If you run a small business with fewer than 50 employees, your 2025 year-end medical plan strategies can make a big difference in how much tax you pay and how well you take care of your team. The law doesn’t force you to offer a health plan if you have under 50 employees – but […]
Bonus depreciation class rule is something most business owners don’t hear about until it’s too late. Imagine this: you finally buy the big SUV for your company — $85,000. Perfect for client visits and hauling supplies. And yes, because it weighs over 6,000 lbs and is used 100% for business, you can write it off […]
This Crypto Tax Strategies for Business Owners Guide is built for business owners who want to understand Bitcoin and cryptocurrency from a tax-savvy perspective. Below is the full summary content from our PDF guide, shared here for easy reading. You can also download the PDF version at the end of this post. This guide gives […]
Bitcoin mining tax deductions are an overlooked opportunity for entrepreneurs. At our Bitcoin Demystified event, Eric Rice, Co-Founder and VP of Sovrn Capital and host of The Rice Report, broke down Bitcoin mining in plain English—what it is, how it works, and why it matters. In this post, we recap his key insights and then […]
OBBBA convert personal vehicle to business — here’s how to use 100% bonus depreciation to create a legitimate 2025 deduction from a car you already own. How the OBBBA Convert Personal Vehicle to Business Rule Works When you begin using a personal vehicle in your business, the tax code treats that date as when the […]
OBBBA mortgage interest deduction rules have changed the landscape for homeowners who itemize. The One Big Beautiful Bill Act (OBBBA) permanently locks in the TCJA rule limiting itemized deductions for home mortgage interest to the first $750,000 of total home acquisition debt ($375,000 if married filing separately). Home acquisition debt means mortgages used to buy […]
Running a business means incurring expenses – and the good news is many of those costs can reduce your taxable income. Small business tax deductions are write-offs that lower the profit you pay taxes on, saving you money. This comprehensive guide breaks down current IRS rules (as of 2025) for the most valuable deductions available […]
You might’ve heard: Congress just raised the SALT deduction cap from $10,000 to $40,000. Sounds like a massive win for business owners, right? ➡️ It is—but only if you fall into the right category. What Is the SALT Deduction Cap? The SALT deduction cap limits how much state and local taxes you can deduct on […]
PCORI Fee Compliance for HRA Plans: What Small Employers Must Know PCORI fee HRA compliance is essential for small employers offering health reimbursement arrangements. Just a quick heads-up! If you’ve set up a Health Reimbursement Arrangement (HRA)—like a 105-HRA, a QSEHRA, or an ICHRA—to help your employees with medical costs, that’s awesome. You’re not just […]