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Think you’re paying tax on all your business income? With the QBI deduction, you could exclude 20% of your profit from federal income tax. Here’s what you need to know: 💡 Earn $100K? You might only be taxed on $80K 💡 W-2 salary doesn’t qualify– but your pass-through income does 💡 The more salary you take, the smaller your deduction This is where strategy matters. Too much salary = more FICA less QBI Dial it in, and you keep more of what you earn. Want to watch the full breakdown of the new bi
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The QBI deduction can be a powerful tax benefit for private practice owners, but it is often misunderstood or missed without proper planning. With the right strategy, therapists may be able to keep more of what they earn while staying compliant. In this Live session, we covered: ✅ What the QBI deduction is and who may qualify ✅ How income levels and business structure affect eligibility ✅ Why some therapists lose the deduction without realizing it ✅ Planning strategies that can help preserve QBI
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Most business owners don’t even know the QBI deduction exists… and it’s one of the easiest ways to save thousands in taxes. It gives you a 20% deduction on your business profits, but only if you plan for it right. This is why tax strategy isn’t something you do after the year ends. Get this right, and it’s money back in your pocket. | Karlton Dennis
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Tax reform should make our tax code fairer, simpler, and fiscally responsible. The #GOPTaxPlan fails at all three. | Senator Gary Peters
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On my research trip to Israel, Rabbi Jason and I visited Capernaum, the town where The Chosen’s first season is set, and looked deeper into Matthew and Simon Peter. | Dallas Jenkins
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