Tehrani & Velez, LLP

Tehrani & Velez, LLP Trusted CPA for Financial Success

07/13/2026

S-Corp owners: That "tax-free" distribution isn't automatically tax-free.
It's only tax-free up to your stock basis — think of it as a bucket that fills with taxed income and drains with every distribution. Once it hits zero, anything more you pull out is taxed as capital gain.
Run your basis before year-end and before any big distribution. 👇 DM us "BASIS" and we'll walk you through it.

06/25/2026

Most business owners close on commercial real estate and find out later what they left on the table. These three decisions happen before the ink dries.

06/08/2026

An LLC sounds like a strategy, but for most business owners, that's not really what changes the tax outcome.

06/03/2026

Real estate tax strategies, ranked. Cost seg hits. 1031 defers. Grouping election is the one nobody talks about. Which one surprised you?

06/01/2026

Small business and real estate tax strategies, ranked.
A low W-2 might look smart until the full analysis says otherwise. Cost seg hits. 1031 defers. And some of the most powerful moves are the ones nobody talks about.

05/28/2026

A $12M law firm legally rented the owner's house 14 times, and deducted every dollar. Here's why most people blow the Augusta Rule on the business side.

05/26/2026

Attorney. $12M firm. Bought a short-term rental in Q4.
Here’s how we turned that into $52K in tax savings.

05/23/2026

Most manufacturing and installation companies are sitting on a six-figure R&D credit and don’t know it.
Here’s how we found $102K for one of them. Are you asking your CPA about this?

05/20/2026

Most S-corp owners keep their W-2 low to save on F**A.
At high income levels, that instinct can kill your QBI deduction. Did your CPA run this optimization?

05/18/2026

W-2 executive earning $500K. Homemaker spouse with a rental portfolio.
Most CPAs would say rental losses can’t touch that W-2. Most CPAs would be wrong. Comment “PLAYBOOK” for our REPS checklist + time log.

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Irvine, CA
92618

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Friday 9am - 6pm

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