@baldridgecpa ISSUE 47 Three Ways to Get Bonus Depreciation Without Real Estate Pro Status In last week's issue, we covered how the wealthy use real estate to eliminate taxes through bonus depreciation. If you thought, "Great, but I can't possibly spend 750+ hours on real estate to qualify as a pro." This one’s for you. Let's dive deeper into those three powerful workarounds. NEW WEBINAR RECORDING Roger Ledbetter and I covered how the One Big Beautiful Bill is shaping real estate tax...
12 days ago • 5 min read
@baldridgecpa ISSUE 46 How The Wealthy Use Real Estate to Eliminate Taxes Last week, a client texted me a screenshot of their $0 tax return. They made $847,000 last year. Here's the $5,000 strategy that eliminated their entire tax bill. WEBINAR: WEDNESDAY, AUGUST 13 AT 2PM CST Real Estate Tax Strategies: Maximizing Benefits Post-OBBB The OBBB changed everything for real estate taxes. Roger Ledbetter and I are sharing the strategies we're implementing for 400+ clients right now. No theory,...
19 days ago • 4 min read
@baldridgecpa ISSUE 45 The One Big Beautiful Bill Act transformed one of the best tax breaks in America into an absolute monster. If you're building a business with plans to sell, this should be on your radar. QSBS Just Got a Major Upgrade Qualified Small Business Stock (QSBS) has always been the holy grail of tax breaks for entrepreneurs. Now it's even better. The headline changes: Tax-free gains increased from $10MM to $15MM Holding period reduced from 5 years to as little as 3 years...
26 days ago • 2 min read
@baldridgecpa ISSUE 44 The R&D Tax Credit Opportunity You Can't Miss If you write code, you probably qualify for the R&D tax credit. And if you've been building since 2022, you need to act soon or risk leaving serious money on the table. I've spent the last few weeks analyzing the One Big Beautiful Bill that was signed into law on July 4th, 2025, and let me tell you—this is a massive recovery opportunity for small businesses. NEW WEBINAR RECORDING Roger Ledbetter and I covered how the One Big...
about 1 month ago • 3 min read
@baldridgecpa ISSUE 43 The Business Owner Tax Advantage: Made Even Better by the OBBB Owning a Small Business Is Still the Best Tax Deal in America. The One Big Beautiful Bill (OBBB), signed into law on July 4, 2025, has made it even better by extending and enhancing many provisions from the 2017 Tax Cuts and Jobs Act (TCJA). Whether it's a $10k side hustle or a $10MM business, the opportunities for tax savings and wealth creation are truly next level. Let's walk through how it works. NEW...
about 1 month ago • 4 min read
@baldridgecpa ISSUE 42 Tax Bill Is Law: Turning CHanges Into Opportunities The Bill Is Law. Time For Action. The ink is dry, the fireworks have faded, and now the real work begins. After all the drama in the Senate and House, the One Big Beautiful Bill Act is officially law - and my inbox is overflowing with one question: "What do I actually do about this?" WEBINAR: WEDNESDAY, AUGUST 13 AT 2PM CST Real Estate Tax Strategies: Maximizing Benefits Post-OBBB The OBBB changed everything for real...
about 2 months ago • 1 min read
@baldridgecpa ISSUE 41 FINAL: House Passes Bill 216-213 It's Done. Here's What Actually Made It Through. After months of rumors and "sources close to negotiations," we finally have the real deal. After the Senate's dramatic 51-50 vote earlier this week (with VP Vance breaking the tie), the House just delivered the final version 216-213. President Trump signs tomorrow (July 4th at 5pm ET). For those who read my Senate analysis, here's what changed - and what stayed the same: THE WINNERS: WHAT...
about 2 months ago • 4 min read
@baldridgecpa ISSUE 40 Senate Passes "Big Beautiful Bill" in dramatic 51-50 vote After a record-breaking 24+ hour vote-a-rama, the Senate passed the Big Beautiful Bill on Tuesday morning in a 51-50 vote, with Vice President JD Vance casting the tie-breaking vote. Three Republicans broke ranks – Senators Rand Paul, Thom Tillis, and Susan Collins voted against the bill, creating the dramatic tie that required the Vice President's intervention. The marathon session set a Senate record with 45...
about 2 months ago • 3 min read
@baldridgecpa ISSUE 39 Tax Saving Estate Planning Strategies It's not how much money you make, it's how much money you get to keep. And if the Big Beautiful Bill passes as planned, keeping more of your hard earned money gets a massive upgrade—especially when it comes to transferring wealth to family. Estate Tax Exemption Jumps to $15 Million Remember when everyone was panicking about the estate tax exemption dropping back to $5-7 million in 2026? That's dead. The new bill would increase the...
2 months ago • 4 min read