Edgar Law Group LLP

08/04/2025

🚨MAJOR TAX UPDATE🚨
Your Business Vehicle Could Be Worth 100% Deduction!!!
Did you buy a truck or SUV for your business? The One Big Beautiful Bill Act just changed everything for business owners!

The Game-Changer: Heavy business vehicles (6,000+ lbs) now qualify for 100% BONUS DEPRECIATION - and it's PERMANENT!

Real Example:
Buy a $70,000 qualifying truck? That's potentially a $70,000 tax deduction (with 100% business use). For higher tax brackets, that's $25,000+ in actual tax savings! 💰

What Qualifies:
- Ford F-150s, Chevy Silverados, Tesla Model X
- Any SUV/truck over 6,000 lbs GVWR
- Must be used for legitimate business purposes

Quick Action Steps:
- Check your vehicle's weight (door sticker shows GVWR)
- Document your business usage with mileage logs
- Consult your tax professional about retroactive benefits
- Consider if converting personal vehicles makes sense

Pro Tip: Even previously purchased personal vehicles might qualify if converted to business use!

This isn't going away - it's now PERMANENT law. But proper implementation is crucial.

What business vehicle are you driving? You might be sitting on thousands in tax savings!

Always consult with a tax professional about your specific situation.

07/31/2025

🔔 Homeowners: Final Year for Federal Home Energy Tax Credits

Thinking about new windows, a heat pump, or better insulation?

✅ You could qualify for up to $3,200 in tax credits — but only if the upgrades are installed by December 31, 2025.

Thanks to new legislation signed in July 2025, these credits are going away next year.

Eligible improvements include:

- Windows and doors
- Insulation and HVAC systems
-Heat pumps and water heaters
- Certified home energy audits

>> File IRS Form 5695 to claim.
>> Rebates and incentives may reduce the amount you can claim — so plan wisely!

👉 Save this post & talk to a tax professional today.

Learn more at https://buff.ly/Cm2oatD

Recent legislative changes mean 2025 could be your last opportunity to claim these substantial savings.

05/26/2025

𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰? 𝐖𝐡𝐞𝐧 𝐲𝐨𝐮 𝐫𝐞𝐩𝐥𝐚𝐜𝐞 𝐲𝐨𝐮𝐫 𝐫𝐞𝐧𝐭𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲'𝐬 𝐫𝐨𝐨𝐟, 𝐭𝐡𝐞 𝐈𝐑𝐒 𝐥𝐞𝐭𝐬 𝐲𝐨𝐮 𝐢𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞𝐥𝐲 𝐝𝐞𝐝𝐮𝐜𝐭 𝐭𝐡𝐞 𝐨𝐥𝐝 𝐫𝐨𝐨𝐟'𝐬 𝐫𝐞𝐦𝐚𝐢𝐧𝐢𝐧𝐠 𝐯𝐚𝐥𝐮𝐞 - 𝐛𝐮𝐭 𝐦𝐨𝐬𝐭 𝐨𝐰𝐧𝐞𝐫𝐬 𝐦𝐢𝐬𝐬 𝐭𝐡𝐢𝐬 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲.

𝖮𝗇𝖾 𝖼𝗅𝗂𝖾𝗇𝗍 𝗌𝖺𝗏𝖾𝖽 $𝟥𝟢𝟦,𝟢𝟢𝟢 𝗎𝗌𝗂𝗇𝗀 𝗍𝗁𝖾 "𝗉𝖺𝗋𝗍𝗂𝖺𝗅 𝖽𝗂𝗌𝗉𝗈𝗌𝗂𝗍𝗂𝗈𝗇 𝖾𝗅𝖾𝖼𝗍𝗂𝗈𝗇": $𝟤𝟨𝟦,𝟢𝟢𝟢 𝗂𝗇 𝗂𝗆𝗆𝖾𝖽𝗂𝖺𝗍𝖾 𝗍𝖺𝗑 𝗌𝖺𝗏𝗂𝗇𝗀𝗌 𝖯𝖫𝖴𝖲 $𝟦𝟢,𝟢𝟢𝟢 𝗂𝗇 𝖿𝗎𝗍𝗎𝗋𝖾 𝗌𝖺𝗏𝗂𝗇𝗀𝗌 𝗐𝗁𝖾𝗇 𝗍𝗁𝖾𝗒 𝗌𝖾𝗅𝗅.

