Fraim, Cawley & Company, CPAs

09/17/2025

The QBI deduction can slash your S-Corp taxes—if you pay the right salary. Learn how to model compensation and avoid costly IRS mistakes.

09/16/2025

Explore how the One Big Beautiful Bill Act reshapes 2026 taxes—permanent QBI, higher SALT cap, $2,200 child credit, Pease repeal, and more.

07/29/2025

QSBS can wipe out up to $10M capital gain—but only for C-Corps held 5 years and sold as stock, not assets. See who qualifies & who doesn't.

07/14/2025

Living abroad? GILTI can beat an S-Corp only under strict rules—foreign CFC, no US activity, compliance. See when it pays and when it doesn't.

07/07/2025

PTET lets your entity deduct state tax, but it can backfire if you itemize or file in multiple states. See when the election helps.

06/30/2025

Owning your partnership interest through an S-Corp can shield you from self-employment tax—if it’s structured correctly and backed by economic substance.

06/24/2025

Think registering your business in a no-tax state will shield you from income tax? States like California and New York disagree — and may still claim tax based on where you live or where your customers are.

06/17/2025

Learn how to determine a reasonable salary from your S-Corp to avoid IRS penalties and optimize tax savings. Covers IRS guidelines, case law, and salary calculation methods.

06/06/2025

You might think you can deduct clothing, therapy, or even a pet guard dog. But the IRS has strict rules. See what business owners can’t deduct — and where the courts draw the line.

06/03/2025

There’s one case where a C-Corp can save taxes: when paired with an S-Corp and done strategically. Learn how this hybrid setup works, who it’s right for, and how to avoid the expensive pitfalls.

06/03/2025

Think a C-Corp’s 21% tax rate is a smarter move than an S-Corp? Think again. We break down the real math behind corporate vs. pass-through taxation, QBI loss, PTET rules, and why most business owners save more with an S-Corp.

05/02/2025

🚨 Big tax changes are coming in 2026!

The Tax Cuts and Jobs Act (TCJA) is set to expire — and with it, some of the most impactful tax provisions in decades. If you’ve benefited from the 20% QBI deduction, lower tax brackets, bonus depreciation, or the expanded child tax credit…this is going to matter.

We broke down everything you need to know and what steps you should be taking now to prepare. Don’t let these changes catch you off guard!

👉 Read the article here:

Major tax changes are coming in 2026 with the expiration of the Tax Cuts and Jobs Act (TCJA). Learn what’s going away: QBI deduction, bonus depreciation, lower tax rates - and how to plan before it hits.