For 2026, the IRS raised the standard deduction to: - $16,100 for single filers - $32,200 for married filing jointlyPlus, taxpayers age 65+ get an additional standard deduction: - $2,050 for single filers - $1,650 for married filers 👉 This means more income is shielded from tax before itemizing makes sense. Do you usually take the standard deduction or itemize? Why?

Thinking about getting an Electric Vehicle (EV) for your business? Many of the $7,500 tax credits are tied to specific 2026 deadlines. 👉 If you want the IRS to help buy your next "showing car," now is the time to check the eligibility list and make your move! Tip: Make sure your EV purchase meets all the requirements to qualify for the credit. Are you team Gas, team Hybrid, or team Electric for your business car?

An audit isn’t scary if you have the 5 W’s documented: Who, What, When, Where, and Why. 👉 Strategy: Take a photo of the receipt, type the 5 W's in the caption, and save it to a "Taxes 2026" folder on your phone immediately. Tip: Keeping your receipts organized and easily accessible will save you time and stress when it’s tax season. Are you a ‘shoebox full of receipts’ person or a ‘digital folder’ person?

If you or someone you know is 65 or older, the IRS has made the standard tax break even better for 2026!👉 Here’s what’s new: - The standard deduction for 2026 has increased — meaning lower taxable income for everyone. - On top of that, seniors (age 65+) can now get an extra standard deduction of ~$2,050 if single (and ~$1,650 per spouse if married). - Plus! There’s a separate bonus deduction that allows seniors to deduct an additional $6,000 (or $12,000 if both spouses qualify), regardless of whether they itemize. - These tax changes can make a big difference in how much you keep from your hard‑earned income as a real estate professional! Do you know an agent age 65+ who could benefit from this? Tag them and share what tax strategy you’d recommend first!

Attending a local charity gala or a high-end community social event? If you’re there to network and hand out cards, your tickets and marketing materials can often be written off as business promotion. 👉 The Goal: Build your brand while supporting a cause. What is the next big community event on your calendar?