Are You Ready to Launch Your Own Business and Keep More of What You Earn?
Now is the moment to stand up, stake your claim, and build your vision. By forming a pass-through entity (i.e. LLC, S Corporation, partnership, or proprietorship) you unlock powerful tax advantages such as deduct ordinary and necessary business expenses, use home-office and vehicle write-offs, fund your own retirement plan, deduct health insurance premiums, and benefit from the 20 % (soon to be 23 %) Qualified Business Income deduction.
At the same time, the landmark legislation known as the One Big Beautiful Bill Act is delivering historic relief for entrepreneurs. It makes the pass-through business deduction permanent and expands it, alongside first-year bonus depreciation and enhanced expensing, giving you greater leverage to invest, grow, and gain.
This episode shows you how to structure your path forward, how to set up your business entity correctly, claim the deductions allowed for today’s tax code, and ride the wave of this new pro-entrepreneur era. It’s time to step into the founder’s seat, take advantage of the tax breaks, and turn your vision into profit.
For more information concerning tax codes and benefits contact:
Dr. Barbara King (K & K Tax Professionals)
(225) 330-2675