TJD Accounting & Tax

Bonus depreciation is back to 100% — which is huge…
but here’s the problem:

Most business owners can’t claim it
because their asset list is outdated or incomplete.

If you’ve purchased equipment this year…
or gotten rid of old equipment…
your asset list needs to be updated before December 31st.

Here’s what to review:
✅ What you bought
✅ What you disposed of
✅ What qualifies for full bonus depreciation

Fixing your asset list now can literally save you thousands at tax time — and it takes less time than you think.

➡️ Watch the full year-end checklist on my YouTube channel.
➡️ Need help reviewing your assets? Book a consultation: tjdtaxservices.com/contact

S-Corp owners — the IRS is paying extra attention to your salary this year.

If your payroll data doesn’t match your books…
or if your pay isn’t considered “reasonable compensation”…
your W-2s and payroll taxes will be wrong.

And when that happens, you’re automatically on the IRS radar.

Before December 31st, make sure you:
✅ Compare payroll reports to your Profit & Loss
✅ Fix mismatches now, not during payroll filings
✅ Ensure your salary meets IRS “reasonable compensation” standards

This is one of the most common (and costly) S-Corp mistakes — and it’s completely avoidable.

➡️ Watch the full breakdown on my YouTube channel.
➡️ Need help reviewing your payroll? Book a consult: tjdtaxservices.com/contact

This Error Makes Your Tax Return WRONG

This mistake leads to incorrect tax returns more than anything else…
and most business owners don’t even realize they’re doing it.

If you haven’t reconciled ALL your accounts —
bank accounts, credit cards, loans, merchant processors —
your tax return will be wrong.

It only takes one mismatch to trigger IRS issues
or cause you to miss deductions you legally qualify for.

Before December 31st, make sure you:
✅ Reconcile everything through November
✅ Reconcile again at year-end
✅ Fix any mismatches now — not during tax season

Clean books = clean tax return.
And skipping this step is one of the costliest mistakes business owners make.

➡️ Watch the full year-end tax checklist on my YouTube channel.
➡️ Need help cleaning up your books? Book a call: tjdtaxservices.com/contact

The #1 Reason Your Tax Return Is Wrong

Most business owners don’t realize this…
If even ONE of your accounts isn’t reconciled — your tax return will be wrong.

Bank accounts.
Credit cards.
Loans.
Merchant processors.

If the numbers don’t match…
the IRS will notice — and your tax return won’t be accurate.

Before December 31st, make sure you:
✅ Reconcile everything through November
✅ Reconcile again at year-end
✅ Fix mismatches NOW, not during filing season

This is the first step in a smooth, stress-free tax season — and most businesses skip it.

➡️ Watch the full checklist breakdown on my YouTube channel
➡️ Need help cleaning up your books? Book a year-end review: tjdtaxservices.com/contact

The IRS just got smarter — and your bookkeeping needs to keep up.

One of the biggest changes this year is the IRS using AI to automatically match your books to your tax return.

If anything doesn’t line up — 1099s, payroll, merchant processors — you get flagged instantly.

And with higher penalties for incorrect W-2s and 1099s, waiting until January to fix your books can cost you thousands.

This is why year-end prep matters more now than ever.
If your books aren’t clean, your tax season won’t be either.

➡️ Watch the full breakdown on my YouTube channel
➡️ Need help preparing? Book a year-end tax strategy call: tjdtaxservices.com/contact

The #1 Year-End Tax Move (Most Business Owners Skip)

The #1 tax-saving move most business owners skip?
A year-end tax review.

This is where you catch
missed deductions,
wrong payroll,
entity issues,
and strategies that only work BEFORE December 31st.

This clip is part of my full video:
“10 Last-Minute Tax Moves Business Owners Can Still Make Before December 31st.”

👉 Watch the entire video on my YouTube channel.
👉 Want help reviewing your numbers? Schedule a consultation today — spots are filling fast.

Clean Up Your Books Before January

Messy books = missed deductions.
Missed deductions = higher taxes.

Before January hits,
you should be reconciling every account,
categorizing every expense,
and fixing every error.

Clean books aren’t optional —
they’re the foundation of a clean tax return.

This clip comes from my full YouTube video:
“10 Last-Minute Tax Moves Business Owners Can Still Make Before December 31st.”

👉 Watch the full breakdown on my YouTube channel.
👉 Need help getting your books caught up? Schedule a consultation.

Write Off Bad Receivables Before Year-End

If someone didn’t pay you —
you shouldn’t have to pay taxes on it.

Accrual-basis businesses can write off uncollectible invoices before year-end…
and reduce taxable income immediately.

This is one of the MOST overlooked tax moves.

This clip comes from my full video:
“10 Last-Minute Tax Moves Business Owners Can Still Make Before December 31st.”

👉 Watch the entire video on my YouTube channel.
👉 Need help cleaning up your receivables or books? Schedule a consultation.

Want to lower your tax bill and increase your retirement savings at the same time?

SEP IRA.
Solo 401(k).
Traditional retirement accounts.

These are some of the easiest dollar-for-dollar tax reductions you can still make before December 31st.

This clip is from my full YouTube video:
“10 Last-Minute Tax Moves Business Owners Can Still Make Before December 31st.”

👉 Watch the full breakdown on YouTube.
👉 And if you want a customized strategy, schedule a consultation.

Use 100% Bonus Depreciation Before December 31st

Bonus depreciation is back to 100% — which means you can write off the full cost of equipment, computers, machinery, cameras, and heavy vehicles THIS YEAR.

If you were planning a purchase for early 2025…
Move it to December and maximize your tax savings.

This clip comes from my full video:
“10 Last-Minute Tax Moves Business Owners Can Still Make Before December 31st.”

👉 Watch the full version on my YouTube channel.
👉 If you need help determining what qualifies, book a consultation — I’ll walk you through it.

Pre-Pay Expenses to Drop Your Tax Bill

Did you know you can legally lower your tax bill this year by pre-paying certain expenses before December 31st?

Rent, utilities, software, insurance —
If you’re a cash-basis business, these deductions apply the moment you pay them.

This clip is from my full YouTube video:
“10 Last-Minute Tax Moves Business Owners Can Still Make Before December 31st.”

👉 Watch the full breakdown on my YouTube channel.
👉 Need help determining what qualifies? Schedule a consultation — I’ll walk you through it.