SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice

Your rental properties may show big losses on paper, but that does not mean you can use those losses to lower your tax bill. The passive activity rules can keep them trapped for years.

In this episode, Tiffany explains how Real Estate Professional Status works and why reaching 750 hours is not enough. You’ll learn the two tests you must pass, how material participation...

The QBI deduction can let qualifying business owners deduct up to 20% of their qualified business income. Now it is permanent—but that does not mean every owner will get the full benefit.

In this episode, Tiffany explains the new 2026 income thresholds and why service businesses face tougher rules. You’ll learn what happens when your income enters the phaseout range, h...

One business owner used $270,000 in investment losses to reduce his federal tax by about $64,000 in the year he sold his company. But was it true tax savings—or simply a bill moved into the future?

Tiffany explains how direct indexing and tax-loss harvesting can help offset capital gains while keeping a portfolio invested. You’ll learn how lower cost basis, added fees,...

One business owner paid $21,600 a year for family health insurance. He thought he was getting the tax deduction—but a simple S corporation reporting mistake cost him about $7,000 a year.

In this episode, Tiffany explains how the self-employed health insurance deduction really works. You’ll learn why the rules change for sole proprietors, partners, and S corporation own...

Is your S corp salary putting your business at risk? Many owners pay themselves a small wage and take the rest as distributions. That may cut payroll taxes, but it can also raise an IRS red flag.

Tiffany explains how the IRS decides whether your salary is reasonable. You’ll learn why the popular 60/40 rule is a myth, what happens when distributions are treated as wages...