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May 2024

MAXIMIZE THE QBI DEDUCTION

BEFORE ITS GONE

The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So if you’re eligible, you want to make the most of the deduction while it’s still on the books because it can potentially be a big tax saver.


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STRATEGIES FOR MANAGING CAPITAL

GAINS IN BUSINESS

Navigating the realm of capital gains and optimizing tax outcomes require strategic thinking and informed decision-making. Understanding and employing effective capital gains tax strategies is crucial for businesses contemplating asset sales or long-term investments. However, it’s important to note that every business situation is unique, and leveraging the expertise of a Certified Public Accountant (CPA) is advisable for tailored tax planning and advice.



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DON'T HAVE A TAX-FAVORED RETIREMENT PLAN? SET ONE UP NOW!

If your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules allow for significant tax-deductible contributions.



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HT2'S ELLIOT PAVIS AWARDED THE

ALL-AZTECS GOING PRO AWARD!

Our very own Elliot Pavis was awarded the All-Aztecs Going Pro Award! Elliot is a student-athlete at SDSU, playing men's soccer. Aztecs Going Pro is an SDSU Athletics Student-Athlete Development Program that provides students with one-on-one coaching and learning opportunities to prepare them for their post-graduate plans. We are proud of Elliot's achievements and are thrilled he has chosen to join our team full-time.

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