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    Tax planning · 200 strategies · 2026 law

    Find the strategies that fit your life.

    Pick what sounds like you. Every strategy says plainly who it's for, who it isn't for, and what it's worth in cash, with the law behind it.

    Cited in the tax codeComputed after every costRisky ones flagged in red

    All 200 strategies

    200 of 200 shown
    1Greatest hits

    S Corporation Election

    Example ($200K profit): ≈ $9,900/yr illustrated employment-tax saving before offsets.

    IRC §1362(a)(1); §1402 / Rev. Rul. 59-221

    cash flows nowSeries-reviewed
    2Greatest hits

    Reasonable Compensation

    Example ($300K profit, $30K salary vs. $150K defensible): posture — ≈ $18,400/yr back payroll…

    IRC §162(a)(1); Rev. Rul. 74-44; §3121(a)

    doesn't cash flowSeries-reviewed
    3Greatest hits

    Augusta Rule

    Example (14 days × $1,500): $21,000 received, $0 taxable; ≈ $4,000 illustrated tax saved.

    IRC §280A(g); §162

    cash flows nowSeries-reviewed
    4Greatest hits

    Short-Term Rental

    Example ($80K loss vs. W-2): only with both gates open — otherwise the same $80,000 pays $0 this…

    Reg. §1.469-1T(e)(3)(ii); §280A

    cash flows nowSeries-reviewed
    5Greatest hits

    Cost Segregation

    Example ($1M building, $250K year-one): by nature — only when the loss reaches current income.

    IRC §168(k)

    partial or deferredSeries-reviewed
    6Greatest hits

    Bonus Depreciation & §179 (Your Own Business)

    Example ($300K equipment → $250K loss → ≈ $92,500 at 37%)

    IRC §168(k)(1)(A); §179(b)

    cash flows nowSeries-reviewed
    7Greatest hits

    QBI Deduction (§199A)

    Example ($200K profit → ≈ $30,700 deduction): — the naive math promises $40,000; the…

    IRC §199A

    partial or deferredSeries-reviewed
    8Greatest hits

    Pass-Through Entity Tax (PTET)

    Example ($100K state tax → ≈ $25,900 net)

    IRS Notice 2020-75

    cash flows nowSeries-reviewed
    9Entity & structure

    C Corporation Strategies

    Example ($500K retained): — the flat 21% costs $105,000 against about $138,000 on a single…

    IRC §11(b); traps at IRC §531, §541

    partial or deferredSeries-reviewed
    10Entity & structure

    Entity Classification / Check-the-Box

    The source card carries no dollar illustration — no dollar figure is claimed here. What the card…

    Treas. Reg. §301.7701-3(a); exit cost under IRC §§331, 336

    partial or deferredSeries-reviewed
    11Entity & structure

    Partnership & LLC Structures

    Example ($200K profit, 50/50): — the partnership pays nothing and the income is taxed once, but…

    IRC §701; SE-tax exposure under IRC §1402(a)(13)

    partial or deferredSeries-reviewed
    12Entity & structure

    Disregarded Entity Planning

    $0 — the source card is explicit: the tax change is exactly $0, by design. As a tax-saving…

    Treas. Reg. §301.7701-3(b)(1)(ii)

    doesn't cash flowSeries-reviewed
    13Entity & structure

    Multi-Entity Structures

    The assembly itself is tax-free (§721 into a multi-member LLC, §351 into a corporation you…

    IRC §351(a); IRC §721

    partial or deferredSeries-reviewed
    14Entity & structure

    Accumulated Earnings Tax (§531)

    Example (retain $1,000,000, no plan, no prior accumulated earnings): posture — after the…

    IRC §531; reasonable needs under IRC §537 / Treas. Reg. §1.537-1, -2

    doesn't cash flowSeries-reviewed
    15Entity & structure

    Dividend Planning & Timing

    Example ($100,000 qualified dividends): — as a joint filer's only income it owes $0 federal tax…

    IRC §1(h)(11)

    cash flows nowSeries-reviewed
    16Entity & structure

    State Selection & Nexus Honesty

    The paper move saves $0 against the real exposure: $200,000 of taxable sales into a state with a…

    South Dakota v. Wayfair, Inc., 585 U.S. 162 (2018); P.L. 86-272

    doesn't cash flowSeries-reviewed
    17Entity & structure

    State & Local Incentives

    $1,000,000 of qualified Georgia film spend earns a 20% credit — $200,000 — and $300,000 with the…

    O.C.G.A. §48-7-40.26 (pending confirmation)

    cash flows nowSeries-reviewed
    18Real estate

    Real Estate Professional Status

    Log 1,200 of 2,000 working hours in real estate against 800 at a W-2 job (60% real estate) and a…

    IRC §469(c)(7). (pending confirmation)

    cash flows nowSeries-reviewed
    19Real estate

    Real Estate Professional Status Through the Non-W-2 Spouse

    The non-W-2 spouse logs 1,100 hours, no other job, clearing both §469(c)(7) gates; cost…

    IRC §469(c)(7)(A)-(B)

    cash flows nowSeries-reviewed
    20Real estate

    Material Participation Tests

    A $60,000 loss, you log 150 hours, your manager logs 200: the 100-hour test fails because…

    Treas. Reg. §1.469-5T(a); rental baseline at IRC §469(c)(2), (c)(7)

    doesn't cash flowSeries-reviewed
    21Real estate

    §1031 Like-Kind Exchanges

    Sell at $1,000,000 with a $400,000 gain, through a qualified intermediary, replacement…

    IRC §1031(a)(1); related-party rule at IRC §1031(f)

    cash flows nowSeries-reviewed
    22Real estate

    Opportunity Zone Investments

    A $500,000 gain rolled into a Qualified Opportunity Fund within 180 days is deferred (no tax…

    IRC §1400Z-2(a)(1)(A); forced recognition at IRC §1400Z-2(b)(1)

    partial or deferredSeries-reviewed
    23Real estate

    Low-Income Housing Credit: The $25,000 Allowance

    The $25,000 passive-activity allowance, translated into credits with no phaseout: at 37%, a…

    IRC §42; allowance at IRC §469(i)(1)-(3)

    cash flows nowSeries-reviewed
    24Retirement & benefits

    Solo 401(k)

    Example ($100K net earnings → ≈ $43,000 sheltered: ≈ $24,500 employee + ≈ $18,500 employer…

    IRC §402(g)(1); §415(c)(1)(A) (limits as indexed, Notice 2025-67)

    cash flows nowSeries-reviewed
    25Retirement & benefits

    SEP-IRA

    Example (sole proprietor, $200K profit → ≈ $37,000 deductible ≈ $8,900 at 24%, before the §199A…

    IRC §408(k); IRC §402(h)(2)

    cash flows nowSeries-reviewed
    26Retirement & benefits

    SIMPLE IRA

    Example ($60,000 salary → $17,000 deferred + 3% employer match of $1,800 = $18,800 sheltered; at…

