Kyle Beltle, CPA, CTP

06/03/2026

Here are the top 5 things I see that create multi-state tax filing requirements for companies:

1. You have remote employees or contractors in other states
2. You or your team travel to clients, or jobs, in other states
3. You’ve crossed an economic threshold in another state
4. You registered to do business in another state
5. You have some other form of physical presence in another state

Check out my full blog article for a full breakdown, including next action steps:

Here is a common mistake I see business owners making: they assume they are not a multi-state business unless they have offices in other states. In reality, that is rarely what triggers multi-state exposure.Most businesses become multi-state much more quietly than that. Sometimes it starts with hiri...

04/24/2026

𝙏𝙝𝙚 𝙐𝙡𝙩𝙞𝙢𝙖𝙩𝙚 𝙎𝙢𝙖𝙡𝙡 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙒𝙧𝙞𝙩𝙚-𝙤𝙛𝙛: 𝙎𝙚𝙘𝙩𝙞𝙤𝙣 179
Under IRC §179, you can immediately expense (i.e. write-off) up to $2.5MM of qualifying business property—no waiting to depreciate it over numerous years. It’s extremely helpful for cash flow and for growth.

Here are some of the things that qualify for Section 179 in 2026:
🖥️ 𝘊𝘰𝘮𝘱𝘶𝘵𝘦𝘳𝘴 & 𝘖𝘧𝘧𝘪𝘤𝘦 𝘛𝘦𝘤𝘩
⚙️ 𝘔𝘢𝘤𝘩𝘪𝘯𝘦𝘳𝘺 & 𝘌𝘲𝘶𝘪𝘱𝘮𝘦𝘯𝘵
🚛 𝘉𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘝𝘦𝘩𝘪𝘤𝘭𝘦𝘴 (𝘴𝘶𝘣𝘫𝘦𝘤𝘵 𝘵𝘰 𝘭𝘪𝘮𝘪𝘵𝘴)
🪑 𝘖𝘧𝘧𝘪𝘤𝘦 𝘍𝘶𝘳𝘯𝘪𝘵𝘶𝘳𝘦
📶 𝘚𝘰𝘧𝘵𝘸𝘢𝘳𝘦
🔧 𝘚𝘢𝘧𝘦𝘵𝘺 & 𝘚𝘦𝘤𝘶𝘳𝘪𝘵𝘺 𝘜𝘱𝘨𝘳𝘢𝘥𝘦𝘴
🏢 𝘜𝘱𝘨𝘳𝘢𝘥𝘦𝘴 𝘵𝘰 𝘺𝘰𝘶𝘳 𝘰𝘧𝘧𝘪𝘤𝘦 𝘴𝘱𝘢𝘤𝘦 (𝘪.𝘦. 𝘓𝘦𝘢𝘴𝘦𝘩𝘰𝘭𝘥 𝘐𝘮𝘱𝘳𝘰𝘷𝘦𝘮𝘦𝘯𝘵𝘴)

Almost all of these have various rules around what you can take & how, so make sure to consult with your tax professional before making any purchases. But by writing off these costs all upfront, you reduce taxable income today which helps free up cash for reinvestment tomorrow.

04/16/2026

💡 Which Retirement Plan Is Right for You? 💡
When it comes to choosing the right pre-tax retirement plan, matching your business needs with the plan’s features is key:

✅A SEP IRA is ideal for self-employed individuals or small business owners with no employees and fluctuating income. It provides a simple, flexible plan where you decide your contributions each year without hefty administrative burdens. For 2026, the maximum SEP contribution is up to $72,000.

✅A SIMPLE IRA is perfect for small businesses with 100 or fewer employees that want to offer retirement benefits in the most inexpensive & simplest way possible. For 2025, the maximum contribution to a SIMPLE IRA is $17,000 for those under 50, and $21,000 for those over 50.

