@doctorprofit.bsky.socialIRC §6654: estimated tax is scored per installment. 4 due dates. Annualized method (§6654(d)(2)) when income is uneven.
https://medium.com/@jakemlatimer/year-end-tax-planning-for-houston-business-owners-the-windows-that-close-on-december-31-c5eb5690ca2f
#TaxTips #TaxStrategy
@doctorprofit.bsky.socialFiled today? IRC §6501(a): IRS generally has 3 years to assess. Omit over 25% of gross income: generally 6 years (§6501(e)).
https://medium.com/@jakemlatimer/year-end-tax-planning-for-houston-business-owners-the-windows-that-close-on-december-31-c5eb5690ca2f
#TaxTips #TaxStrategy
@itsyourmoney.bsky.social78 days left in 2026. Q4 tax planning: review income, estimated payments, retirement contributions & year-end expenses before Dec 31 closes the window. It's Your Money | DFW itsyourmoney.us/services/tax-services #TaxPlanning #TaxStrategy #DFWTaxes
@tottbnews.bsky.socialIn his latest article, Peter J. Reilly, CPA, examines Anne Milner Fields story through the lens of family limited partnerships and the estate tax issues tax professionals should watch for.
@doctorprofit.bsky.social"God loveth a cheerful giver." 2 Corinthians 9:7 (KJV)
Give with a plan: timing, appreciated assets, donor-advised funds, written acknowledgments. Run the numbers before year-end.
@doctorprofit.bsky.socialNo Texas income tax does not mean no tax plan. Federal entity choice, compensation, depreciation, retirement plans, the Texas franchise tax and more all need a plan before year-end.
@doctorprofit.bsky.socialHiring your child in the family business? Real work, reasonable pay, actual payment, and records. Sole proprietors and parent-only partnerships have special payroll tax rules (IRC 3121(b)(3)(A)).
@doctorprofit.bsky.socialQSBS (IRC Sec. 1202) can exclude part or all of the federal gain on a sale, if the stock qualifies. It is decided by entity choice at formation, not at the sale. Confirm current rules with your advisor.
@doctorprofit.bsky.social"Moreover it is required in stewards, that a man be found faithful." 1 Cor 4:2 KJV
Tax planning as stewardship: know the rules, document, plan before year-end.
@doctorprofit.bsky.socialThe 20% QBI deduction (Section 199A) is now permanent under the 2025 tax law. What you get still depends on entity, wages and income. Model it before year-end.
@doctorprofit.bsky.socialOwn commercial or investment real estate? Cost segregation can identify components that depreciate faster than the building. Plan first, then decide on a study.
@doctorprofit.bsky.socialFive Q4 questions for your advisor: projected tax, entity fit, cash reserve, decisions before Dec 31, what you want to keep. Plan before the return.
@itsyourmoney.bsky.socialTax season shouldn't be a surprise. 5 signs you need proactive tax planning, not just prep. It's Your Money | DFW itsyourmoney.us/services/tax-services #TaxPlanning #TaxStrategy #TexasTaxes
@newsramp.comHigh-income earners are using a legal IRS rule to offset W-2 income with short-term rental losses — potentially saving $50,000+ in year one. Properties must be acquired before Dec 31 to qualify this tax year. #ShortTermRentals #TaxStrategy
@tottbnews.bsky.socialFree guide for tax pros: Build a Better Business.
Get actionable ideas for creating a more intentional, efficient, and profitable practice. Read the free digital magazine today.
@doctorprofit.bsky.socialPay yourself on purpose.
A set salary. A planned distribution. A tax reserve nobody touches.
Owners who guess at their own pay end up guessing at everything else.
https://www.blueprintadvisorstx.com/tax-advisory-services/
#TaxStrategy #OwnerCompensation #FractionalCFO #SmallBusiness
@doctorprofit.bsky.socialThe best tax conversation happens before the signature. Lease or buy, employee or contractor, when equipment goes into service.
"A prudent man foreseeth the evil" Proverbs 22:3 (KJV)
@doctorprofit.bsky.socialYour tax return is a history book.
Your tax plan is a strategy memo.
Only one of them can still change the ending.
@doctorprofit.bsky.socialClarity beats panic. Map entity → cash → what you keep—before Q4 scramble.
@g2bizsolutions.bsky.social💰 Is your business structure costing you more in taxes than it should?
An LLC alone isn't a tax strategy.
Know how you're taxed. Keep clean books. Track deductions. Plan ahead.
#TaxPrep looks backward. #TaxStrategy looks forward.
📲 Talk to G2: www.g2businesssolutions.com/calendar-dir...