    IRC §408(p)(2)(A)(ii), (E)

    cash flows nowSeries-reviewed
    27Retirement & benefits

    Defined Benefit Plans

    Example (a 55-year-old owner's actuary-computed contribution ≈ $200,000 deductible in one year…

    IRC §415(b)(1)(A); funding under IRC §430

    cash flows nowSeries-reviewed
    28Retirement & benefits

    Cash Balance Plans

    Example (a $150,000 annual pay credit for a 58-year-old owner, plus an interest credit — the…

    IRC §414(j); IRC §411(a)(13); Treas. Reg. §1.411(b)(5)-1

    cash flows nowSeries-reviewed
    29Retirement & benefits

    §457(b): A Second Deferral Limit

    Example ($24,500 deferred at 37% → $9,065 of federal tax deferred, on top of the 403(b); the…

    IRC §457(b)(2), (3); limit at IRC §457(e)(15)

    cash flows nowSeries-reviewed
    30Retirement & benefits

    Roth Conversion Strategies

    Example (convert $100,000 inside the 22% bracket, tax paid from outside funds → $22,000 now…

    Treas. Reg. §1.408A-4, Q&A-7(a)

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    31Retirement & benefits

    Self-Directed IRAs

    Example (a $100,000 IRA buys a stranger's duplex — allowed, growth stays sheltered): — while the…

    IRC §4975(c)(1); deemed distribution under IRC §408(e)(2)

    cash flows nowSeries-reviewed
    32Retirement & benefits

    Fiduciary Standards (Retirement Plans)

    Example (a $2,000,000 plan, one unbenchmarked pricey fund — 0.50% a year of excess fees =…

    ERISA §404(a)(1)(A)-(B); personal liability under ERISA §409

    doesn't cash flowSeries-reviewed
    33Retirement & benefits

    Nonqualified Deferred Compensation

    Example (defer $200,000: taxed today at 37% federal plus 9.3% California = $92,600, versus paid…

    IRC §409A(a)(2)-(4); FICA timing at IRC §3121(v)(2)

    cash flows nowSeries-reviewed
    34Retirement & benefits

    Net Unrealized Appreciation (NUA) on Employer Stock

    Example (stock worth $500,000, plan cost basis $50,000: the NUA route taxes the basis as…

    IRC §402(e)(4)(B), (D)

    cash flows nowSeries-reviewed
    35Credits & operations

    Research & Development Credit

    Example ($500,000 of qualified research expenses — the base amount floored at 50% of that…

    IRC §41(a)(1); IRC §41(c)(4)

    cash flows nowSeries-reviewed
    36Credits & operations

    Qualified Research: The Four-Part Test

    Example ($200,000 spent testing three prototypes — permitted purpose, technological in nature, a…

    IRC §41(d)(1)(A)-(C); cosmetic exclusion at IRC §41(d)(3)(B)

    cash flows nowSeries-reviewed
    37Credits & operations

    Work Opportunity Tax Credit (WOTC)

    Example (a 2025 hire, $6,000 of first-year wages, reaching 400 hours → 40% = a $2,400 credit…

    IRC §51

    cash flows nowSeries-reviewed
    38Credits & operations

    Energy Credits

    Example (a $200,000 commercial solar project × 30% = a $60,000 credit under §48E — 30% with…

    IRC §48E; IRC §179D; basis adjustment at IRC §50(c)(3)

    cash flows nowSeries-reviewed
    39Credits & operations

    Employee Retention Credit (ERC)

    Example (a promoter pitches a "new" claim today): — there is no positive cash-flow line to rate…

    IRC §6511 (refund deadlines)

    doesn't cash flowSeries-reviewed
    40Credits & operations

    Installment Sales

    Example (sell at $1,000,000 with $600,000 of basis — a 40% gross-profit ratio — collect $200,000…

    IRC §453(b)(1); related-party resale at IRC §453(e)

    partial or deferredSeries-reviewed
    41Credits & operations

    Captive Insurance

    Example (the business pays $500,000 of actuarially sound premiums — deductible to the business…

    IRC §831(b)

    cash flows nowSeries-reviewed
    42Credits & operations

    §83(b) Election on Restricted Stock

    Example (100,000 shares at $0.10 — elect and you recognize $10,000 of ordinary income now, about…

    IRC §83(b); sample form at Rev. Proc. 2012-29

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    43Credits & operations

    §1244 Ordinary Loss on Small Business Stock

    Example (invest $100,000 in original-issue stock of a qualifying small business corporation; it…

    IRC §1244(a)-(b); qualification at IRC §1244(c)

    cash flows nowSeries-reviewed
    44Credits & operations

    Qualified Small Business Stock (§1202)

    Example (a $3,000,000 gain on original-issue QSBS held 5+ years in a qualifying company…

    IRC §1202 (exclusion tiers; active-business rules at §1202(e)(3))

    cash flows nowSeries-reviewed
    45Oil & gas

    Intangible Drilling Costs (IDC)

    Example ($500,000 well, ~$350,000 intangible expensed in year one): ≈ $112,000 of illustrated…

    IRC §263(c); Treas. Reg. §1.612-4(a)

    cash flows nowSeries-reviewed
    46Oil & gas

    Tangible Drilling Costs

    Example (same $500,000 well: $100,000 pumping unit + $50,000 casing, capitalized as 7-year…

    Treas. Reg. §1.612-4(c) (pending confirmation)

    partial or deferredSeries-reviewed
    47Oil & gas

    Cost Depletion

    Example ($200,000 basis over 100,000 remaining barrels = $2/barrel; 10,000 barrels sold): a…

    IRC §611(a); IRC §612; Treas. Reg. §1.611-2(a)

    cash flows nowSeries-reviewed
    48Oil & gas

    Percentage Depletion

    Example (property grossing $300,000 → 15% = $45,000; year eight, basis fully recovered, still…

    IRC §613A(c)(1)

    cash flows nowSeries-reviewed
    49Oil & gas

    Working Interest Exception

    Example (two investors, $40,000 loss each, W-2 salary): for the direct holder — the loss offsets…

    IRC §469(c)(3)(A)

    cash flows nowSeries-reviewed
    50Oil & gas

    Marginal Well Credit

    Example (qualifying gas well, ~6,500 Mcf at the page's 2026 rate of $0.81/Mcf, Notice 2026-42)…

    IRC §45I

    partial or deferredSeries-reviewed
    51Charitable & giving

    Charitable Contributions (§170)

    Example ($200,000 AGI, $10,000 gift): — 2026's new 0.5% floor takes the first $1,000, so $9,000…

    IRC §170; non-itemizer deduction at IRC §170(p)

    partial or deferredSeries-reviewed
    52Charitable & giving

    Donor-Advised Funds (DAFs)