✅A Solo 401k is an excellent choice for those who are self-employed with no full-time employees aside from a spouse. It combines high contribution limits with the ability to contribute as both employee and employer, making it a powerful tool for maximizing retirement savings while keeping administration manageable. For 2026, the maximum Solo 401k contribution is $72,000.

✅A traditional 401k, on the other hand, works best for companies with multiple employees who are looking for the most diverse investment options, and the most options for making employer contributions. For 2026, the maximum employees can contribute from their paychecks to a 401(k) is $24,500, employers can contribute an additional $47,500 ($72,000 combined), and those over 50 can make an additional $8,000 catch-up contribution for those age 50 and over.

Each plan has its strengths, so make sure you choose the one that aligns best with your current business stage and financial goals!

04/13/2026

🤯 Think you’ve taken out every tax deduction? Here are 5 fun, but 100% legit, write‑offs for coaches & consultants in 2025:

1️⃣ AI & SaaS Subscriptions
• ChatGPT, Claude, Canva Pro, Otter.ai, Zapier—any online tools you use to draft client emails, automate tasks, brainstorm business ideas, do business research, or transcribe calls can be fully deductible.

2️⃣ Home Office Upgrades
• Beyond the square‑foot calculation, you can expense that new standing desk, ergonomic chair, ring light, noise‑canceling headphones—even décor that makes your Zoom backdrop pop.

3️⃣ Coworking & Café Costs
• Daily or monthly passes at coworking spaces, plus coffee and light snacks when you host clients or brainstorming sessions outside your home, qualify as business expenses.
• Just be sure to log the date, location, and business purpose for each visit.

4️⃣ Subscription Boxes & Learning Clubs
• MasterClass, Blinkist Pro, monthly business‑book boxes, membership fees for peer masterminds—if it fuels your professional development, write it off.

5️⃣ Business Gifts & Swag
• Branded notebooks, mugs, client gift cards, or thank‑you treats—up to $25 per recipient per year can be written off

Anything you're wondering is a write off or not? Drop your question in below & I'll chime in!

Otter AI Meeting Agent supports real-time transcription, live chat, automated summaries, insights, and action items.

03/26/2026

Business owners:
IMO, one of the best tax deductions is investing in yourself. There are so many ways you can do this:
• Buying books
• Joining professional associations
• Attending a conference
• Taking an oline course
• Joining an online community
• Hiring a business coach

Most expenses have little direct benefit to you. But with professional development you get a direct benefit while building your business.

How are you investing in yourself right now? Any good books you're reading\conferences you're getting ready to attend?

03/18/2026

🧠𝘍𝘪𝘭𝘪𝘯𝘨 𝘢 𝘵𝘢𝘹 𝘦𝘹𝘵𝘦𝘯𝘴𝘪𝘰𝘯 𝘪𝘴𝘯’𝘵 𝘢 𝘣𝘢𝘥 𝘵𝘩𝘪𝘯𝘨; 𝘪𝘵’𝘴 𝘢𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘢 𝘴𝘮𝘢𝘳𝘵 𝘮𝘰𝘷𝘦.

There’s this idea floating around that if you file an extension, its a "bad thing" or that the IRS is going to come knocking. Not true. Extensions are a perfectly legal, common part of tax planning. In fact, filing one can actually save you time, money, and stress.

⏰More time = better accuracy. Rushing to file increases the risk of errors, missed deductions, or even forgetting key documents. An extension gives you six more months to file a complete and accurate return.
🗺️Strategic planning. If you're waiting on a K-1, tying up year-end bookkeeping, or exploring tax strategies, the extension gives you breathing room to do it right.
☺️Peace of mind. The IRS doesn’t view extensions negatively. It’s far better to file an extension than to file something incomplete and amend it later.

Just remember: An extension to file is not an extension to pay. If you owe, you still need to estimate and pay by 4/15 to avoid penalties.

