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Tax Savings Tips for Startups

Harness Wealth

The qualified business income deduction under Section 199A adds another layer of consideration, offering pass-through entities a potential 20% deduction through 2025. million in total purchases, enables strategic planning of major technology investments. This generous limit, with phase-out beginning at $3.05

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All the Tax Benefits You Need for Your Small Business

Harness Wealth

Understanding business meal deductions Business meals continue to serve as a valuable tax deduction in 2025, with most qualifying expenses being 50% deductible when they involve legitimate business discussions with clients, customers, or associates.

Taxes 52
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Talent Acquisition in the Tax Industry: Addressing the Ongoing Shortage

Harness Wealth

Stereotypes of long hours spent on tedious compliance work tend to overshadow the intellectual challenges, problem-solving opportunities, and the potential for strategic advisory roles within the field. Perception of the profession The tax profession also suffers from an image problem in the eyes of younger generations.

Taxes 52
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State-by-State Guide to Alternative Investment Taxes [Updated for 2025]

Harness Wealth

These programs can substantially reduce effective tax rates for qualifying investments, though careful attention to compliance requirements is necessary. New York Their stringent BitLicense requirements impose substantial compliance costs on cryptocurrency investors while maintaining high tax rates on digital asset gains.

Taxes 52
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Talent Acquisition in the Tax Industry: Addressing the Ongoing Shortage

Harness Wealth

Stereotypes of long hours spent on tedious compliance work tend to overshadow the intellectual challenges, problem-solving opportunities, and the potential for strategic advisory roles within the field. Perception of the profession The tax profession also suffers from an image problem in the eyes of younger generations.

Taxes 52