qualified business income deduction Archives - Fraim, Cawley & Company, CPAs

How to Claim 100% Bonus Depreciation in 2026: A CPA Guide

If you are hearing that “100% bonus depreciation is back” and wondering what that means for your 2026 tax bill, the basic answer is that many businesses can once again…

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March 31, 2026

Business Finance / Taxes & Tax Prep

Pass-Through Entity Taxes (PTET): SALT Cap Workaround or Trap?

Q: Is electing a state Pass-Through Entity Tax (PTET) always a smart SALT-cap workaround? A: Almost always – but not universally. PTET converts state tax into a deductible business expense,…

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June 26, 2025

Business Finance / Business Strategy & Marketing / Taxes & Tax Prep

C-Corp vs. S-Corp: Why the 21% Corporate Tax Rate Doesn’t Actually Save You Money

Q: Does the 21% corporate tax rate make a C-Corp cheaper than an S-Corp? A: No. After double taxation and lost pass-through benefits, most owners pay more overall with a…

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May 9, 2025