    Example ($15,000/yr given directly vs. $45,000 bunched into a DAF in year one, at $100,000 AGI)…

    IRC §4966(d)(2); prohibited-benefit excise at IRC §4967

    cash flows nowSeries-reviewed
    53Charitable & giving

    Charitable Remainder Trusts (CRTs)

    Example ($500,000 of stock, $100,000 basis, into a CRT paying 5%): by nature — the $400,000 gain…

    IRC §664; payout taxation under IRC §664(b)

    partial or deferredSeries-reviewed
    54Charitable & giving

    Qualified Charitable Distributions (QCDs)

    Example ($20,000 RMD): — taken normally, the distribution adds $20,000 of income (≈ $4,400 of…

    IRC §408(d)(8)(A); 2026 cap of $111,000 per IRS Notice 2025-67

    cash flows nowSeries-reviewed
    55Charitable & giving

    Conservation Easements

    Example (the promoter pitch: $100,000 of relevant basis, a "four-times" $400,000 claim)…

    IRC §170(h)(7)(A); base allowance at IRC §170(h)

    doesn't cash flowSeries-reviewed
    56Charitable & giving

    Charitable Lead Trusts (CLTs)

    Example ($1,000,000 funded; charity paid 7% — $70,000 a year for 20 years; 5.4% §7520 rate)…

    IRC §170(f)(2)(B); valuation rate under IRC §7520(a)(2)

    partial or deferredSeries-reviewed
    57Charitable & giving

    Private Foundations

    Example ($2,000,000 foundation): — you get the command center and pay for it three ways: roughly…

    IRC §4940(a) (excise tax); deduction limits at IRC §170(b)(1)(B), (D)

    partial or deferredSeries-reviewed
    58Estate & trusts

    Revocable Living Trusts

    Example ($2,000,000 estate through a revocable trust): as a tax strategy — the tax saved is…

    IRC §§671-678; estate inclusion at IRC §2038

    doesn't cash flowSeries-reviewed
    59Estate & trusts

    Irrevocable Life Insurance Trusts (ILITs)

    Example ($2,000,000 policy, estate above the exemption): — up to $800,000 of estate tax avoided…

    IRC §2042(2); three-year rule at IRC §2035(a)

    partial or deferredSeries-reviewed
    60Estate & trusts

    Private Placement Life Insurance (PPLI)

    Example ($5,000,000 at 8% for 20 years): — about $23.3M inside the wrapper vs. about $16.0M…

    IRC §7702; IRC §817(h); MEC rules at IRC §7702A

    partial or deferredSeries-reviewed
    61Estate & trusts

    Intentionally Defective Grantor Trusts (IDGTs)

    Example ($10,000,000 business sold for a note at about 4% AFR): — growth above the note rate…

    IRC §§671-678; Rev. Rul. 85-13; Rev. Rul. 2004-64

    partial or deferredSeries-reviewed
    62Estate & trusts

    Grantor Retained Annuity Trusts (GRATs)

    Example ($5,000,000 into a 2-year GRAT, 8% growth vs. a hurdle of about 5.4%, September 2026)…

    IRC §2702(a)(2)(A); hurdle rate under IRC §7520

    partial or deferredSeries-reviewed
    63Estate & trusts

    Qualified Personal Residence Trusts (QPRTs)

    Example ($3,000,000 home, 10-year QPRT): — the home is gifted at roughly $1.5-1.7 million of…

    IRC §2702(a)(3)(A)(ii)

    partial or deferredSeries-reviewed
    64Estate & trusts

    Family Limited Partnerships (FLPs)

    Example ($10,000,000 of assets, genuine 30% combined discount proven by a qualified appraisal)…

    IRC §2703(a); IRC §2704(b)(1); inclusion risk at IRC §2036(a)

    partial or deferredSeries-reviewed
    65Estate & trusts

    Trust Decanting

    As a tax-cash-flow play — the source card carries no dollar figure and claims no tax saving, and…

    Texas Property Code §§112.071-112.087 (state law)

    doesn't cash flowSeries-reviewed
    66Estate & trusts

    Annual Exclusion Optimization

    Example (4 grandchildren × $19,000): — $76,000 a year out of the estate, zero tax, zero…

    IRC §2503(b)(1)

    cash flows nowSeries-reviewed
    67Estate & trusts

    Gift Splitting Elections

    Example ($38,000 gift to one child): — with the split, $19,000 is treated as from each spouse…

    IRC §2513(a)(1)-(2); filing rule at Treas. Reg. §25.6019-2

    partial or deferredSeries-reviewed
    68Estate & trusts

    Lifetime Exemption Utilization

    Example ($20,000,000 estate): — $5,000,000 sits exposed above the exemption, $2,000,000 of…

    IRC §2010(c)(3)(A)

    partial or deferredSeries-reviewed
    69Estate & trusts

    Portability Election Planning

    $10,000,000 of unused exemption (DSUE) elected on a timely Form 706, plus the survivor's own…

    IRC §2010(c)(2), (c)(4), (c)(5)(A); late relief at Rev. Proc. 2022-32

    partial or deferredSeries-reviewed
    70Estate & trusts

    Generation-Skipping Tax Planning

    Example ($15,000,000 dynasty trust): — with GST exemption properly allocated, the trust…

    IRC §2601; skip-person rules at IRC §2613(a)(2), §2651(e)

    partial or deferredSeries-reviewed
    71Estate & trusts

    §645 Elections

    No election means two returns, two deadlines, double the accounting fees; with the election, one…

    IRC §645

    partial or deferredSeries-reviewed
    72Estate & trusts

    Basis Step-Up Documentation

    Example (stock bought for $200,000, worth $1,000,000 at death): — heirs' basis is $1,000,000 and…

    IRC §1014(a)(1); exceptions at IRC §1014(c), (e)

    partial or deferredSeries-reviewed
    73Deals & exits

    Asset vs. Stock Purchase Analysis

    Example ($10,000,000 deal): — the structure pays one side by charging the other. Asset deal: the…

    IRC §338; IRC §1060(a); goodwill amortization at IRC §197

    partial or deferredSeries-reviewed
    74Deals & exits

    Purchase Price Allocation (§1060)

    Example ($10,000,000 asset deal, read from the buyer's chair): — $4,000,000 allocated to…

    IRC §1060; reporting on Form 8594

    cash flows nowSeries-reviewed
    75Deals & exits

    §338(h)(10) Elections

    Example ($10,000,000 for an S corporation, buyer's chair): — the joint election makes the deal…

    IRC §338(h)(10); basis allocation at Treas. Reg. §1.338-6

    cash flows nowSeries-reviewed
    76Deals & exits

    Earnout Tax Treatment

    Example ($8,000,000 at closing plus up to a $4,000,000 earnout, $2,000,000 basis, $12,000,000…

