Category: Business Taxes
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Multi-Year Tax Planning Is More Than Moving a Deduction
The lowest tax bill this year isn’t always the lowest total tax. Why a November/December projection beats optimizing a single year, and…
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Your Business Paid for Improvements to Your Personal Property. Now What?
When your company pays for improvements to a shop you own personally, is it a deduction, rent, a leasehold improvement, or a…
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Buying Equipment for a Tax Deduction Can Be an Expensive Mistake
A tax deduction doesn’t make an unneeded truck or machine a good buy. How to weigh depreciation against cash flow, financing, and…
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IRS Releases Notice 2026-16: 100% Depreciation for Production Buildings — Common Ownership Explicitly Permitted
The IRS has released Notice 2026-16, providing interim guidance on the new 100% special depreciation allowance for Qualified Production Property (QPP) under…
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Executive Summary: 100% Deduction for New Manufacturing Facilities (Qualified Production Property)
Overview of the New Law (OBBBA 2025) Find the very short version of this summary here: 100% Deduction for Manufacturing Buildings: How…
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100% Deduction for Manufacturing Buildings: How to Qualify Under IRC §168(n)
New Manufacturing Tax Deduction Could Be a Game-Changer — If You Structure It Right Find the long version of this summary here:…
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Depreciation vs. Cash Flow: The Hidden Tradeoff That Can Kill Your Loan Application
If you’re a small business owner, real estate investor, or recently self-employed, this is an issue that catches people off guard—often at…
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Understanding Self-Rentals and Tax Strategies for Business Owners
Many business owners own both their operating business and the building that business operates in. The usual setup is simple: the business…
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IRS Issues Revenue Ruling on New Tip Deduction: Guidance for Employers
The IRS has now issued Rev. Rul. 2025-18278, giving final clarity on how the new federal deduction for qualified tips (enacted under…
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IRS Ends Paper Checks: What Taxpayers Need to Know for 2025–2026
The IRS just announced a major change: after September 30, 2025, paper checks will no longer be accepted for federal tax payments.…