03/11/2026

🆓𝘍𝘳𝘦𝘦 𝘏𝘰𝘮𝘦 𝘖𝘧𝘧𝘪𝘤𝘦 𝘋𝘦𝘥𝘶𝘤𝘵𝘪𝘰𝘯 𝘊𝘢𝘭𝘤𝘶𝘭𝘢𝘵𝘰𝘳!🏠
Most people have heard of the home office deduction—it lets you take a tax write off for using part of your home for business purposes. But how exactly is it calculated, and how do you take it?

First off, let's talk about how you get the deduction, as this depends entirely on how your business is taxed.
• 𝘕𝘰𝘯-𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘰𝘸𝘯𝘦𝘳𝘴 - If you don't own a business then unfortunately you're not eligible for this deduction. However, you can still ask your employer if they'd be willing to reimburse you for certain expenses for allowing you to work from home (e.g. desk, additional monitor, etc.).
• 𝘚𝘰𝘭𝘦 𝘗𝘳𝘰𝘱𝘳𝘪𝘦𝘵𝘦𝘳𝘴 (i.e. Schedule C) - For those being taxed as a sole prop, you have two options. The first is to take the home office deduction on form 8829, which is a part of filing your personal 1040. The second is by using the simplified method; reported on Sch C. Under this method you get a deduction of $5 per square foot for the part of your home used for business, up to a maximum of 300 square feet (i.e. $1,500 max deduction).
• 𝘗𝘢𝘳𝘵𝘯𝘦𝘳𝘴𝘩𝘪𝘱𝘴 - If your business is taxed as a partnership, you can either submit a reimbursement to your company for your home office expenses, or submit them as unreimbursed partner expenses (UPE) on Schedule E, part II (part of filing your personal 1040).
• 𝘚-𝘊𝘰𝘳𝘱𝘴 - If your business is an S-Corp, you will want to submit a reimbursement to your company for your home office expenses.

Second, let's discuss how to calculate it. As most people get reimbursed using the regular method (i.e. calculate actual expenses based on the percentage of your home used for business), I'll focus on that in this post. For those taxed as a sole prop, you'll go through a very similar exercise when you fill out form 8829. Finally, to help illustrate this, I've linked a how-to video below, and a free home office deduction calculator template.
1. Download a copy of the home office reimbursement template (https://2ly.link/2EUTI)
2. Fill in the date range for which you'll be reimbursed
3. Fill in the square footage of your home office, and the square footage of your home
4. Enter your indirect expenses
5. Enter your direct expenses
6. The sheet will automatically calculate the reimbursement you're eligible for
7. Submit this sheet as part of your company's normal expense reimbursement process

The home office deduction isn’t one-size-fits-all. But for those who get reimbursed, this template provides a simple & easy way to get the deduction & keep more of what you earn!

𝘝𝘪𝘥𝘦𝘰: https://lnkd.in/exYWQEsf
𝘛𝘦𝘮𝘱𝘭𝘢𝘵𝘦: https://2ly.link/2EUTI

02/25/2026

💇‍♀️🍽️ 𝘛𝘩𝘦 𝘍𝘐𝘊𝘈 𝘛𝘪𝘱 𝘊𝘳𝘦𝘥𝘪𝘵 𝘏𝘢𝘴 𝘉𝘦𝘦𝘯 𝘌𝘹𝘱𝘢𝘯𝘥𝘦𝘥 & 𝘵𝘩𝘦 𝘐𝘙𝘚 𝘮𝘢𝘺 𝘰𝘸𝘦 𝘺𝘰𝘶𝘳 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘮𝘰𝘯𝘦𝘺

For years, restaurants have benefited from one of the most valuable credits in the tax code: the 𝘍𝘐𝘊𝘈 𝘛𝘪𝘱 𝘊𝘳𝘦𝘥𝘪𝘵. What many business owners don’t realize is that eligibility has expanded and more businesses are now eligible!

𝗪𝗵𝗮𝘁 𝗜𝘀 𝘁𝗵𝗲 𝗙𝗜𝗖𝗔 𝗧𝗶𝗽 𝗖𝗿𝗲𝗱𝗶𝘁?
The F**A Tip Credit allows certain employers to claim a dollar-for-dollar federal income tax credit for the employer portion of F**A taxes paid on employee tips.

