New Federal Law Lets Workers Deduct Overtime - What Florida Contractors and Construction Firms Need to Know

Ian Atkinson-Baker, #1 Amazon Best Selling Author

Published on: 06/08/2025

If you're running a construction or contractor business in Florida - whether based in Orlando, Tampa, Miami, Jacksonville, or anywhere else - you may have heard of the newly passed One Big Beautiful Bill Act (OBBBA). While most headlines have focused on tax cuts and family credits, a provision directly affects your workforce: a new tax deduction for overtime pay.

Taxes

Does your business pay contractors? Read this updated (and important) information on 1099 reporting.

Ian Atkinson-Baker, #1 Amazon Best Selling Author

Published on: 30/07/2025

We work with many construction firms and contractors throughout Florida. If you are in the construction or trades industries, chances are you pay other contractors! Here's some good news.

Taxes

Turn that company‐owned shop or warehouse into a tax advantage

Ian Atkinson-Baker, #1 Amazon Best Selling Author

Published on: 22/07/2025

Does your business own a shop or warehouse? Check to see if you might be able to turn that company‐owned shop or warehouse into a tax advantage! If you own the building your business works out of and lease it to your own company, you can often set yourself up for substantial tax savings.

Taxes

What's Happening with the New Tax Bill?

Ian Atkinson-Baker, #1 Amazon Best Selling Author

Published on: 11/07/2025

As you've probably heard in the news, the recent tax bill that was passed involves many helpful deductions for small business owners! Before getting into some of the overall aspects, it's important to know that before this bill was signed, the individual tax rates would have increased starting next year. So, chances are that alone saved you thousands in taxes. Here are some points that are included in the bill.

Taxes