Tax Strategy Blog for Business Owners

The AI tax deduction most business owners don't know about could cover the bulk of what they're spending to bring AI into their company this year. Excited about AI. Overwhelmed by AI. That's where most business owners sit right now — at the halfway point. They just don't know where to start, who to trust, […]

Section 179 deduction limit 2026 is now $2,560,000 (with the phase-out threshold at $4,090,000). Did your CPA notice? The One Big Beautiful Bill became law in July. That was seven months ago. So let me ask you something: has your CPA changed anything about your tax plan since then? Because one of the biggest changes […]

Happy New Year Here we go. We’re heading into 2026 with one eye on opportunity and one eye on uncertainty. If you’re mapping out your 2026 tax strategy for business owners, there’s a lot happening. Here’s the landscape as I see it—and what it means for your tax plan this year. The Tariff Squeeze Is […]

The no tax on tips deduction for 2025 was created by the One Big Beautiful Bill Act (OBBBA) and applies retroactively starting January 1, 2025. The IRS also announced that 2025 is a transition year—meaning the deduction works differently in 2025 than it will in later years. If you’re a tipped worker (or you advise […]

The One Big Beautiful Bill Act (OBBBA) increased the annual cap on the personal deduction for state and local taxes (SALT) from $10,000 to $40,000 for 2025 through 2029 (with a high-income phase-down). So it’s fair to ask: is a PTET election after OBBBA still worth it? In many cases, yes. Even with a higher […]

If you own a business that isn't a C corporation, the QBI deduction lets you deduct up to 20% of its profit. For many owners it happens automatically. For others, it shrinks or disappears, and what decides that is your taxable income for the year. That's why the QBI deduction is a year-end issue. Your […]

If you're thinking about buying a vehicle to cut your 2026 taxes, here's my rule: buy it because the business needs it. The tax code can pay for a big share of a vehicle you were going to buy anyway. It can't turn a purchase you don't need into a good one. If you do […]

Watch Stanton’s Segment OBBBA estate planning and business succession are the core themes of Stanton Geller’s session, helping owners protect growing estates and prepare heirs for long-term stewardship. Key Takeaways from Stanton’s OBBBA Estate Planning and Business Succession Session Stanton looks at OBBBA through the lens of a tax and estate attorney who has worked […]

Watch Lee’s Segment OBBBA exit planning and AI disruption are central themes in Lee Heisman’s session, offering business owners a clear view of how the new rules and technology shifts affect valuations and exit timelines. Key Takeaways from Lee’s OBBBA Exit Planning and AI Disruption Session Lee brings a dealmaker’s perspective to OBBBA, focusing on […]