    IRC §453(c); electing out at IRC §453(d); interest charge at IRC §453A

    partial or deferredSeries-reviewed
    77Deals & exits

    Rollover Equity Structures

    Example ($10,000,000 deal, $1,000,000 basis, $9,000,000 of gain): — take $7,000,000 of cash and…

    IRC §351(a); IRC §721

    partial or deferredSeries-reviewed
    78Deals & exits

    Tax-Free Reorganizations (§368)

    Example ($10,000,000 company acquired for $10,000,000 of the buyer's voting stock): — done…

    IRC §368(a)(1)(A)-(G)

    partial or deferredSeries-reviewed
    79Deals & exits

    Tax Attribute Preservation (§382 / NOL Limits)

    Example ($20,000,000 of NOLs in a company valued at $10,000,000): at face value — at the page's…

    IRC §382

    doesn't cash flowSeries-reviewed
    80Deals & exits

    ESOP Rollover (§1042)

    Example (sell $5,000,000 of stock with a $500,000 basis, reinvest the full $5,000,000 in…

    IRC §1042

    partial or deferredSeries-reviewed
    81Deals & exits

    Estate Tax Deferral (§6166)

    Example ($3,000,000 of estate tax): by definition — §6166 doesn't cut the tax by a dollar; it…

    IRC §6166; interest under IRC §6601(j)

    partial or deferredSeries-reviewed
    82Deals & exits

    Estate Stock Redemption (§303)

    Example ($400,000 out of the company): — pulled as a dividend, the full $400,000 is taxable…

    IRC §303; aggregation at IRC §303(b)(2)(B)

    cash flows nowSeries-reviewed
    83Deals & exits

    Foreign Tax Credit Optimization

    Example (U.S. C corp pays $100,000 of foreign tax on $300,000 of foreign-source income): — the…

    IRC §901; limitation at IRC §904 (baskets under §904(d))

    partial or deferredSeries-reviewed
    84Deals & exits

    §962 Election

    Example ($100,000 net CFC tested income inclusion): — $37,000 at the 37% individual rate with no…

    IRC §962(a)(1)-(2); distribution rule at IRC §962(d)

    cash flows nowSeries-reviewed
    85Deals & exits

    PFIC Elections (QEF / Mark-to-Market)

    Example ($50,000 gain over five years): under the default the investor walked into — about…

    IRC §1291; IRC §1295 / §1293; IRC §1296

    doesn't cash flowSeries-reviewed
    86Credits & operations

    Accountable Plan

    $3,000 of home-office, phone and mileage costs reimbursed by the company: deductible to the…

    Treas. Reg. §1.62-2; IRC §62(a)(2)(A)

    cash flows nowChecked · awaiting sign-off
    87Credits & operations

    Home Office

    300 sq ft simplified = $1,500 (≈$360 at 24%), or actual-method share of home costs ($3,000 →…

    IRC §280A(c)(1); Rev. Proc. 2013-13

    cash flows nowChecked · awaiting sign-off
    88Family & household

    Hire Your Kids

    $16,100 of wages: deducted by the business, $0 income tax to the child, no payroll tax under 18…

    IRC §3121(b)(3)(A); §73; §63(c)

    cash flows nowChecked · awaiting sign-off
    89Retirement & benefits

    Health Savings Account (Triple Play)

    $8,750 family contribution: deducted now, grows tax-free, spent tax-free on medical (≈$2,100 at 24%)

    IRC §223

    cash flows nowChecked · awaiting sign-off
    90Retirement & benefits

    Self-Employed Health Insurance

    $12,000 of premiums deducted above the line (≈$2,880 at 24%)

    IRC §162(l); Notice 2008-1

    cash flows nowChecked · awaiting sign-off
    91Credits & operations

    Heavy Vehicle (Over 6,000 lbs)

    $120,000 SUV × 90% business = $108,000 year-one deduction (≈$34,560 at 32% now; recaptured as…

    IRC §168(k); §280F(d)(5); §274(d)

    partial or deferredChecked · awaiting sign-off
    92Real estate

    Home Sale Exclusion

    $500,000 of gain on your main home is excluded for a married couple ($250,000 single), so it is…

    IRC §121

    cash flows nowChecked · awaiting sign-off
    93Charitable & giving

    Give Appreciated Stock, Not Cash

    $50,000 of stock with $10,000 basis given directly: $40,000 gain never taxed (≈$9,520) plus a…

    IRC §170(e)(1); §170(b)(1)(C)

    cash flows nowChecked · awaiting sign-off
    94Investments

    Tax-Loss Harvesting

    $23,000 of harvested losses: $20,000 offsets long-term gains (≈$4,760 at the top 23.8% rate: 20%…

    IRC §1211(b); §1212(b); §1091

    partial or deferredChecked · awaiting sign-off
    95Real estate

    Repairs vs. Improvements + De Minimis Safe Harbor

    $15,000 of patch repairs, repainting and items under $2,500 expensed now instead of over 27.5–39…

    Treas. Reg. §1.263(a)-1(f), -3(h)–(i); §1.162-3

    cash flows nowChecked · awaiting sign-off
    96Real estate

    Catch-Up Depreciation (Form 3115)

    $40,000 of missed depreciation taken in one year through a method change (≈$9,600 at 24%)

    IRC §446(e); §481(a); Rev. Proc. 2015-13; Rev. Proc. 2025-23 (DCN 7)

    cash flows nowChecked · awaiting sign-off
    97Retirement & benefits

    Dependent Care Assistance ($7,500)

    $7,500 of daycare paid pre-tax (≈$2,370 at 24% + 7.65%)

    IRC §129 (as amended 2025)

    cash flows nowChecked · awaiting sign-off
    98Retirement & benefits

    Employer Student-Loan Repayment ($5,250)

    $5,250 a year paid toward an employee's student loan, tax-free to them and deductible to the…

    IRC §127(c)(1)(B) (made permanent 2025)

    cash flows nowChecked · awaiting sign-off
    99Family & household

    Car-Loan Interest Deduction

    About $3,000 of first-year interest on a new U.S.-assembled car loan, deducted without itemizing…

    IRC §163(h)(4) (2025 act)

    partial or deferredChecked · awaiting sign-off
    100Family & household

    SALT Itemizing ($40,400 Cap in 2026)

    $14,000 of Texas property tax (fully deductible under the cap) + $20,000 mortgage interest…

    IRC §164(b)(6)–(7) (2025 act)

    partial or deferredChecked · awaiting sign-off
    101Credits & operations

    Qualified Production Property (100% Expensing of Factory Buildings)

    $4,000,000 production building (excluding land) expensed in year one instead of over 39 years…

    IRC §168(n) (2025 act)

    partial or deferredChecked · awaiting sign-off
    102Deals & exits

    QSBS Stacking (Multiplying the Per-Taxpayer Cap)

