06/12/2026
The 2026 tax year brings the expiration of major Tax Cuts and Jobs Act (TCJA) provisions—and for small business owners, the impact is going to be incredibly real.
If Congress doesn’t step in, we are looking at rising individual tax brackets, the expiration of the 20% QBI deduction for pass-through entities, and a shift where R&D expenses must be amortized over 5 years instead of written off immediately.
The businesses that come out ahead won't be the ones that scramble next April; they’ll be the ones conducting entity structure and strategy reviews right now.
On the brighter side, there are significant new tax plays hiding in green incentives, like the Commercial Clean Vehicle Credit and enhanced 179D deductions for energy-efficient buildings.
We’ve broken down exactly what’s changing, what to ignore, and how to sort the signal from the noise. Read the full brief here: https://tysllp.com/the-2026-tax-update-what-small-business-owners-need-to-know/
