What Can I Deduct

What Can I Deduct Empowering entrepreneurs to understand the tax code, protect their profits, and design wealth with intention.

What Can I Deduct helps close the gap between the tax info small business owners get and the strategies big businesses use to minimize taxes and stay audit proof.

If you didn’t do it yesterday, be sure you jot down your beginning odometer reading!Federal law requires you to track mi...
01/02/2026

If you didn’t do it yesterday, be sure you jot down your beginning odometer reading!

Federal law requires you to track mileage (even in company owned cars).

They want to see total miles driven and miles driven for business.

Also, the standard mileage rate is 72.5 cents per mile for business if you use the mileage rate rather than actual mileage expenses.

HSA “Last-Month Rule”: How to Fund the Full AmountJust became HSA-eligible late in the year?You may still be able to con...
12/28/2025

HSA “Last-Month Rule”: How to Fund the Full Amount

Just became HSA-eligible late in the year?
You may still be able to contribute the full amount.
Here’s the rule most people miss 👇

HSA Contributions: You Have Until the Tax Filing DeadlineMissed funding your HSA this year?You may still have time.Here’...
12/26/2025

HSA Contributions: You Have Until the Tax Filing Deadline

Missed funding your HSA this year?
You may still have time.
Here’s the rule 👇

Merry Christmas!
12/25/2025

Merry Christmas!

🧾 SALT Deduction Increase: Income Limits Still Apply (2025)The SALT cap increased for 2025.But not everyone qualifies fo...
12/24/2025

🧾 SALT Deduction Increase: Income Limits Still Apply (2025)

The SALT cap increased for 2025.
But not everyone qualifies for the full benefit.
Here’s the part people miss 👇

The SALT (state and local tax) Deduction Cap Increased for 2025Good news for itemizers.The SALT deduction cap increased ...
12/23/2025

The SALT (state and local tax) Deduction Cap Increased for 2025

Good news for itemizers.
The SALT deduction cap increased for 2025.
Here’s who actually benefits 👇

Why Year-End Spending “Just for a Write-Off” Is a Bad IdeaThinking about buying something just for the tax write-off?Tha...
12/22/2025

Why Year-End Spending “Just for a Write-Off” Is a Bad Idea

Thinking about buying something just for the tax write-off?
That’s usually a mistake.
Here’s why 👇

Solar Roofing Credit: What Ends 12/31/253-Line Caption (before “…more”)Thinking about solar?There’s a major tax credit —...
12/21/2025

Solar Roofing Credit: What Ends 12/31/25
3-Line Caption (before “…more”)

Thinking about solar?
There’s a major tax credit — but it doesn’t last forever.

New Charitable Contribution Rules Starting 2026 (OBBBA)Big changes are coming to charitable deductions in 2026.Some taxp...
12/20/2025

New Charitable Contribution Rules Starting 2026 (OBBBA)

Big changes are coming to charitable deductions in 2026.
Some taxpayers will get more… and others will get less.
Here’s what you need to know 👇

1099 Workers & the Overtime Deduction: When You Do and Do Not Qualify1099 workers can use the overtime deduction…—but on...
12/19/2025

1099 Workers & the Overtime Deduction: When You Do and Do Not Qualify

1099 workers can use the overtime deduction…
—but only if you’re actually paid an overtime premium.
Here’s how to know if YOU qualify 👇

Overtime Documentation: What W-2 Workers Must Keep to Claim the DeductionThe No Tax on Overtime deduction is only allowe...
12/18/2025

Overtime Documentation: What W-2 Workers Must Keep to Claim the Deduction

The No Tax on Overtime deduction is only allowed if you can prove your overtime premium.
Here’s what the IRS expects you to keep.
Simple, clear, audit-proof 👇

Federal vs State Overtime Rules: Your State May NOT Allow the DeductionFederal overtime rules aren’t the same as your st...
12/17/2025

Federal vs State Overtime Rules: Your State May NOT Allow the Deduction

Federal overtime rules aren’t the same as your state’s.
And not every state allows the new overtime deduction.
Here’s what you need to know 👇

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