tax deduction Archives

New Tax Law Targets 37% Bracket: Plan Now to Save Later

by Emil Estafanous
November 20, 2025November 20, 2025

Beginning in 2026, individuals in the highest federal income tax bracket will face a new cap on itemized deductions. If you anticipate falling into the 37% bracket, now is the time to take proactive stepsRead More »New Tax Law Targets 37% Bracket: Plan Now to Save Later

New Tax Break for Factory Owners: QPP Explained

by Emil Estafanous
November 18, 2025November 18, 2025

The One Big Beautiful Bill Act (OBBBA) introduces a powerful new tax incentive for manufacturers and similar businesses. Under this legislation, companies can claim 100% first-year depreciation on nonresidential real estate classified as Qualified Production Property (QPP)—a significantRead More »New Tax Break for Factory Owners: QPP Explained