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Accounting and Accountability

Podcast 129: $500K Tax-Free Gains, SALT Cap Surprises & Strategy That Sticks

Nov 17, 2025

In this episode:

  • Why outdated beliefs about avoiding taxes on home sales can be costly, and the real rules you need to follow today.

  • A surprising stat on how much of the country’s income taxes are paid by just the top 1%.

  • Key updates to Social Security thresholds, earnings limits, and the wage base for 2026.


Oct 31, 2025

In this episode: 

  • C vs. S corp: where taxes really hit

  • LLCs vs. S corps: payroll and flexibility

  • Double taxation decoded

  • Profit splits: fair or fixed?

  • When losses save you money

  • Recourse vs. nonrecourse debt explained

  • Why planning before filing matters

  • Clean books = real tax options

  • Hiring experts...


Oct 17, 2025

In this episode:

  • What the IRS’s latest move on paper checks means for your refund timing.

  • The “tip deduction” that could put more money back in the pockets of both employees and self-employed workers.

  • New per diem rates that might change how your company reimburses travel.

  • A helpful update for...


Oct 3, 2025

In this episode:

  • Navigating government shutdowns and IRS updates for business owners
  • The impact of state vs. federal marijuana laws on business deductions
  • Understanding the QBI deduction and how it affects entrepreneurs
  • Beneficial ownership reporting: what changed and why it matters
  • Key tax deadlines and what to do...


Sep 19, 2025

In this episode:

• Why the IRS is phasing out paper checks and what that means for paying or receiving tax refunds going forward

• How misleading labels on draft IRS forms could confuse clients (hint: “No Tax on Tips” doesn’t actually mean that)

• A major 401(k) rule change for high earners that could impact...