Why Busy Contractors Still Feel Broke
Why Busy Contractors Still Feel Broke
If you’re doing $1M–$5M a year and still feel tight on cash, your income...
Uncategorized
Last Minute Tax Write-offs for Contractors
Some last minute tax deductions for contractors before the year ends:
1️⃣ Maximize Home Office Deductions
→ Ca...
2026 Vehicle Deductions
2026 Vehicle Deductions (Trucks & SUVs)
Contractors: buying a truck in 2026? Read this first.
100% bonus d...
Your Bookkeeper Doesn’t Know Your Job Costs
Your Bookkeeper Doesn't Know Your Job Costs—And It's Costing You
You finish a $300K job. The books say you m...
– Travel Expense Shortcut
Construction Contractors: Stop Drowning in Travel Receipts
If you run a construction company, you already know...
The Family Tax Rule that Kills Deductions
The Family Tax Rule That Kills Deductions
Construction owners with multiple LLCs — this one’s important.
You ...
Three SECURE 2.0 Changes
🚧 Contractors: Three Quiet IRS Changes That Can Affect Your Cash Flow in 2026 🚧
The IRS just finalized rules t...
Senior Citizen Tax Deduction
🎉 𝗡𝗲𝘄 𝗢𝗕𝗕𝗕𝗔 𝗦𝗲𝗻𝗶𝗼𝗿 𝗧𝗮𝘅 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 – 𝗦𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝟮𝟬𝟮𝟱 🎉
If you’ll be age 65 or older on December 31, 2025, the One...
AI in Construction
E147 LI Write-up - AI in Construction
AI is reshaping construction job management. Here's the real impact:
Yo...
Common Paymaster
For contractors are thinking of spinning off new divisions or creating subsidiaries: If you now own 2+ entitie...
2025 Health Insurance Options for Contractors
If you run a construction business — whether it’s just you, you and your spouse, or a small team, there’s stil...
Bonus Depreciation
Bonus Depreciation Could Be Back at 100%
I’ve mentioned the proposed “One Big Beautiful Bill” before — and on...
Bonus QIP and QPP
2025 just brought some serious write-off power back to the table that all contractors should know about as fol...
AI Tax Advice Warning
A lawyer just lost a Tax Court case—because he trusted AI to do his legal research.
He used AI to write his b...
Caption
Over the years, I’ve noticed a clear pattern among the contractor clients who scale the fastest: they eventual...
COVID Penalty Refunds
If you paid IRS penalties or interest during COVID (March 2020 – July 2023), you have until July 10 to get tha...
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...
LI Content – Your Construction Business Meetings Are a Waste of Time
Your construction business is bleeding money.
Not from bad bids or lazy crews, but from pointless meetings.
Ei...
CPA Drops the Ball
⚠️ When Your CPA Drops the Ball, the IRS Still Blames You ⚠️
Imagine this: you earn over $1M a year, carefully...
LI Content – Tax-Free Perks Your Construction Crew Actually Wants
Stop lighting money on fire with payroll taxes on crew bonuses. There’s a smarter way.
Cash is the least tax-e...
QOZ Programs under the OBBBA
The new One Big Beautiful Bill (OBBBA) made the Qualified Opportunity Zone (QOZ) program permanent, which is b...
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...
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 ...
Startup Costs
Since it's 🎃Halloween🎃, I thought I'd post something scary today👻:
𝗧𝗿𝘂𝗲 𝘀𝘁𝗼𝗿𝘆: Two business owners jumped in...