NEW Business Write-Offs Under Trump's Big Beautiful Bill

Learn how to benefit from the latest tax bill as a business owner. Get a Free Consultation: https://mycpacoach.com/contact/ The Big Beautiful Bill enhanced and renewed key tax deductions, credits, and benefits, creating powerful opportunities for entrepreneurs to grow their businesses while minimizing taxes. In this video, I break down the top 5 tax breaks in the bill that every business owner should know. As a licensed CPA, I use these strategies for my clients at My CPA Coach, and I’ll show you how to apply them to benefit your business too. Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos! New Business Tax Cuts: (0:00) 100% Vehicle Deduction: (0:48) Business Use Examples: (1:25) 100% Bonus Depreciation Eligibility: (2:09) Business Use Requirement: (3:03) Enhanced 20% QBI: (3:40) Income Shifting: (5:50) Hiring Family: (6:25) Using C-Corps: (7:03) 100% R&D Expensing: (7:45) R&D Tax Credit: (8:53) Opportunity Zone Tax Credit: (9:20) Tax Planning: (11:15) /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).