How Contractors Build Tax-Free Wealth
Most contractors focus on reducing this year’s taxes.
Few focus on elimi...
Prepay Expenses Using the IRS Safe Harbor
As we wrap up the year, here are some IRS-approved strategies contractors can use to reduce taxable income bef...
Dynasty Trusts
Most contractors spend 30–40 years building a successful company — working weekends, taking risks, and sacrifi...
Senior Citizens
🎉 𝗡𝗲𝘄 𝗢𝗕𝗕𝗕𝗔 𝗦𝗲𝗻𝗶𝗼𝗿 𝗧𝗮𝘅 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 – 𝗦𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝟮𝟬𝟮𝟱 🎉
If you’ll be age 65 or older on December 31, 2025, the One...
Balance Sheet for Contractors
The Balance Sheet Contractors Ignore
Most contractors obsess over revenue and job profit.
Few review their bal...
Job Costing Know If Projects Are Profitable
You closed a $400K job. Materials and subs ran $280K. That leaves $120K — looks like profit. But when you add ...
10 Tax Strategies Every Business Owner Should Be Using
10 Tax Strategies Every Business Owner Should Be Using
As a business owner, you work hard for your money—why g...
IRS May Owe Your Construction Business Money
The IRS May Owe Your Construction Business Money — But You Have to Act Fast
Wednesday, 2026-07-01
Let me be ...
Retirement Plan Startup Credit
🏗️ Contractors: Don’t Miss the $15,000 Retirement Plan Start-Up Tax Credit
If you run a construction business ...
Contractors Can Now Defer More Profit With Completed Contract Method
Contractors Can Now Defer More Profit With the Completed Contract Method
Big update for residential contracto...
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&...
QOZ
The underground OBBBA Qualified Opportunity Zones tactics that 99% will never discover:
1. Not just for the w...
Cost Segregation
🏢💰 Cost Segregation Tax Strategy: Accelerating Your Tax Savings
Depreciation is one of the biggest tax advanta...
Tax Deadline Reminder
Friendly reminder before the IRS and FTB send their own reminders 😅
1) S-Corp, Partnership, and Multi-Member L...
Freelancers in CA
🚨 Hiring Freelancers in California? Read This Before You Send That 1099
As of January 1, 2025, California’s Fr...
– Estate tax exclusion
🏗️If your family will eventually inherit your business property — shop, warehouse, yard, office, or land — the...
Controlled Group Trap
🚧 Contractors with multiple companies — this is a common tax trap.
A lot of contractors set up separate corpor...
Modular Jobs Break Normal Accounting
Episode 00163 - Modular Jobs Break Normal Accounting
Topic: How modular construction accounting differs from t...
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-...
Payroll Can Wreck You
If you’re adding payroll to your construction business, don’t treat it like a small admin step.
Payroll chang...
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...
California’s New Housing Laws Are Reshaping Where Contractors Can Build
California's New Housing Laws Are Reshaping Where Contractors Can Build
Two new laws are changing the landscap...