𝗪𝗵𝗼 𝗤𝘂𝗮𝗹𝗶𝗳𝗶𝗲𝘀?
Businesses in the food & beverage industry like restaurants, bars, and cafés qualify. In addition, businesses in the beauty and personal care industry, such as salons, barber shops, nail salons, and spas are now eligible! The key is that these businesses must be places where:
• Tipping is customary
• Tips are reported as wages
• The employer pays F**A on those tips

𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀
Even though a tip is income a customer is giving directly the employee (i.e. not wages paid by the business) the business still pays taxes on it. This credit helps to offset that tax burden. Also, there is no cap on the credit, and it can be claimed every year. For profitable service businesses, this can translate into meaningful, recurring tax savings.

𝘌𝘹𝘢𝘮𝘱𝘭𝘦:
If a restaurant reports $300,000 of employee tips, the employer F**A (7.65%) on those tips is roughly $𝟮𝟯,𝟬𝟬𝟬. That amount then becomes available as a direct tax credit to the employer.

𝗕𝗼𝘁𝘁𝗼𝗺 𝗟𝗶𝗻𝗲
If your business has tipped employees, the F**A Tip Credit is a must-review item. When claimed correctly, it can materially reduce your tax bill year after year.

02/23/2026

𝘞𝘩𝘺 𝘐'𝘮 𝘯𝘰𝘵 𝘢 𝘧𝘢𝘯 𝘰𝘧 𝘣𝘪𝘨 𝘵𝘢𝘹 𝘳𝘦𝘧𝘶𝘯𝘥𝘴:

A massive tax refund feels great—until you realize what it actually means. You overpaid your taxes all year, and now the IRS is just giving you your own money back… with zero interest.

Instead of giving the IRS a free loan, you could have kept more of your cash throughout the year:
✔️ Invest it, and earn returns
✔️ Pay down debt, and save on interest
✔️ Reinvest in your business, and grow faster

If your refunds are consistently large, adjust your withholdings\estimated payments. A perfect tax plan doesn’t leave you with a massive bill or a massive refund—it leaves you with more control over your cash.

02/20/2026

🔄 𝘏𝘰𝘸 𝘵𝘰 𝘧𝘭𝘪𝘱 𝘛𝘰𝘥𝘢𝘺’𝘴 𝘓𝘰𝘴𝘴 𝘪𝘯𝘵𝘰 𝘛𝘰𝘮𝘰𝘳𝘳𝘰𝘸’𝘴 𝘛𝘢𝘹 𝘞𝘪𝘯 🔄
An 𝗡𝗢𝗟 (𝗡𝗲𝘁 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗟𝗼𝘀𝘀) is just a tax term for when your business losses money in a year. While losses are never fun, the silver lining is you can carry that loss forward indefinitely and use it to offset up to 80 % of the current year’s income. In other words, lower tax bills in your next profitable years and better cash flow when you need it most.

𝗪𝗵𝘆 𝘆𝗼𝘂 𝗺𝗶𝗴𝗵𝘁 𝗵𝗮𝘃𝗲 𝗮𝗻 𝗡𝗢𝗟:
• Large first year startup costs
• Cost seg or bonus depreciation creating huge deductions
• A down year in a cyclical industry

𝗜𝗹𝗹𝘂𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗡𝗢𝗹'𝘀 🧮:
Let's say your business lost ($300K) in 2025, and then had a profit of $200K this year, and $150K in 2027. The beauty of NOL's is that you don't loose that ($300K), you get to carry it forward! See the image below for an illustrated breakdown.


🛠️ 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴 𝗧𝗶𝗽: Switching tax preparers? Make sure your new preparer has copies of your last two returns and are aware of any losses you had. Overlooked carry forwards are one of the simplest ways new clients overpay.

Losses sting, but if you carry them forward they’re a built in rebate on future profits.