When was the last time you looked at how your business is structured?
It's pretty normal for business owners to set up an LLC or S Corp, then not touch it for years. But you wouldn't do that with your products/services or else you might miss out on serving your clients well.
In the same way, as your business grows, what 𝘶𝘴𝘦𝘥 to fit can quietly start costing you money.
If your revenue’s up, or your team looks different than it did a few years ago, your structure might not be the most efficient one anymore.
An LLC taxed as a sole prop can pile on self-employment tax.
An S Corp that once saved money might now limit deductions.
Your entity isn’t permanent — it’s a tool. And tools need sharpening.
If your income has changed more than 25% since you formed your business, it’s time for an entity check-up.
DM us if that's you.
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Sometimes giving voice to those fears is the first step toward overcoming them.
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The IRS gave you a small win for 2026 — but with the right planning, that “small win” can turn into something much bigger. 💰
The standard deduction is increasing again (now $32,200 for married couples), which means more of your income isn’t taxed at all. That alone might save a few hundred dollars… but if you plan ahead, it’s also a chance to:
Rethink whether to itemize or not
Adjust withholdings
Time deductions or income more strategically
Those are the kinds of moves that turn an automatic IRS update into real savings.
That’s what we help our clients do every year — look beyond the numbers and find the opportunities hiding in them.
And we can help you too.
www.irs.gov
IR-2025-103, Oct. 9, 2025 — The Internal Revenue Service today announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other ta...0 CommentsComment on Facebook
And the hits just keep on coming for the IRS... and anyone waiting on them to respond.
IRS furloughs nearly half of its workforce due to government shutdown
www.cnbc.com
The IRS furloughs came on the same day that the Senate again fell short of passing a funding resolution that would end the federal government shutdown.0 CommentsComment on Facebook
It’s not too late to separate business and personal funds. I’d recommend setting aside 1-2 hours per week to start tackling these steps:
1. Open a dedicated business checking account (and card) so new transactions stay clean.
2. Go through the last 3–6 months of bank and credit card statements and tag what’s business vs. personal. Pay special attention to meals, travel, vehicle, and home-office costs (the IRS scrutinizes these closely).
3. Start a habit of documenting personal-to-business transfers as an owner’s contribution or as a loan (with a promissory note if it’s truly a loan). And keep documentation for deposits.
4. Reimburse the business for personal charges you accidentally ran through the company account; book those reimbursements correctly (distribution/draw or wages, if needed).
5. Tighten your receipts and recordkeeping for meals, travel, vehicle, and home office. Note the amount, time, place, and business purpose. And for home office, be sure it meets the “regular & exclusive use” test.
Got a question about how to separate your business and personal accounts? Drop it in the comments below.
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Have you heard people say Social Security isn’t taxed anymore?
That’s not quite true. The IRS still taxes up to 85% of Social Security income, depending on your total income.
What 𝘥𝘪𝘥 change for 2025 is a new $6,000 deduction for taxpayers 65 and older — or $12,000 if both spouses qualify.
It doesn’t make Social Security tax-free, but it can reduce your overall taxable income (and sometimes eliminate your federal tax bill entirely).
This deduction lasts 2025 through 2028, so it’s worth reviewing your income plan early to make the most of it.
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You set goals for 2025 — but when’s the last time you checked if you’re actually on track?
What gets measured gets managed. For most small businesses, that means watching things like:
• 𝗖𝗮𝘀𝗵 𝗳𝗹𝗼𝘄 (are you bringing in more than you’re spending?)
• 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝘀 𝗿𝗲𝗰𝗲𝗶𝘃𝗮𝗯𝗹𝗲 (are you collecting what’s owed quickly enough?)
• 𝗡𝗲𝘁 𝗽𝗿𝗼𝗳𝗶𝘁 𝗺𝗮𝗿𝗴𝗶𝗻 (is your business really profitable…or just busy?).
These numbers are levers. When you know them, you can pull on them to make smarter calls, fix problems early, and actually 𝘳𝘦𝘢𝘤𝘩 the goals you set in January.
👉 Know a business owner who needs this reminder? Share this with them.
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