    Gifting founder shares to a separate non-grantor trust for each child: each trust claims its own…

    IRC §1202(b)(1), (h)(2); non-grantor trusts

    partial or deferredChecked · awaiting sign-off
    103Deals & exits

    QSBS Rollover

    $2,000,000 gain on QSBS held under 5 years rolled into new QSBS within 60 days: tax deferred…

    IRC §1045

    partial or deferredChecked · awaiting sign-off
    104Investments

    Opportunity Zones 2.0 (2027 Rules)

    Gain invested in a QOF after Dec 31, 2026: tax deferred 5 years, 10% basis increase (30% rural)…

    IRC §1400Z-2 (as amended 2025)

    partial or deferredChecked · awaiting sign-off
    105Real estate

    1031 into a DST, then UPREIT (§721)

    $1,000,000 gain deferred into a Delaware statutory trust, later contributed to a REIT operating…

    IRC §1031; §721; Rev. Rul. 2004-86

    partial or deferredChecked · awaiting sign-off
    106Estate & trusts

    Spousal Lifetime Access Trust (SLAT)

    $10,000,000 moved out of the estate while the spouse can still benefit; growth escapes 40%…

    IRC §2511; §2036; §671–679

    partial or deferredChecked · awaiting sign-off
    107Family & household

    Trump Account Employer Contributions

    Up to $2,500 per employee per year contributed tax-free to a child's account; deductible to the…

    IRC §530A; §128 (2025 act)

    cash flows nowChecked · awaiting sign-off
    108Real estate

    Self-Rental: Building in a Separate LLC

    Building moved into a separate LLC and leased back at fair rent: depreciation and cost…

    Treas. Reg. §1.469-2(f)(6); §1.469-4(d)(1); §1.1411-4(g)(6); IRC §1239

    partial or deferredChecked · awaiting sign-off
    109Real estate

    Involuntary Conversion Deferral

    $600,000 insurance gain on a destroyed building deferred by reinvesting within 2 years (3 for…

    IRC §1033

    partial or deferredChecked · awaiting sign-off
    110Investments

    Incentive Stock Options: AMT-Aware Exercise

    Exercising in tranches sized under the AMT crossover so the spread later qualifies for long-term…

    IRC §422; §56(b)(3)

    partial or deferredChecked · awaiting sign-off
    111Retirement & benefits

    Mega Backdoor Roth

    Up to about $47,500 of after-tax 401(k) dollars ($72,000 limit less $24,500 deferrals and any…

    IRC §402A(c)(4); §415(c) ($72,000 in 2026); §401(m)

    cash flows nowChecked · awaiting sign-off
    112Investments

    Escape the 3.8% Net Investment Income Tax

    $300,000 of rental income treated as non-passive trade or business income (REPS + 500-hour safe…

    IRC §1411; Treas. Reg. §1.1411-4

    cash flows nowChecked · awaiting sign-off
    113Estate & trusts

    Grantor Trust Swap Power

    Swapping $2,000,000 of high-basis cash into the trust for low-basis stock before death, so the…

    IRC §675(4)(C); §1014; Rev. Rul. 2008-22; Rev. Rul. 2023-2

    partial or deferredChecked · awaiting sign-off
    114Estate & trusts

    Upstream Basis Planning

    Gift a low-basis asset to a parent; at the parent's death it steps up and passes back through a…

    IRC §1014(a), (e); §2010

    partial or deferredChecked · awaiting sign-off
    115Real estate

    Qualified Improvement Property (15-Year + Bonus)

    $300,000 interior build-out deducted in year one instead of over 15 years (≈$96,000 at 32% up…

    IRC §168(e)(6); §168(k)

    partial or deferredChecked · awaiting sign-off
    116Family & household

    No Tax on Tips (§224)

    $20,000 of qualified tips deducted (≈$4,400 at 22%)

    IRC §224 (OBBBA §70201); 2025–2028

    cash flows nowChecked · awaiting sign-off
    117Family & household

    No Tax on Overtime (§225)

    $10,000 overtime premium (the 'half' of time-and-a-half) deducted (≈$2,200 at 22%)

    IRC §225 (OBBBA §70202); 2025–2028

    cash flows nowChecked · awaiting sign-off
    118Family & household

    Senior Deduction ($6,000 Each)

    Two spouses 65+ = $12,000 extra deduction, itemizing or not (≈$2,640 at 22%)

    IRC §151(d)(5)(C) (OBBBA §70103); 2025–2028

    cash flows nowChecked · awaiting sign-off
    119Family & household

    Child Tax Credit ($2,200)

    Two children = $4,400 credit, dollar for dollar

    IRC §24 (OBBBA §70104)

    cash flows nowChecked · awaiting sign-off
    120Family & household

    Child & Dependent Care Credit (Enhanced 2026)

    $6,000 of care for two kids × 20%–50% = $1,200 to $3,000 credit

    IRC §21 (as amended by OBBBA §70405)

    cash flows nowChecked · awaiting sign-off
    121Family & household

    Adoption Credit (Partly Refundable)

    Up to $17,670 per child in 2026 for qualified costs (full amount for special-needs adoptions)…

    IRC §23 (OBBBA §70402)

    cash flows nowChecked · awaiting sign-off
    122Family & household

    American Opportunity Credit

    $4,000 of tuition → $2,500 credit per student, 40% refundable

    IRC §25A(b)

    cash flows nowChecked · awaiting sign-off
    123Family & household

    529 Plans (K-12 Now $20,000)

    $50,000 of growth withdrawn tax-free for school (≈$7,500 at 15%), plus any state deduction

    IRC §529 (OBBBA §70413–70414)

    cash flows nowChecked · awaiting sign-off
    124Family & household

    529 Superfunding (Five-Year Gift)

    $95,000 per donor ($190,000 a couple) out of the estate at once using five years of $19,000…

    IRC §529(c)(2)(B); §2503(b)

    partial or deferredChecked · awaiting sign-off
    125Family & household

    529-to-Roth Rollover ($35,000)

    $35,000 lifetime moves to the beneficiary's Roth IRA — no tax, no penalty

    IRC §529(c)(3)(E) (SECURE 2.0 §126)

    cash flows nowChecked · awaiting sign-off
    126Family & household

    Custodial Roth IRA for Working Kids

    $7,500 a year (2026 IRA limit) grows tax-free for 50+ years

    IRC §408A; §219(b)

    cash flows nowChecked · awaiting sign-off
    127Family & household

    Spousal IRA

    $7,500 deductible IRA for the non-working spouse (≈$1,650 at 22%)

    IRC §219(c)

    cash flows nowChecked · awaiting sign-off
    128Family & household

    Head of Household Status

    Bigger standard deduction and wider brackets than single — often $1,000–$2,000 a year

    IRC §2(b)

    cash flows nowChecked · awaiting sign-off
    129Family & household

    Second-Home Mortgage Interest

    $20,000 interest on a second home deducted (≈$6,400 at 32%)

