Logan Sendle
7.1K posts

Logan Sendle
@logansendle
Founder https://t.co/xCrhXsVPHp 300+ 5 ⭐️ reviews on Google and Fb






Some of the most profitable businesses can still overpay 6-figures in tax every year because nobody ran the W-2 math before December. Once a business crosses $200,000 in profit, the tax playbook changes and you need to have a different conversation. If your adjusted gross income (AGI) is below certain levels, you can get the qualified business income deduction even if you did not pay any W-2 wages. Above those thresholds, the deduction gets capped by W-2 wages actually on payroll. For single filers, that cutoff lands around $197,000 in AGI. For married filing jointly, it sits around $400,000. A company running entirely on 1099 contractors at that income level needs to see this coming before year-end. No W-2 wages above the threshold means no deduction. That gap can be tens of thousands of dollars every single year. One route you can take is transitioning some of the workforce to W-2 before December 31st. Another is finding ways to bring AGI below the limitation while there is still time. Both work when the conversation starts in October. One call in Q4 can change the outcome more than anything done after January 1st. If you found this helpful, follow @bradncpa for more breakdowns like this.




Boye Mafe to the #Bengals per his agent.














