Werner: Avoid Tax Surprises for Clients | Quick Tax Tip

Unexpected tax bills erode trust fast. Most are preventable—if CPAs spot the warning signs early enough.

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Quick Tax Tip
With Art Werner
CPE Today

Surprise tax bills remain one of the most common—and avoidable—sources of client frustration. In most cases, the issue isn’t aggressive planning gone wrong, but passive assumptions left unchecked throughout the year.

Tax attorney Art Werner, JD, points to predictable triggers: income that rises while withholding stays flat, investment activity that isn’t incorporated into estimates, and planning decisions made without coordination across the return.

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Variable income is a frequent culprit. Bonuses, equity compensation, retirement withdrawals, and side-business earnings can easily push clients into higher brackets or trigger phaseouts.

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1099 Chaos Averted? | Quick Tax Tip

The OBBBA just reset the rules.

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Quick Tax Tip
With Art Werner
CPE Today

For the last several years, tax professionals, small businesses, and even casual online sellers have been living through what Quick Tax Tip host Art Werner calls “a fun roller coaster ride”—if you think tax compliance roller coasters are fun.

In this episode, Werner breaks down the whiplash-inducing changes to Form 1099-K and the brand-new thresholds for 1099 reporting, and explains how Congress, the IRS, and a long list of confused taxpayers all contributed to the mess.

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If you accept payment cards or use third-party payment processors such as PayPal, Venmo, Square, or Stripe, you may already know this story.

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Section 179 Supercharged | Quick Tax Tip

The deduction’s previous cap of $10K jumps to $2.5M

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Quick Tax Tip
With Art Werner
CPE Today

If you thought Section 179 was already generous, buckle up. Tax guru Art Werner is back with a Quick Tax Tip that dives into one of the most business-friendly changes proposed in the “Big, Beautiful Bill” — a massive, permanent expansion of the Section 179 expensing limit to $2.5 million.

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That’s right. The deduction, which once topped out at a modest $10,000 (yes, really), could soon allow businesses to expense up to $2.5 million of qualifying property immediately. According to Werner, this is not just another routine adjustment — this is a seismic change in year-one expensing power.

And for the right business? It could be a game-changer.

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Bonus Depreciation Is Back | Quick Tax Tip

Key changes to Sections 168 and 179 offer fresh opportunities for strategic deductions.

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Quick Tax Tip
With Art Werner
CPE Today

In the latest Quick Tax Tip episode, tax expert Art Werner dives into one of the most talked-about provisions in the new tax bill: the restoration of 100% bonus depreciation.

“Under the Tax Cuts and Jobs Act, bonus depreciation started to phase down from 100% to zero,” Werner explains. “For 2025, it was set at 40%. But this new bill retroactively restores 100% bonus depreciation — starting Jan. 20, 2025 — and keeps it that way through the end of 2029.”

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That January date, Werner notes, is significant: “It happens to be Inauguration Day. So it seems the new administration is ushering in a new era for business expensing.”

The move reverses years of gradual cutbacks and offers businesses renewed incentive to invest in equipment and property. According to Werner, this means tax practitioners can breathe easier — at least for now.

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Permanent Relief for Pass-Throughs? | Quick Tax Tip

The 199A deduction just got a second life — and a boost.

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Quick Tax Tip
With Art Werner
CPE Today

When Section 199A was introduced under the 2017 Tax Cuts and Jobs Act, it was hailed as revolutionary. For the first time, owners of pass-through entities — partnerships, S corporations, and sole proprietorships — received a significant tax break meant to level the playing field after the corporate rate dropped dramatically.

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“The idea was simple but powerful,” says tax guru Art Werner in the latest episode of Quick Tax Tip. “You lop off 20% of the income from flow-through businesses, making sure they weren’t left behind when C corporation rates fell.”

But that popular deduction — and many others tied to the individual provisions of the 2017 Act — was scheduled to sunset…Until now.

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