EP32 - 2026 Tax Law Changes: What Entrepreneurs Need to Know Before April

If you're waiting for 2026 to be business as usual, think again. Major tax law changes are rolling out this year, and waiting until tax season to learn about them could cost you serious money. The Big Beautiful Bill Act (OB3A) has extended some provisions from the Tax Cuts and Jobs Act while making significant changes that affect how you plan, pay, and save on taxes.In this episode, CPAs Anastasia and Myiesha break down exactly what's changing in 2026 and what you need to act on now. You'll learn about the continuation of 100% bonus depreciation for equipment purchases, new charitable donation deductions that don't require itemizing, major changes to pass-through entity tax rules, the elimination of electric vehicle and solar credits, and why you need to start your 2026 tax planning in January—not April. Whether you're a sole proprietor or running an S-Corp, this episode gives you the roadmap to navigate 2026's tax landscape strategically and avoid costly surprises.If you're planning major purchases, considering a short-term rental property, or simply want to maximize your deductions this year, this episode is your essential planning guide.⏱️ Timestamps:00:00 Introduction to 2026 Tax Changes00:05 Overview of OB Three A Rules01:02 Impact of Tax Cuts and Jobs Act Expiration03:08 Bonus Depreciation and Business Equipment04:43 Charitable Donations and Deductions07:17 Pass-Through Entity Tax and S Corporations11:51 Electric Vehicle and Solar Credits15:07 Planning for 2026 Tax Year22:11 Conclusion and Final TipsWhy subscribe? Every week, Let's Get Fiscal shares tax strategies and business finance advice that actually work for real entrepreneurs—not corporate-speak you can't use. You'll get specific, actionable tactics, real client scenarios, and answers to the money questions keeping you up at night. The goal is simple: make business finances less intimidating and more profitable.🔗 Listen everywhere:Apple Podcasts: https://podcasts.apple.com/us/podcast/lets-get-fiscal/id1831050448Spotify: https://open.spotify.com/show/08AjRNfqQJBdG1vPazii4Q?si=fb0379d3bef94f11Watch on YouTube: https://www.youtube.com/@letsgetfiscalpodcast📊 Helpful resources:Got a question for the show? Submit it here: https://www.coterietax.com/qaWant to listen to more episodes? Start here: https://www.coterietax.com/podcastNeed personalized help with your business finances? Visit: https://www.coterietax.comWhat's your biggest tax or money question right now? Drop it in the comments below—Anastasia and Myiesha read every comment and love helping with real-world situations.#2026TaxChanges #TaxPlanning #SmallBusinessTaxes #EntrepreneurTaxes #TaxLawChanges #BonusDepreciation #CharitableDeductions #PassThroughEntityTax #SCorpTaxes #QuarterlyEstimates #BusinessTaxStrategy #LetsGetFiscal