    IRC §163(h)(3) ($750,000 cap made permanent by OBBBA §70108)

    cash flows nowChecked · awaiting sign-off
    130Retirement & benefits

    Backdoor Roth IRA

    $7,500 a year (×2 spouses) into Roth through a nondeductible IRA conversion — tax-free growth…

    IRC §408A(c)(3); §408(d)(2) pro-rata rule

    cash flows nowChecked · awaiting sign-off
    131Retirement & benefits

    Super Catch-Up (Ages 60–63)

    $11,250 catch-up instead of $8,000 in 2026 — $3,250 more deferred (≈$1,040 at 32%; the full…

    IRC §414(v)(2)(E) (SECURE 2.0 §109)

    partial or deferredChecked · awaiting sign-off
    132Retirement & benefits

    Cross-Tested (New Comparability) Profit Sharing

    $60,000 to the owner, a 5% gateway to staff (≈$21,000 at 35% deferred, before the staff…

    Treas. Reg. §1.401(a)(4)-8

    partial or deferredChecked · awaiting sign-off
    133Retirement & benefits

    Hire Your Spouse to Double the 401(k)

    Spouse defers $24,500 + profit sharing ≈ $30,000 (≈$9,600 at 32%)

    IRC §402(g); §415(c)

    partial or deferredChecked · awaiting sign-off
    134Retirement & benefits

    Retirement Plan Startup Credits (§45E)

    Startup costs credited up to $5,000 a year for 3 years ($250 × eligible non-HCEs, minimum $500)…

    IRC §45E; IRC §45T (auto-enrollment)

    cash flows nowChecked · awaiting sign-off
    135Retirement & benefits

    Fully Insured Defined Benefit Plan (§412(e)(3))

    $250,000 deductible contribution funded with annuities (≈$92,500 at 37%); taxed when paid out

    IRC §412(e)(3); Rev. Rul. 2004-20

    partial or deferredChecked · awaiting sign-off
    136Retirement & benefits

    S-Corp ESOP (Tax-Exempt Owner)

    A 100% ESOP-owned S-corp's profits flow to a tax-exempt trust — no federal income tax at the…

    IRC §1361(c)(6); §512(e)(3); §409(p)

    partial or deferredChecked · awaiting sign-off
    137Retirement & benefits

    QLAC (Deferring RMDs to 85)

    About $210,000 moved into a longevity annuity drops out of RMDs until age 85 (≈$1,900/yr at 24%)

    IRC §401(a)(9); Treas. Reg. §1.401(a)(9)-6

    partial or deferredChecked · awaiting sign-off
    138Retirement & benefits

    Inherited IRA 10-Year Planning

    $1M inherited IRA drawn evenly over 10 years instead of a lump sum: income stays in the 24%–32%…

    IRC §401(a)(9)(H); Treas. Reg. §1.401(a)(9)-5

    partial or deferredChecked · awaiting sign-off
    139Retirement & benefits

    Cafeteria Plan (§125)

    $5,000 of premiums and FSA dollars pre-tax (≈$1,580 at 24% + 7.65%)

    IRC §125

    cash flows nowChecked · awaiting sign-off
    140Retirement & benefits

    Spouse Employee + §105 Medical Plan

    $10,000 of family medical costs deducted by the business, off the SE base (≈$2,400 at 24% plus…

    IRC §105(b); §106

    cash flows nowChecked · awaiting sign-off
    141Retirement & benefits

    QSEHRA (Small-Employer HRA)

    $10,000 of family premiums reimbursed tax-free instead of a taxable raise (≈$765 employer…

    IRC §9831(d); §106(g)

    cash flows nowChecked · awaiting sign-off
    142Retirement & benefits

    Long-Term-Care Premiums Through a C-Corp

    $5,000 LTC premium deducted 100% by the C-corp, $0 to the owner (≈$1,050 at 21%)

    IRC §106; §213(d)(10); §7702B

    cash flows nowChecked · awaiting sign-off
    143Retirement & benefits

    Split-Dollar Life Insurance

    Employer advances premiums as a loan or economic-benefit arrangement; the death benefit can stay…

    Treas. Reg. §1.61-22; §1.7872-15

    partial or deferredChecked · awaiting sign-off
    144Credits & operations

    Employer Childcare Credit (§45F, 40–50%)

    $200,000 of 2026 childcare costs → $100,000 credit for a small business (50%; cap $600,000…

    IRC §45F (as amended by P.L. 119-21)

    cash flows nowChecked · awaiting sign-off
    145Credits & operations

    Paid Family & Medical Leave Credit (§45S)

    12.5%–25% of leave wages (or of paid-leave insurance premiums) for employees earning under about…

    IRC §45S (made permanent by P.L. 119-21); §280C(a)

    cash flows nowChecked · awaiting sign-off
    146Credits & operations

    FICA Tip Credit (§45B)

    $400,000 of tips above the minimum-wage top-up × 7.65% ≈ $30,600 credit; the FICA deduction is…

    IRC §45B (as amended by P.L. 119-21); §45B(c)

    cash flows nowChecked · awaiting sign-off
    147Credits & operations

    R&D Payroll-Tax Offset for Startups

    Research credit up to $500,000 a year applied to employer payroll tax from the quarter after the…

    IRC §41(h); §3111(f)

    partial or deferredChecked · awaiting sign-off
    148Credits & operations

    Domestic R&E Expensing Restored (§174A)

    $200,000 of U.S. R&E deducted in year one instead of over 5 years: $180,000 more deduction now…

    IRC §174A (P.L. 119-21); Rev. Proc. 2025-28; §280C(c)

    partial or deferredChecked · awaiting sign-off
    149Credits & operations

    Business Interest: EBITDA Limit Restored (§163(j))

    Adding back depreciation lets $200,000 more interest be deducted now instead of carried forward…

    IRC §163(j) (OBBBA §70303); §163(j)(7)(B) election

    partial or deferredChecked · awaiting sign-off
    150Credits & operations

    Startup & Organizational Costs

    $5,000 of startup + $5,000 of organizational costs deducted at once (≈$2,400 at 24%)

    IRC §195; §248; §709

    cash flows nowChecked · awaiting sign-off
    151Credits & operations

    Business Travel (Primary-Purpose Rule)

    $6,000 of airfare and lodging deducted (≈$1,440 at 24%)

    IRC §162(a)(2); §274(c), (d); Treas. Reg. §1.162-2

    cash flows nowChecked · awaiting sign-off
    152Credits & operations

    Cash Method for Growing Businesses

    $100,000 of December receivables taxed next year (≈$24,000 deferred at 24%)

    IRC §448(c); §471(c); §263A(i)

    partial or deferredChecked · awaiting sign-off
    153Credits & operations

    §199A Aggregation Election

    Wages in one entity unlock the QBI deduction in another: $20,000 more deduction (≈$7,000 at 35%)

