Depreciation · Tax Planning
2025 Bonus Depreciation Phase-Down: What CPAs Need to Know Now
Bonus depreciation dropped to 40% in 2025, down from 60% last year. Here's exactly how that changes asset planning conversations with business clients — and when Section 179 becomes the smarter choice.
May 2026 · 8 min read · Reviewed by K. Reynolds, CPA
→
IRS Penalties · Representation
IRS First-Time Penalty Abatement: A Step-by-Step Guide for Tax Professionals
First-time penalty abatement is one of the most underused IRS relief options available. If a client has a clean 3-year compliance history, you may be able to eliminate failure-to-file or failure-to-pay penalties with a single phone call.
April 2026 · 10 min read · Reviewed by M. Larson, EA
→
QBI Deduction · Pass-Through Planning
QBI Deduction Phase-Out: Calculating the SSTB Limitation for 2025
The Section 199A phase-out for specified service trades or businesses (SSTBs) catches a lot of clients — lawyers, doctors, consultants, accountants — by surprise. Here's a clear walkthrough of the 2025 thresholds and how to calculate the limitation.
March 2026 · 12 min read · Reviewed by K. Reynolds, CPA
→