A practical 2026 guide to the Section 199A Qualified Business Income (QBI) deduction: who qualifies, taxable-income thresholds and phase-out ranges, the SSTB limitation, the W-2 wage and UBIA cap, aggregation, and S-corp salary planning explained clearly.
A practical 2026 walkthrough of the federal R&D tax credit (Section 41) and Section 174 R&E capitalization. Covers the four-part test, qualified research expenses, the startup payroll-tax offset, and the post-OBBBA return to immediate expensing.
A practical 2026 guide to S-corp reasonable compensation. How the salary vs distribution split cuts FICA payroll tax, how the IRS and courts judge reasonableness, why the 60/40 rule is a myth, audit red flags, and how QBI and retirement plans change the math for owner-employees.
A practical guide to the Augusta Rule (IRC Section 280A(g)) in 2026. Learn how to rent your personal residence up to 14 days a year tax-free, how S-corp and LLC owners deduct the rent while receiving it tax-free, and exactly what documentation survives an IRS audit.
A working CPA's guide to Section 179 expensing versus bonus depreciation for US businesses in 2026: annual dollar caps and the taxable-income limit, what property qualifies, the heavy SUV and truck vehicle rules, the 179-then-bonus-then-MACRS ordering, state conformity traps, recapture risk, and how to actually choose.
A plain-English 2026 guide to the Employee Retention Credit for U.S. small businesses — eligibility rules, the IRS processing moratorium, refund timelines, the Voluntary Disclosure Program, and how to spot an ERC mill before it costs you.