Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

Top 5 easy to use tax strategies that will reduce your taxes and save you money in 2026. These are my top 5 tax strategies every business owner needs to know.

If you own a business, these five tax strategies are ones you need to start using today, and three of them can still be applied retroactively if you haven't filed yet.

I break down each strategy step by step. First, I cover Trump accounts and how your business can take a $2,500 per employee tax deduction that's completely tax-free to your employees. Then I get into retirement on steroids - how a defined benefit plan combined with a 401k lets you put away $200,000 or more into retirement and take it as a business deduction, even retroactively.

I also explain the difference between bonus depreciation and section 179 depreciation, including why section 179 might be the better option for most business owners, especially in states like New York and California that don't allow bonus depreciation. If you carry inventory, I walk you through the section 471 books and records method that lets you deduct 100% of your unsold ending inventory by filing form 3115 for an automatic accounting method change.

Finally, I cover the PTE pass-through entity tax strategy and the new $40,000 SALT deduction limit, why this strategy still makes sense for every S corporation and LLC owner, and how it works as a legal double deduction. Whether you're a sole proprietor, S corporation owner, or LLC member, these five tax strategies can help you pay less in taxes in 2026.

🆓 Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know: https://7taxwriteoffs.com/?el=podcast&htrafficsource=buzzsprout

*Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

Cost Segregation for Dentists: Your accountant told you that you can't use a cost segregation study on the building you own because of passive loss rules. If you're a dentist or any medical professional, your accountant is wrong. In this podcast, I break down exactly why the passive loss rules don't apply to you and how you can take a massive depreciation deduction this year using cost segregation in 2026.

I had a dentist call me last week with a $400,000 tax bill. His accountant told him cost segregation wasn't an option because he wasn't a real estate professional. That accountant was applying the passive loss rules exception incorrectly. If you own the building where your medical practice operates and you're the tenant, this is a medical professional tax deduction you need to know about.

I walk you through the three things every medical professional needs to know about cost segregation for dentists. First, why your accountant said you can't do it and why that logic doesn't hold up. Second, the self-rental exception under Section 469 grouping that changes everything for dental practice tax planning. Third, how accelerated depreciation and real estate depreciation work together so the deduction actually hits your tax return.

This is one of the most overlooked tax deductions for doctors, chiropractors, and physicians. Whether you need a chiropractor tax strategy or dentist tax planning, if you own your building, a cost segregation study can unlock a massive depreciation deduction in a single year. That's how powerful this medical practice tax savings strategy is for any S corporation tax strategy.

🆓 Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know: https://7taxwriteoffs.com/?el=podcast&htrafficsource=buzzsprout

*Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

How to pay yourself as an LLC owner in 2026 — I break it down in 3 simple steps. Whether your LLC is taxed as a sole proprietorship, partnership, S corporation, or C corporation, I walk you through exactly how to pay yourself from your LLC the right way.

I cover the four ways your LLC can be taxed and what each one means for how you take money out of your business. I explain the difference between owner's draws and distributions, how self-employment tax works at 15.3%, and when electing S corporation status can save you tens of thousands of dollars. If your LLC is making $100,000 or more in profit, I show you how to structure your compensation the smart way.

I also get into the implementation side — how to determine your current tax classification, whether an S corp election makes sense for you, setting up payroll, taking reasonable compensation, and making your quarterly estimated tax payments on time. This is your complete guide to paying yourself legally and tax-efficiently as an LLC owner in 2026.

🆓 Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know: https://7taxwriteoffs.com/?el=podcast&htrafficsource=buzzsprout

*Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.