Can One Hire Change Everything?

 

Most owners spend too much time thinking about cost when they hire.

Salary. Benefits. What it will do to payroll.

But the real question is different.

What happens when you bring in someone who actually moves the needle?

Someone who finds opportunities you did not see. Someone who connects people and ideas quickly. Someone who solves problems without waiting to be told what to do.

One A player can change the speed of an entire company.

These post are crushing it right now on Linkedin.

Here is what’s quietly effective, what’s a waste of time, and where people are actually getting traction.

And here’s one you probably don’t want to hear…

LinkedIn posts with photos, especially selfies, are crushing it right now.

Recent algorithm reports show that LinkedIn favors posts with images more than almost any other type of post.

So yes. Bust out your phone and snap a selfie of your beautiful mug with your next LinkedIn post.

Then let me know how it performs.

Larry

Got grandchildren?

 

Personally, just a few years ago, I started with $5 and the current balance is $1,580.57

Take a second and see how!!

You can get your grandkids (or your self) started with as little as $5

Speed Wins Deals

 

A lot of people believe the biggest advantage in business is intelligence.

Or capital.

Or connections.

Those help.

But one of the biggest advantages I have seen over the years is something much simpler.

Speed.

The people who move first often get the deal.

The people who hesitate usually end up watching someone else take it.

I have seen deals, tax benefits, and opportunities disappear simply because someone needed another week to think about it.

Meanwhile someone else already moved forward.

Tariffs went up.

So did freight. 

So did everyone’s blood pressure. 

See how business owners are actually modeling these costs instead of just absorbing them and hoping.

Understand the Tax Details When Starting a Business

If you’re thinking about starting a business, make sure you understand your federal tax responsibilities before opening your doors. IRS Publication 583, Starting a Business and Keeping Records, covers the basics. Your business structure (such as a sole proprietorship, partnership, limited liability company or corporation) determines which forms you must file and which taxes apply, including income, self-employment, employment and excise taxes.

You may also need an Employer Identification Number for tax purposes, and you should be aware of your recordkeeping requirements. Starting a business is exciting, and getting the tax details right is important. Contact the office for assistance.

Businesses Regain Immediate Deduction for R&E Expenses.

If your business conducts research or product development, a significant tax law change could unlock tax savings. The 2025 tax legislation, commonly known as the One Big Beautiful Bill Act (OBBBA), reinstated the ability to immediately deduct domestic research and experimental (R&E) expenses.

This change reversed a key provision of the Tax Cuts and Jobs Act (TCJA) that required businesses to capitalize and amortize domestic R&E expenses over five years and foreign R&E expenses over 15 years. As a result, you may have new tax-saving opportunities as you prepare your 2025 tax return and plan for 2026.

What the Change Means for Your 2025 Filing

Beginning with eligible 2025 expenses, businesses can once again deduct U.S.-based R&E costs in full in the year they're incurred. This can significantly reduce taxable income and improve cash flow.

The law also provides flexibility for prior-year R&E expenses. You can potentially accelerate deductions that previously you would have had to spread over multiple years.

Strategies to Maximize R&E Tax Benefits

Businesses should consider the following when assessing R&E expenditures:

Amend returns for prior years. Small businesses (generally those with average annual gross receipts of $31 million or less over the past three years) may be able to apply the rule retroactively. If eligible, you can file amended returns for 2022, 2023 and/or 2024 to claim immediate deductions for domestic R&E expenses previously amortized and, potentially, receive a tax refund for those years. You must file the amended return(s) by July 4, 2026.

More quickly claim remaining deductions. Businesses of any size that capitalized and began amortizing R&E expenses in 2022, 2023 and/or 2024 can accelerate their deductions for the remaining unamortized balance. You can deduct it entirely on your 2025 return or split it ratably between your 2025 and 2026 returns, rather than continuing amortization over the original five-year period.

Bring research activities back onshore. The immediate deduction makes domestic research activities significantly more attractive from a tax perspective. While under prior law, U.S.-based R&E already benefited from shorter amortization periods, the difference between an immediate deduction and a 15-year amortization schedule for foreign research further strengthens the incentive to locate R&E activities in the United States.

Consider the research credit. A tax deduction reduces your taxable income, while a tax credit reduces your tax bill dollar-for-dollar and is generally more valuable. You may be eligible for the credit for "increasing research activities," but fewer types of expenses qualify for the credit than for the R&E deduction. While you can benefit from both, you can't receive a double tax benefit for the same costs.

Seek Guidance

The return of the immediate deduction for R&E expenses can bring planning opportunities for businesses.