year-end tax planning

S-Corp Health Insurance and Medical Reimbursement Moves Before December 31

Before the year closes, make sure your health insurance and medical reimbursement plans are compliant and deductible. From S-corp payroll treatment to HRAs and small employer plans, here’s how business owners can protect 2025 deductions and prepare for 2026.

OBBBA 2025: Maximize Your Business Vehicle Deduction Before Year-End

Need more 2025 deductions and a vehicle upgrade. The One Big Beautiful Bill Act restored 100 percent bonus depreciation and expanded Section 179 limits. Here is how to pick the right vehicle, document business use, and lock in a first-year write-off before December 31.

Understanding the Gift Tax in 2025: How to Use It Before Year-End

The 2025 gift and estate tax exemption remains at $13.99 million per person, doubling for married couples. Individuals can give up to $19,000 per recipient this year tax-free. Strategic gifting before year-end secures these benefits permanently ahead of the 2026 exemption reduction.