    IRC §199A (permanent under P.L. 119-21); Treas. Reg. §1.199A-4

    cash flows nowChecked · awaiting sign-off
    154Credits & operations

    Charitable Inventory Donations (Enhanced)

    Inventory with $50,000 basis and $100,000 value → $75,000 contribution; with $1M taxable income…

    IRC §170(e)(3); §170(e)(3)(C)

    cash flows nowChecked · awaiting sign-off
    155Entity & structure

    Late S-Election Relief

    S status granted back to the intended date — S-corp payroll savings for the missed year hold…

    Rev. Proc. 2013-30

    partial or deferredChecked · awaiting sign-off
    156Entity & structure

    Voting / Nonvoting S-Corp Recapitalization

    Nonvoting shares (e.g., 99%) gifted at an appraisal-supported discount (often 20–35%) while the…

    IRC §1361(c)(4); Treas. Reg. §1.1361-1(l)

    partial or deferredChecked · awaiting sign-off
    157Entity & structure

    S-Corp Debt Basis (Direct Shareholder Loans)

    $100,000 lent directly to the company frees $100,000 of losses (≈$32,000 at 32%)

    IRC §1366(d); Treas. Reg. §1.1366-2

    cash flows nowChecked · awaiting sign-off
    158Entity & structure

    Partnership Special Allocations

    Depreciation allocated to the partner who can use it — $200,000 to the 37% partner (≈$74,000)

    IRC §704(b); Treas. Reg. §1.704-1(b)(2)

    partial or deferredChecked · awaiting sign-off
    159Entity & structure

    §754 Basis Step-Up Election

    Inherited or purchased interest: $500,000 inside step-up → new depreciation for the buyer or heir

    IRC §754; §743(b); §734(b)

    partial or deferredChecked · awaiting sign-off
    160Entity & structure

    Move an S-Corp Business Into a C-Corp to Start the QSBS Clock

    Only newly issued C-corp stock qualifies (old S shares never do); for stock issued after July…

    IRC §1202 (as amended by P.L. 119-21); §1202(i); §351; §368(a)(1)(F)

    partial or deferredChecked · awaiting sign-off
    161Entity & structure

    State Residency Change

    $600,000 income × 9% state rate = about $54,000 a year no longer paid

    State domicile statutes (e.g., Cal. Rev. & Tax. Code §17014)

    cash flows nowChecked · awaiting sign-off
    162Entity & structure

    Puerto Rico Residence (§933 / Act 60)

    Puerto Rico-source income excluded from U.S. tax; resident-investor decrees: 0% on post-move PR…

    IRC §933; §937

    partial or deferredChecked · awaiting sign-off
    163Real estate

    Rental Real Estate $25,000 Allowance

    $25,000 rental loss against wages (≈$5,500 at 22%)

    IRC §469(i)

    cash flows nowChecked · awaiting sign-off
    164Real estate

    Release Suspended Losses on Sale (§469(g))

    $120,000 suspended losses freed in the year of sale (≈$38,400 at 32%)

    IRC §469(g)(1)(A)

    cash flows nowChecked · awaiting sign-off
    165Real estate

    Rental Grouping Election

    All rentals treated as one activity, so hours across properties combine for material…

    Treas. Reg. §1.469-9(g)

    cash flows nowChecked · awaiting sign-off
    166Real estate

    Partial Disposition Election

    $8,000 of undepreciated basis in the old roof written off now instead of over the remaining…

    Treas. Reg. §1.168(i)-8

    partial or deferredChecked · awaiting sign-off
    167Real estate

    Reverse 1031 Exchange

    Replacement parked with an exchange accommodation titleholder; $500,000 gain deferred, not…

    IRC §1031; Rev. Proc. 2000-37; Rev. Proc. 2004-51

    partial or deferredChecked · awaiting sign-off
    168Real estate

    Home Sale + 1031 Combination

    Married couple: $500,000 gain excluded (≈$119,000 at the top 23.8% rate: 20% + 3.8% net…

    IRC §121; §1031; Rev. Proc. 2005-14

    cash flows nowChecked · awaiting sign-off
    169Real estate

    Partial Home Sale Exclusion

    Married couple moved after 12 months for a job: 50% of $500,000 = $250,000 of gain excluded…

    IRC §121(c); Treas. Reg. §1.121-3

    cash flows nowChecked · awaiting sign-off
    170Real estate

    Rental Conversion: Keep the Home-Sale Window

    Married couple sells within 3 years of moving out: $300,000 gain excluded (≈$45,000 at 15%)…

    IRC §121(b)(5); §121(d)(6)

    cash flows nowChecked · awaiting sign-off
    171Real estate

    Vacation Home Mixed-Use Rule

    Personal use under 14 days / 10% of rental days → treated as a rental (losses still subject to…

    IRC §280A(d), (e), (g); §469

    partial or deferredChecked · awaiting sign-off
    172Real estate

    Dealer vs. Investor Split (Development S-Corp)

    Appreciation up to the sale to your development S-corp stays capital gain; only later…

    IRC §1221; Bramblett v. Commissioner, 960 F.2d 526 (5th Cir. 1992)

    partial or deferredChecked · awaiting sign-off
    173Real estate

    Historic Rehabilitation Credit

    $1M of qualified rehab → $200,000 credit, 4% a year over 5 years (basis reduced by the credit)

    IRC §47

    partial or deferredChecked · awaiting sign-off
    174Real estate

    New Markets Tax Credit

    $1M qualified equity investment → $390,000 of credits over 7 years (5% × 3, 6% × 4); the…

    IRC §45D (made permanent by OBBBA)

    partial or deferredChecked · awaiting sign-off
    175Real estate

    Farmland Sale to a Farmer: Tax in Four Installments

    $1M gain: tax paid in 4 equal annual installments instead of up front

    IRC §1062 (OBBBA §70437)

    partial or deferredChecked · awaiting sign-off
    176Charitable & giving

    Non-Itemizer Charitable Deduction ($1,000 / $2,000)

    $2,000 of cash gifts deducted on top of the standard deduction, married (≈$480 at 24%)

    IRC §170(p) (OBBBA §70424); from 2026

    cash flows nowChecked · awaiting sign-off
    177Charitable & giving

    Charitable Gift Annuity

    $100,000 of appreciated stock at about age 75 → lifetime payments, about a $40,000 deduction if…

    IRC §170; §1011(b); Treas. Reg. §1.1011-2(a)(4); §72; §514(c)(5)

    cash flows nowChecked · awaiting sign-off
    178Charitable & giving

    Bargain Sale to Charity

    $1M property sold to charity for $400,000: $600,000 deduction (≈$192,000 at 32%, usable up to…

