If you own an S corporation, there's one question you probably ask your accountant every year: how much do I actually have to pay myself? You want the answer to be "as little as possible" — because the lower your salary, the less payroll tax you pay. The IRS wants the answer to be "a reasonable amount" — because a salary that's too low is one of the easiest things for them to catch and reverse. Both sides are right, and the good news is there's a number that keeps everybody h

When you buy an equipment-heavy business, the money that goes toward its equipment can often be written off immediately, rather than depreciated slowly over five, seven, or more years.

The plain-English version: how the heavy-SUV deduction works in 2026, who actually qualifies, and the mistakes that get the deduction taken back.

We've compiled the most important mid-year updates below. As always, if any of these situations apply to you, give us a call so we can help you make the most of them.