The CPA Zone: Tax Strategies for Small Businesses

In this episode of The CPA Zone, Ryan dives into Mirch v. Commissioner (TC Memo 2025-128) and highlights key lessons on real estate professional status, time logs, passive loss rules, and the dangers of ignoring IRS notices.   New Client Intake Form: https://www.thepulicegroup.com/contact STR Free Discovery Meeting: https://mailchi.mp/2e695f433691/str-free-discovery-meeting Join Our Real Estate Investor Mailing List: https://mailchi.mp/c33bb198a61c/rei-email-sign-up   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.  

Ryan breaks down how business owners and real estate investors can deduct their vehicle—from mileage vs. actual expenses to depreciation, Section 179, bonus depreciation, and the common IRS rules and traps to watch out for.   New Client Intake Form: https://www.thepulicegroup.com/contact STR Free Discovery Meeting: https://mailchi.mp/2e695f433691/str-free-discovery-meeting Join Our Real Estate Investor Mailing List: https://mailchi.mp/c33bb198a61c/rei-email-sign-up   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.