020 - Is Your Vacation Tax-Deductible? Let’s Find Out

022 - The One Big Beautiful Bill: What Doctors Need to Know (Part 2-Individuals)

Back again with more juicy bits from the One Big Beautiful Bill (aka O Triple B), and this time we’re talking about you, the individual, the taxpayer, the doctor with a mortgage, a kid (or one on the way), and probably more SALT than you’d like. We’re diving into the expanded (but still frustrating) $40K SALT deduction cap, made-for-babies retirement accounts (yes, those are real), child tax credits, and how the standard deduction and tax brackets are sticking around for the long haul. Oh, and student loans? Surprisingly not the worst news. Plus a curveball: car loan interest might now be deductible, but probably not for you if you’re a high-earning dentist. Sorry. TL;DR: A lot stayed the same (which is good), some things got tweaked, and some new stuff is... confusing, but potentially useful. Throw on your USA jersey and give this one a listen.  Questions? travis@gouluru.com is always open. CONTINUE THE CONVERSATION Comment on Spotify ACCESS THE WORKSHEET TO CALCULATE YOUR INCOME https://uluruadvisors.com/resources/ [https://uluruadvisors.com/resources/] LET’S CONNECT Instagram: https://www.instagram.com/travisslade.cpa/ [https://www.instagram.com/travisslade.cpa/] TikTok: https://www.tiktok.com/@travis.slade.cpa [https://www.tiktok.com/@travis.slade.cpa]

021 - The One Big Beautiful Bill: What Doctors Need to Know (Part 1-Businesses)

Fire up the drill and crank up the bonus depreciation, because the One Big Beautiful Bill (a.k.a. OB3) is here, and we’re breaking it down for business owners in scrubs. In this episode, Travis pulls out two big wins for practice owners: 1. Bonus depreciation is back at 100%, and 2. The QBI deduction lives on, now permanent. He also highlights four smaller updates: * R&D credit timing * Section 179 bump (mostly irrelevant unless you’re spending millions) * ERC update (probably safe if you already got your check), and * 1099 reporting threshold increase (hello, $2,000 minimum!). While some of it may feel familiar, OB3 solidifies a lot of temporary perks, so knowing your numbers heading into year-end still matters. Bonus depreciation, QBI phaseouts, and salary strategy are all in play. Next up: what OB3 means for individual taxpayers. But for now, if you’re running a dental practice, this one’s for you. CONTINUE THE CONVERSATION Comment in Spotify ACCESS THE WORKSHEET TO CALCULATE YOUR INCOME https://uluruadvisors.com/resources/ [https://uluruadvisors.com/resources/] LET’S CONNECT Instagram: https://www.instagram.com/travisslade.cpa/ [https://www.instagram.com/travisslade.cpa/] TikTok: https://www.tiktok.com/@travis.slade.cpa [https://www.tiktok.com/@travis.slade.cpa]

020 - Is Your Vacation Tax-Deductible? Let’s Find Out

Summer's here, and so is travel season, but can your vacation double as a tax deduction? In this episode, we’ll unpack the IRS rules around deducting travel expenses for dental practice owners. From weekend conferences to family tag-alongs, we explore what qualifies as legitimate business travel, how to document your trip properly, and the crucial “primary purpose” test.  You’ll learn the do’s and don’ts for deducting flights, lodging, meals, and even weekends between business days. Plus, there’s a deep dive into international travel nuances and why your spouse being on payroll doesn’t automatically make their ticket deductible. If you’re blending work and leisure this summer, don’t miss this one! CONTINUE THE CONVERSATION YouTube: https://youtu.be/RVUgLu90eZ0 [https://youtu.be/RVUgLu90eZ0] ACCESS THE WORKSHEET TO CALCULATE YOUR INCOME https://uluruadvisors.com/resources/ [https://uluruadvisors.com/resources/] WATCH THE VIDEO YouTube: https://youtu.be/RVUgLu90eZ0 [https://youtu.be/RVUgLu90eZ0] LET’S CONNECT Instagram: https://www.instagram.com/travisslade.cpa/ [https://www.instagram.com/travisslade.cpa/] TikTok: https://www.tiktok.com/@travis.slade.cpa [https://www.tiktok.com/@travis.slade.cpa]

019 - 25 Legit Write-Offs for Doctors (Plus 10 That’ll Make Your CPA Sweat)

Ever wonder what you should and shouldn’t deduct as a doctor? In this episode, we break down 25 legit tax deductions every 1099 associate and practice owner should be considering, from malpractice insurance to work attire to (potentially) paying your kids. We also walk through 10 deductions that’ll raise IRS eyebrows, or make me break out in a nervous sweat, like gym memberships, solo Starbucks runs, and the ever-debatable massages (Travis is pro, the IRS is... not so much).Listen in for: * The right way to deduct vehicles, phones, and CE trips * What not to write off (sorry, gym rats) * The surprising deduction I wish was real This episode is your go-to checklist for navigating write-offs like a pro, without getting burned in an audit. Questions or feedback? Email travis@goaluru.com CONTINUE THE CONVERSATION Comment in Spotify ACCESS THE WORKSHEET TO CALCULATE YOUR INCOME https://uluruadvisors.com/resources/ [https://uluruadvisors.com/resources/] LET’S CONNECT Instagram: https://www.instagram.com/travisslade.cpa/ [https://www.instagram.com/travisslade.cpa/] TikTok: https://www.tiktok.com/@travis.slade.cpa [https://www.tiktok.com/@travis.slade.cpa]

018 - Audits, S-Corps, and Shenanigans: What Can You Actually Get Away With?

You’ve probably heard someone say, “Just become an S-Corp, the IRS doesn’t audit those.” Today, we dig into whether that’s actually true (spoiler: mostly, yes), and what that means for your tax strategy. Travis walks through real IRS data showing S-Corps are audited way less than sole proprietors, like 1 in 12,000 vs. 1 in 5,000 or fewer. But fewer audits ≠ free rein to deduct your Tesla or dog as “stress relief assets.” We unpack: * Why S-Corps fly under the IRS radar * What the IRS considers legal vs. illegal (hint: tax avoidance = good, tax evasion = orange jumpsuit) * Whether having sloppy receipts is criminal (nope, but risky) * Form 8275: the IRS-sanctioned way to take a bold but honest tax position Plus, Travis shares 5 key questions to ask before writing something off — including whether you’d feel good explaining that expense to an IRS agent with a straight face. Whether you love the gray area or run from it, this one’s for you. CONTINUE THE CONVERSATION Comment in Spotify ACCESS THE WORKSHEET TO CALCULATE YOUR INCOME https://uluruadvisors.com/resources/ [https://uluruadvisors.com/resources/] LET’S CONNECT Instagram: https://www.instagram.com/travisslade.cpa/ TikTok: https://www.tiktok.com/@travis.slade.cpa LET’S CONNECT Instagram: https://www.instagram.com/travisslade.cpa/ [https://www.instagram.com/travisslade.cpa/] TikTok: https://www.tiktok.com/@travis.slade.cpa [https://www.tiktok.com/@travis.slade.cpa]