Finance and Fiscal

Finance and Fiscal Fractional CFO ll Tax and Business Strategy

🧨 The One Big Beautiful Tax Bill Just Passed: Here’s What You Need to Know 🧨Most changes kick in January 1, 2025.⸻📊 Dedu...
07/08/2025

🧨 The One Big Beautiful Tax Bill Just Passed: Here’s What You Need to Know 🧨

Most changes kick in January 1, 2025.
⸻

📊 Deductions & Credits Are Changing
• Standard Deduction Increases (2026):
• Married: $31,500 | Single: $15,750 | HOH: $23,625
• Child Tax Credit: Bumps up to $2,200/child
• Senior Bonus: Extra $6,000 deduction for 65+

⸻
💼 Workers & Families Benefit
• Tips & Overtime Deduction (2025–2028): Up to $25K
• Car Loan Interest: Deduct up to $10K — personal use only
• Paid Family Leave Credit Extended (2026)
• Newborn Savings: $1,000 federal seed account + $5K/year contribution limit

⸻
📈 Business Owners: Big Wins
• 100% Bonus Depreciation is BACK — permanently
• Section 179 limits raised: $2.5M deduction | $4M phaseout
• QBI Deduction (20%) made permanent for pass-throughs
• Green Energy Credits Slashed: Most end after 2025

⸻
🔍 IRS Enforcement Cut
• IRS funding from Inflation Reduction Act rescinded
• Direct File replaced
• Hiring for auditors scaled back

⸻

✅ Bottom Line

This bill changes:
✔️ What you can deduct
✔️ What income gets taxed
✔️ Who gets tax relief
✔️ How the IRS works

And yes — it affects everyone.

📞 Book a call now to build your 2025 tax strategy before it’s too late.

🧓🏽 The New Tax Bill & Seniors: What You Need to Know A new tax bill is making headlines — and it could mean big changes ...
07/03/2025

🧓🏽 The New Tax Bill & Seniors: What You Need to Know

A new tax bill is making headlines — and it could mean big changes for retirees and those living on Social Security.

✅ Up to $6,000 in Tax Deductions for Seniors — If you’re 65 or older, you may qualify for a new deduction that could reduce or eliminate federal taxes on your Social Security income. Couples could save up to $12,000 in taxable income

The bill also proposes:
🚫Cuts for many seniors who rely for long term and medical care.
🚫Nearly $500 billion in provider cuts — risking access to doctors, specialists, and many other care services.

⸻

🚨🚨🚨This affects everyone — we all have aging parents.

If you or a loved one could be affected by this, schedule a call with us.

Whether this bill passes or not, now is the time to take control of your finances and put your money back toward your health, care, and peace of mind.

🚨 Business Owners: The New Tax Bill Just Passed the Senate - Here’s What’s Coming 🚨Yes, the Senate has officially passed...
07/03/2025

🚨 Business Owners: The New Tax Bill Just Passed the Senate - Here’s What’s Coming 🚨

Yes, the Senate has officially passed the new Tax Bill; now it heads back to the House for final reconciliation before it can be signed into law.

Here’s what business owners need to know now ⬇️

✅ 100% Bonus Depreciation is BACK — and likely permanent
✅ QBI Deduction jumps from 20% → 23% (permanent in 2026)
✅ SALT Cap increases to $40K for 5 years, then drops back to $10K
✅ Tip & Overtime deductions stay in play
✅ $10K auto loan deduction still included

What this means for your business:
💸 Massive tax savings
🏗️ More flexibility to build, expand, and reinvest
📊 Less to the IRS, more in your growth fund

📌 This bill could pass by July 4 — meaning 2025 planning starts NOW.

📲 Book your strategy call today to get ahead of the changes and maximize your deductions before they’re gone. 👉 Link in bio.

💼💸 Think W-2 earners can’t play the tax game? 🚨🚨Spoiler: You’re already in it—might as well win! If you’re earning on a ...
05/28/2025

💼💸 Think W-2 earners can’t play the tax game? 🚨🚨Spoiler: You’re already in it—might as well win!

If you’re earning on a W-2, you’re not out of tax-saving moves — you’re just not using them yet.

✅📊 Swipe through to see how we help high earners legally keep more of what they earn.

💡➡️ From maxing out pre-tax benefits to strategic credits and backdoor moves, there’s more than one way to optimize.

Let’s make sure you’re not leaving thousands on the table. 💰🚫

Ready to plan smarter?
📲✨ Tap the link in bio or DM us to get started.

💡 Standard vs. Itemized Deductions: Which One Saves You More? 💡When it comes to reducing your taxable income, you have t...
02/16/2025

💡 Standard vs. Itemized Deductions: Which One Saves You More? 💡

When it comes to reducing your taxable income, you have two options: the Standard Deduction or Itemized Deductions.

✅ Standard Deduction is quick and easy—no receipts needed!

💸 Itemized Deductions could unlock bigger savings if you have significant expenses like mortgage interest, medical bills, or charitable donations.

✨ Pro Tip: Calculate both to see which one gives you the biggest tax break!

Don’t leave money on the table this year—talk to a tax pro or drop a comment below to see what works best for you! ⬇️

✨ LLC, S-Corp, or Sole Proprietorship: Which Business Structure is Right for You? ✨Choosing the right business structure...
02/15/2025

✨ LLC, S-Corp, or Sole Proprietorship: Which Business Structure is Right for You? ✨

Choosing the right business structure can be a game changer for your company. It affects everything from taxes and liability to how you manage profits and expenses. Each option comes with its own set of benefits and responsibilities, and getting it wrong can lead to unnecessary headaches (and tax bills).

Don’t let the paperwork get the best of you. Take a moment to talk to your accountant and find the best fit for your business goals. Your future self (and your wallet) will thank you!
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✨My top 10 favorite write-offs that every business owner should know about✨ As a business owner, one of the biggest mist...
02/14/2025

✨My top 10 favorite write-offs that every business owner should know about✨

As a business owner, one of the biggest mistakes you can make is failing to track your expenses and write-offs. It’s easy to overlook the potential savings, but not keeping track could cost you big when tax season comes around. Depending on your business, you’d be surprised how much tax strategies and write-offs can work in your favor, saving you more than you think.

At Finance and Fiscal, we’re committed to helping you maximize these write-offs and tax strategies. By doing so, we help you save on taxes and keep more of your hard-earned money. Use that extra cash to build your wealth, grow your business, and live the life you’ve dreamed of, all while becoming financially free. Let us help you get there!

Hello, my name is Bianca, and I’m so glad you’re here!At Finance and Fiscal, we’re an accounting firm dedicated to helpi...
02/14/2025

Hello, my name is Bianca, and I’m so glad you’re here!

At Finance and Fiscal, we’re an accounting firm dedicated to helping you and your business save money on taxes. Our goal is to help you keep more of your hard-earned money, so you can grow your wealth, build your business, and live the life you’ve always envisioned—ultimately achieving financial freedom. ✨

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