Well, it finally happened—the “Big Beautiful Bill” is signed and done, and it’s bringing major updates to the tax code that every business owner and real estate investor needs to know.
I’m going to break down 4 of the most powerful tax-saving strategies packed into this new legislation—strategies that can directly impact your bottom line if used the right way.
These aren’t dry, complicated tax rules—they’re real opportunities to build wealth, reduce taxes, and scale smarter.
Watch the video:
1. Bonus Depreciation Is Back at 100%
This is the biggest win in the bill—and it’s permanent. That means you can write off 100% of qualified purchases like equipment, vehicles, or even real estate improvements in year one. Examples:
- Want to buy a vehicle for your business? Bonus depreciation could allow you to write off 70% or more.
- Buying a short-term rental? Use a cost segregation study to potentially deduct over $200k in the first year.
- Moving your business into a commercial condo or office you own? You could get a massive deduction even without being a real estate professional.
Tip: Don’t blindly take full bonus depreciation. Sometimes spreading deductions with Section 179 is smarter. Work with a strategist!
2. The QBI Deduction (199A) Lives On
This 20% deduction on business income is still here, and it’s worth understanding. Whether you’re operating as an LLC or S-Corp, the Qualified Business Income (QBI) deduction can mean thousands in tax savings.
But here’s the trick:
- If you take too much salary, you pay more self-employment tax and get less QBI.
- If you take too little, you risk audit flags or other issues.
Smart owners work with a tax advisor to find the sweet spot on salary vs. pass-through income.
3. The SALT Workaround Stays (and Expands)
The state and local tax (SALT) deduction cap was supposed to be wiped out. But not only did it stay—it’s been expanded to $40,000 in some cases.
Better yet, S-Corp owners in 36 states can pay state income tax through their business and write it off—without being subject to the personal SALT cap.
Action step: In your fall tax planning, make sure to pre-pay your state taxes through your S-Corp to maximize this deduction.
4. Opportunity Zones: A Hidden Wealth Strategy
Got a big capital gain from selling stock, crypto, real estate, or a business?
Instead of doing a 1031 exchange, you can roll gains into an Opportunity Zone and:
- Defer taxes on your original gain
- Eliminate taxes on new gains if held for 10 years
You don’t have to go through a fund—you can set up your own LLC, buy rental property in an approved zone, and create your own opportunity.
We’ve got lawyers who help clients do this affordably and legally.
Ready to Build a Smarter Tax Strategy?
If you’re a small business owner or investor looking to take advantage of these updates, you don’t have to go it alone.
✅ Book a consultation with one of our tax attorneys
✅ Work with an accountant in our Main Street Tax Pro Network
✅ Get a second opinion on your tax plan—before year-end
Smart strategy now = long-term savings later.
