A mid-sized electrical contractor in California saved $175,000 on their taxes by understanding one simple rule: equipment placed in service after January 19, 2025 qualifies for 100% bonus depreciation instead of just 40%. If you're planning equipment purchases whether it's a single excavator or an entire fleet upgrade, this permanent tax change could dramatically reduce your tax bill. But timing, state rules, and coordination with Section 179 all matter. Here's everything con

Construction business owners at $5M-$10M in revenue face a hidden profit drain that has nothing to do with material costs, labor shortages, or project delays. It's self-employment tax and most contractors are paying far more than necessary. Self-employment tax hits sole proprietors and LLC members at 15.3% on all net business income. On $200,000 in net profit, you're paying over $30,000 in self-employment tax alone before income tax even enters the picture. Every dollar unnec