101 | Tax Law Changes Every Home Service Business Owner Needs to Know with Cyndi Warren

Show InformationEpisode Number: 101Date: August 15, 2025Duration: 35:47Host Contact InformationHost: Justin DeeseWebsite: JustinDeese.comContact: [email protected] Contact InformationGuest: Cyndi WarrenCompany: Warren AverettGuest Website: WarrenAverett.comGuest Email: [email protected] this episode, Justin and guest co-host Kristen welcome Cyndi Warren, Partner at Warren Averitt, to break down the recent sweeping tax legislation and what it means for home service business owners. From bonus depreciation to overtime deductions, R&D expensing to the elimination of certain meal deductions, Cyndi shares practical insights to help you prepare, adapt, and maximize the benefits available. Whether you run a plumbing, HVAC, or electrical business, you’ll walk away with actionable tips to stay compliant and profitable under the new tax landscape.TakeawaysQualified Business Income Deduction extended, potentially saving business owners thousands.Bonus depreciation reinstated—100% write-off for equipment placed in service.Section 179 vs. bonus depreciation—when to choose one over the other.New overtime deduction rules and W-2 reporting changes for 2025.Many clean energy credits expiring—plan now if you rely on them.R&D expenses can be fully expensed again starting in 2025.Employer-provided meals will no longer be deductible after 2025 (with some exceptions).1099 reporting threshold increasing to $2,000 in 2026.Chapters00:00 – Welcome & Introductions02:00 – How fast the new bill became law05:00 – Qualified Business Income Deduction extended06:30 – Bonus depreciation vs. Section 179 explained10:00 – Lessons from selling a business with depreciated assets11:00 – New overtime deduction rules for employees15:00 – The end of certain clean energy credits16:45 – Interest expense deduction changes18:00 – R&D expenses fully deductible again in 202522:00 – Employer-provided meals deduction ending26:00 – 1099 reporting threshold increase28:00 – ERTC audits and lessons learned30:15 – About Warren Averitt and Cyndi’s ideal clients33:45 – How to connect with Cyndi WarrenKeywords#FreedomBlueprintPodcast #JustinDeese #CyndiWarren #WarrenAveritt #HomeServiceBusiness #HVACBusiness #PlumbingBusiness #ElectricalBusiness #TaxPlanning #BonusDepreciation #Section179 #OvertimeDeduction #RAndDExpense #CleanEnergyCredits #BusinessTaxTips #SmallBusinessFinance #QBIDeduction #ERTC #HomeServiceGrowthMentioned in this episode:Homeservicehoorah.com