    IRC §1011(b); §170(e)

    cash flows nowChecked · awaiting sign-off
    179Charitable & giving

    Give the Business Interest Before the Sale

    $1M of zero-basis shares given well before the deal: $238,000 of gain (23.8%) never taxed to you…

    IRC §170; assignment-of-income doctrine (Hoensheid, T.C. Memo. 2023-34)

    cash flows nowChecked · awaiting sign-off
    180Charitable & giving

    Leave the IRA to Charity, Other Assets to Heirs

    $500,000 IRA to charity pays $0 income tax; heirs take stepped-up taxable assets instead…

    IRC §691; §2055

    partial or deferredChecked · awaiting sign-off
    181Charitable & giving

    Flip CRUT for Illiquid Assets

    Pays net income until the asset sells, then flips to a fixed unitrust; $900,000 gain not taxed…

    IRC §664; Treas. Reg. §1.664-3(a)(1)(i)(c)–(d)

    partial or deferredChecked · awaiting sign-off
    182Estate & trusts

    Direct Tuition & Medical Payments (Unlimited)

    $60,000 of tuition paid straight to the school: no gift tax, no exemption and no $19,000 annual…

    IRC §2503(e)

    partial or deferredChecked · awaiting sign-off
    183Estate & trusts

    Qualified Disclaimer

    A surviving spouse disclaims $2M within 9 months of the death so it passes to a bypass trust…

    IRC §2518

    partial or deferredChecked · awaiting sign-off
    184Estate & trusts

    QTIP Trust

    Marital deduction at the first death + control of who inherits at the second

    IRC §2056(b)(7)

    partial or deferredChecked · awaiting sign-off
    185Estate & trusts

    Credit-Shelter (Bypass) Trust

    $15M sheltered at the first death; its growth stays out of the survivor's estate

    IRC §2010; §2056

    partial or deferredChecked · awaiting sign-off
    186Estate & trusts

    Special-Use Valuation for Farms & Businesses

    Farmland valued at farm use, not development value — estate value reduced up to the…

    IRC §2032A

    partial or deferredChecked · awaiting sign-off
    187Estate & trusts

    Self-Cancelling Installment Note (SCIN)

    Business sold to the kids; unpaid balance cancels at death and stays out of the estate — but the…

    IRC §453; §453B(f); §2033; Estate of Moss, 74 T.C. 1239 (1980)

    partial or deferredChecked · awaiting sign-off
    188Estate & trusts

    Incomplete-Gift Nongrantor Trust (ING)

    $5M gain taxed in a no-tax trust state instead of a 9% state (≈$450,000 state tax)

    IRC §§671–677; §2511; PLRs 201636027–201636032, 201653001–201653009

    partial or deferredChecked · awaiting sign-off
    189Estate & trusts

    Trust 65-Day Distribution Rule

    $50,000 of trust income distributed to beneficiaries in the 22% bracket instead of 37% (≈$7,500)

    IRC §663(b)

    cash flows nowChecked · awaiting sign-off
    190Deals & exits

    F Reorganization Before a Sale

    Buyer gets an asset step-up (worth more to them) and protection from S-election defects; seller…

    IRC §368(a)(1)(F); Rev. Rul. 2008-18

    cash flows nowChecked · awaiting sign-off
    191Deals & exits

    Tax-Free Spin-Off (§355)

    Two businesses split with no corporate or shareholder tax

    IRC §355

    partial or deferredChecked · awaiting sign-off
    192Deals & exits

    Personal Goodwill Sale

    $2M of goodwill sold by the owner, not the C-corp: the 21% corporate layer is avoided — net…

    Martin Ice Cream Co., 110 T.C. 189; Howard v. U.S. (contrast)

    partial or deferredChecked · awaiting sign-off
    193Deals & exits

    §83(i) Deferral on Startup Equity

    $200,000 of vested stock: income tax deferred up to 5 years instead of paid with no cash to sell

    IRC §83(i)

    partial or deferredChecked · awaiting sign-off
    194Deals & exits

    Employee Stock Purchase Plan Qualifying Sale

    15% discount on $25,000 of stock; holding 2 years/1 year turns most of the gain into capital gain

    IRC §423; §421

    cash flows nowChecked · awaiting sign-off
    195Investments

    0% Capital-Gains Harvesting

    $40,000 of gains sold and rebought while taxable income stays under the 2026 0% ceiling (about…

    IRC §1(h)(1)(B)

    cash flows nowChecked · awaiting sign-off
    196Investments

    Section 1256 Contracts (60/40)

    $100,000 trading gain taxed at a blended 26.8% instead of 37% (≈$10,200)

    IRC §1256

    cash flows nowChecked · awaiting sign-off
    197Investments

    Exchange Funds (Diversify Without Selling)

    $5M concentrated stock pooled into a diversified fund; $1M+ of gain tax deferred

    IRC §721(b); §704(c)(1)(B); §737; Treas. Reg. §1.351-1(c)

    partial or deferredChecked · awaiting sign-off
    198Investments

    Tax-Exempt Municipal Bonds

    $1M at a 4% muni yield = $40,000 tax-free (taxable-equivalent ≈6.3% at 37%)

    IRC §103; §1411(c)

    cash flows nowChecked · awaiting sign-off
    199Investments

    Worthless Securities & Debts

    $50,000 worthless private stock deducted (≈$12,000 as an ordinary loss under §1244, or capital…

    IRC §165(g); §166

    cash flows nowChecked · awaiting sign-off
    200Investments

    Interest Tracing (Make the Loan Deductible)

    $200,000 borrowed and used for business or investment: $14,000 of interest deductible (≈$4,480…

    Treas. Reg. §1.163-8T; Notice 89-35

    cash flows nowChecked · awaiting sign-off

    Strategies we warn you about

    These are sold hard and audited harder. Some are IRS listed transactions. Before you sign anything like these, get a second opinion.

    201Recognize & refuse

    Monetized installment sale

    Penalties up to 40% plus interest; not a strategy

    IRS Dirty Dozen

    doesn't cash flowRecognize & refuse
    202Recognize & refuse

    Charitable remainder annuity trust + annuity scheme

    Penalties up to 40% plus interest; not a strategy

    IRS Dirty Dozen

    doesn't cash flowRecognize & refuse
    203Recognize & refuse

    Foreign 'pension' plans (e.g. Maltese)

    Penalties up to 40% plus interest; not a strategy

    IRS Dirty Dozen

    doesn't cash flowRecognize & refuse
    204Recognize & refuse

    'Pure trust' / sham trust to hide income

    Penalties up to 40% plus interest; not a strategy

    Frivolous-position rules

    doesn't cash flowRecognize & refuse

    Strategies 1–85 went through the firm's series review. Strategies 86–200 passed an independent technical check on October 14, 2026 and await credentialed sign-off. Figures are illustrations, not promises. Educational only; not tax advice for your situation.

    Last updated: