s-corp tax planning Archives - Fraim, Cawley & Company, CPAs

How to Maximize the QBI Deduction as an S-Corp Owner

Q: How can S-Corp owners maximize their QBI deduction? A: By strategically adjusting W-2 wages. For high-income S-Corp owners, the QBI deduction is limited by wage thresholds. Paying too little…

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August 1, 2025

Business Finance / Taxes & Tax Prep

Pass-Through Entity Taxes (PTET): SALT Cap Workaround or Trap?

Q: Is electing a state Pass-Through Entity Tax (PTET) always a smart SALT-cap workaround? A: Almost always – but not universally. PTET converts state tax into a deductible business expense,…

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June 26, 2025