Brentano Tax & Accounting LLC

Brentano Tax & Accounting LLC Jennifer Brentano, LTC

Brentano Tax Digital: https://brentanotax.com/digital-products/ Jennifer Brentano, LTC

If your business is a sole proprietor or you're taxed as a single-member LLC, how much you take in owner's draws doesn't...
06/04/2026

If your business is a sole proprietor or you're taxed as a single-member LLC, how much you take in owner's draws doesn't change your tax bill.

You're taxed on your profit... NOT the money you transferred to your personal account. 💸

Leaving money in your business bank account doesn't hide it from the IRS (but it can be a smart way to manage cash flow).

Now, if you're taxed as an S corp, how + how much you pay yourself can have a huuuge effect on your taxes!

Not sure what applies to your small business? Let's optimize your tax situation together! 🤗

Hi 👋I'm Jennifer Brentano, owner of Brentano Tax. I am a Licensed Tax Consultant. I offer clear communication, timely s...
05/26/2026

Hi 👋I'm Jennifer Brentano, owner of Brentano Tax. I am a Licensed Tax Consultant. I offer clear communication, timely service, and detail-focused tax preparation to make the process as smooth and stress-free as possible.
If you’re on extension and don’t want to wait until the last minute, now is the perfect time to get your taxes handled. Message me to get on my books today!

Insurance is waaay too expensive these days to miss out on writing it off (if you qualify).When you're self-employed, yo...
05/26/2026

Insurance is waaay too expensive these days to miss out on writing it off (if you qualify).

When you're self-employed, you may be able to deduct your health insurance premiums (including dental, vision, and qualifying long-term care premiums). This can apply to your spouse + dependents' premiums too!

What doesn't qualify? ↓

If you (or your spouse) were eligible for employer-sponsored coverage, this can affect whether you're able to deduct your premiums for those months.

The keyword here is eligible; this rule applies even if you didn't enroll in the employer-sponsored coverage. For each month you (or your spouse) were eligible, you can't deduct your SE health insurance premiums.

Also, the deduction can't exceed your earned self-employment income!

Getting audited does NOT always mean you're doing something sketchy!Sometimes, the IRS just wants more information on wh...
05/16/2026

Getting audited does NOT always mean you're doing something sketchy!

Sometimes, the IRS just wants more information on what you reported on your tax return. 🤷

But a few things that *will* flag in their system are when your income reported doesn't match the 1099s filed, claiming high deductions that don't align with those of other, similar taxpayers, and reporting business losses year after year.

These might be totally legit, but you want to make sure you have the receipts, records, and clean bookkeeping to prove it!

Message me if you need bookkeeping help or tax help.

Your first IRS notice feels super scary, but you don't have to deal with it all alone! 📨Even if I'm not the one who prep...
05/15/2026

Your first IRS notice feels super scary, but you don't have to deal with it all alone! 📨

Even if I'm not the one who prepared your tax return, I can help you understand what the notice means and what needs to happen next.

For Brentano Tax's clients, we're already familiar with your return, what was reported, and the facts behind it, so we're not starting from scratch!

The worst thing you can do when it comes to an IRS notice is to ignore it. You're just kicking the problem down the road, and that's how penalties start to really stack up.

So yes, I can help you navigate things if a scary IRS notice finds its way to your mailbox! 📬

Please, please, pleaseee don't just rush through your W-4 on the first day at a new job!It's not just an onboarding task...
05/14/2026

Please, please, pleaseee don't just rush through your W-4 on the first day at a new job!

It's not just an onboarding task; it's telling your employer how much federal tax to take from your paycheck.

Filling out your W-4 correctly is the difference between not owing at tax time and getting hit with a surprise bill (or unnecessary refund). 💸

If you want a little extra help, use the IRS's Tax Withholding Estimator to really dial in your W-4.

Message me if you need help. This is a service we offer at Brentano Tax.

It all starts with your entity! The IRS treats sole proprietorships, multi member LLCs, and S corporations differently f...
05/13/2026

It all starts with your entity! The IRS treats sole proprietorships, multi member LLCs, and S corporations differently from a tax perspective, so the "best" setup is going to depend on your unique business.

I also want to make sure you have a solid bookkeeping system in place that's actually capturing all of your income and expenses. 📚 Brentano Tax is now accepting bookkeeping clients!

And finally, I think you should be working with an accountant who understands the ins + outs of your business. There's a big difference between generic tax prep and a strategy based on the common expenses, credits, and pain points.

Message me if you need any bookkeeping or tax planning for your growing business!

TurboTax is only as accurate as the answers you give it, and those answers can be a lot more than just checking Yes/No. ...
05/11/2026

TurboTax is only as accurate as the answers you give it, and those answers can be a lot more than just checking Yes/No.

If you're asking for my help answering those questions, you're asking me to interpret your tax situation and make a judgment call. ⚖️

At that point, I might as well just prepare your whole return!

DIY tax software can be great if your return is simple, but if you have a business, multiple income streams, complex investments...

It's very easy to mess things up.

So no, I won't sit next to you while you use TurboTax, but I will happily take taxes off your plate completely! 😜

Happy Mother’s Day to all the moms building dreams, raising babies, running households, showing up for clients, and some...
05/10/2026

Happy Mother’s Day to all the moms building dreams, raising babies, running households, showing up for clients, and somehow still finding a way to keep going.

As a mom and business owner, I know how much love, sacrifice, planning, worry, and strength happens behind the scenes.

Today is for the moms who do it all — even when no one sees the full load they carry.

You are appreciated more than you know. Happy Mother’s Day. 💐

A lot of taxpayers hear about the G wagon write-off and follow this logic ↓heavy vehicle → depreciation → lower taxesAnd...
05/09/2026

A lot of taxpayers hear about the G wagon write-off and follow this logic ↓

heavy vehicle → depreciation → lower taxes

And yes, that can be true, within limits.

But what you're forgetting to plan for is what happens when it comes time to *sell* your G wagon. It's more than just what you paid vs. what you sold it for!

That depreciation you took advantage of in the past can get recaptured and taxed as ordinary income! 💸

Is it worth it? That's a question for you (and your tax accountant)! I can answer that! Message me!

Address

Stayton, OR
97383

Website

https://brentanotax.com/digital-products/

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