Small Business Tax Deductions-www.donpbaker.com #Insurance #Social Security#Diabetes annuity

Small Business Tax Deductions-www.donpbaker.com #Insurance #Social Security#Diabetes annuity

Don P. Baker Financial Group highlights key tax deductions available to small businesses, particularly in light of the Tax Cuts and Jobs Act (TCJA). The article emphasizes the importance of reassessing business deductions and entity structures to optimize tax benefits through 2025. Specific deductions discussed include depreciation of assets, accounting methods, meals, employer credits for family leave, and commuting costs. It also addresses the 20% Qualified Business Income (QBI) deduction for certain business structures like S Corps, partnerships, and sole proprietorships. The piece advises consulting with a tax advisor and reviewing IRS guidelines to ensure compliance and maximize savings. Finally, the article emphasizes the importance of making sure your current business structure is the most appropriate. Life Insurance for Those with Serious Health Conditions Contact Us! 📞 713-581-4366 🌐 www.donpbaker.com ✉️ [email protected] #Final Expense #FuneralArrangements # MedicalBills #CreditCardExpenses Living with diabetes, cancer, or other health conditions shouldn’t stop you from securing the protection you and your loved ones need. 📞 CALL NOW for your life insurance: 713-581-4366-Texas We return ALL clients' communications within 24-hours. More than 30 million Americans are living with diabetes, and half don’t have enough life insurance. Don’t be one of them. Our services offer comprehensive coverage options such as life insurance, health insurance, business policies, and more. We specialize in solutions for clients with specific health needs, including: Type 2 Diabetes Cancer Cardiovascular Conditions COPD Mobility Assistance We work with some of the most trusted carriers in the U.S. These reputable companies provide comprehensive coverage options backed by robust financial strength. Contact us today to explore how we can help you achieve your financial and health insurance goals with personalized attention and care. Don P. Baker DON P. BAKER FINANCIAL GROUP 📞 713-581-4366 🌐 www.donpbaker.com ✉️ [email protected]   / donpbaker     / donpbaker   #insuranceagent #Insurance #Social Security #Diabetes #COPD#annuity #DISABILITYINSURANCE #lifeinsurance #insurance #financialplanning #insurancebroker #retirement #financialadvisor#retirementplanning #finalexpense#insurancequote #financialplanning #RetirementPlanningInTexas