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LLC vs S Corp: Learn the key tax differences, self-employment tax impact, and when an S Corporation election may make sense for business owners. By Kendall Maccagnan, CPA, CFP® and Financial Advisor in Tampa, Florida Key Takeaways LLCs and S Corporations both offer liability protection and pass-through taxation, but differ in how income is treated for tax purposes LLC owners generally pay self-employment tax on all business profits, while S Corporation owners may split income

Learn some of the most important 2026 tax law changes for individuals, including updates to deductions, charitable giving rules, 529 plans, AMT, and estate tax exemptions. Understand what these changes mean for your 2026 tax planning. By Kendall Maccagnan, CPA, CFP® and Financial Advisor in Tampa, Florida Key Takeaways Several 2026 tax law changes may impact how individuals plan for deductions, education savings, and estate transfers The law expands certain tax benefits (lik

Compare SEP IRA, SIMPLE IRA, and Solo 401(k) plans for 2026. Learn contribution limits, eligibility rules, and which retirement plan may fit your small business or self-employment income. By Kendall Maccagnan, CPA, CFP® and Financial Advisor in Tampa, Florida Key Takeaways SEP IRAs, SIMPLE IRAs, and Solo 401(k) plans are three common retirement options for small business owners, each with different contribution structures and requirements SEP IRAs offer simplicity and flexib

Cost segregation studies may help real estate investors accelerate depreciation, increase early tax deductions, and improve cash flow. Learn how they work, who benefits most, and key considerations including bonus depreciation and recapture. By Kendall Maccagnan, CPA, CFP® and Financial Advisor in Tampa, Florida Key Takeaways Cost segregation studies may allow certain building components to be depreciated over shorter recovery periods, accelerating tax deductions. Larger upfr

Learn key OBBBA tax changes for real estate investors including bonus depreciation, QBI updates, business interest deductions, Opportunity Zone changes, and estate planning strategies. By Kendall Maccagnan, CPA, CFP® and Financial Advisor in Tampa, Florida Key Takeaways 100% bonus depreciation is restored under current law, which may allow real estate investors to accelerate deductions on qualifying property through cost segregation strategies The Section 163(j) interest lim

Learn how Solo 401(k) plans work in 2026, including contribution limits, tax benefits, eligibility rules, and key deadlines for small business owners. By Kendall Maccagnan, CPA, CFP® and Financial Advisor in Tampa, Florida Key Takeaways A Solo 401(k) is designed for self-employed individuals and business owners with no employees (other than a spouse), and may allow for higher contribution flexibility compared to other retirement plans In 2026, total contributions may reach up