𝖳𝗁𝗂𝗌 𝗐𝗈𝗋𝗄𝗌 𝖿𝗈𝗋 𝗋𝗈𝗈𝖿𝗌, 𝖧𝖵𝖠𝖢 𝗌𝗒𝗌𝗍𝖾𝗆𝗌, 𝖾𝗅𝖾𝗏𝖺𝗍𝗈𝗋𝗌 - 𝖺𝗇𝗒 𝗆𝖺𝗃𝗈𝗋 𝖻𝗎𝗂𝗅𝖽𝗂𝗇𝗀 𝖼𝗈𝗆𝗉𝗈𝗇𝖾𝗇𝗍 𝗒𝗈𝗎 𝗋𝖾𝗉𝗅𝖺𝖼𝖾 (𝖿𝗈𝗋 𝗉𝗋𝗈𝗉𝖾𝗋𝗍𝗂𝖾𝗌 𝗉𝗅𝖺𝖼𝖾𝖽 𝗂𝗇 𝗌𝖾𝗋𝗏𝗂𝖼𝖾 𝖺𝖿𝗍𝖾𝗋 𝟣𝟫𝟪𝟨).

𝐓𝐡𝐞 𝐜𝐚𝐭𝐜𝐡? 𝐘𝐨𝐮 𝐦𝐮𝐬𝐭 𝐦𝐚𝐤𝐞 𝐭𝐡𝐞 𝐞𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐰𝐡𝐞𝐧 𝐟𝐢𝐥𝐢𝐧𝐠 𝐭𝐡𝐚𝐭 𝐲𝐞𝐚𝐫'𝐬 𝐫𝐞𝐭𝐮𝐫𝐧. 𝐌𝐢𝐬𝐬 𝐢𝐭 = 𝐥𝐨𝐬𝐞 𝐢𝐭 𝐟𝐨𝐫𝐞𝐯𝐞𝐫.

𝖳𝖺𝗑 𝗅𝖺𝗐𝗌 𝖺𝗋𝖾 𝖼𝗈𝗆𝗉𝗅𝖾𝗑 - 𝖺𝖼𝗍𝗎𝖺𝗅 𝗌𝖺𝗏𝗂𝗇𝗀𝗌 𝖽𝖾𝗉𝖾𝗇𝖽 𝗈𝗇 𝗒𝗈𝗎𝗋 𝗌𝗂𝗍𝗎𝖺𝗍𝗂𝗈𝗇. 𝖱𝖾𝖺𝖽𝗒 𝗍𝗈 𝗌𝗍𝗈𝗉 𝗅𝖾𝖺𝗏𝗂𝗇𝗀 𝗆𝗈𝗇𝖾𝗒 𝗈𝗇 𝗍𝗁𝖾 𝗍𝖺𝖻𝗅𝖾?

𝖫𝖾𝖺𝗋𝗇 𝗆𝗈𝗋𝖾: https://edgarlawgroup.substack.com/p/the-304000-tax-break-most-property

𝖼𝖺𝗅𝗅 𝟦𝟢𝟪-𝟤𝟩𝟪-𝟣𝟤𝟢𝟢

#𝖱𝖾𝖺𝗅𝖤𝗌𝗍𝖺𝗍𝖾𝖳𝖺𝗑 #𝖯𝗋𝗈𝗉𝖾𝗋𝗍𝗒𝖨𝗇𝗏𝖾𝗌𝗍𝗈𝗋𝗌 #𝖳𝖺𝗑𝖲𝗍𝗋𝖺𝗍𝖾𝗀𝗒

01/15/2021

https://lnkd.in/gyGEP4r

About UsEdgar Law Group provides legal and tax services to its clients. We are uniquely different from our competitors as we challenge the status quo. We are people-focused and creativity-driven. From jumping on a long call with the IRS to save a clien...

05/27/2019

Be Informed: Find out how IRS Publications relate to you or your business

IRS Pub. 551: Basis of Assets.

Basis is the amount of your investment in property for tax purposes. Use the basis of property to figure depreciation, amortization, depletion, and casualty losses. Also, use it to figure gain or loss on the sale or other disposition of property. You must keep accurate records of all items that affect the basis of property so you can make these computations.
http://bit.ly/2vVbcEv

05/13/2019

Be Informed: Find out how IRS Publications relate to you and your business

IRS Pub 538: Accounting Periods and Methods. This publication explains some of the rules for accounting periods and accounting methods. http://bit.ly/2Q4mVtS

Every taxpayer (whether an individual or a business entity) must figure taxable income on an annual accounting period called a tax year. Also, each taxpayer must use a consistent accounting method, which is a set of rules for determining when to report income and expenses.

05/13/2019

Be Informed: Find out how IRS Publications relate to you and your business

IRS Pub 538: Accounting Periods and Methods. This publication explains some of the rules for accounting periods and accounting methods. http://bit.ly/2Q4mVtS

Every taxpayer (whether an individual or a business entity) must figure taxable income on an annual accounting period called a tax year. Also, each taxpayer must use a consistent accounting method, which is a set of rules for determining when to report income and expenses.

02/14/2019

Easy 1-Click Apply (EDGAR LAW GROUP LLP) Enrolled Agent job in San Jose, CA. View job description, responsibilities and qualifications. See if you qualify!

09/13/2018

If you have just received or paid an IRS penalty, call us!
Our expert tax representatives could help you get a refund or pay $0 with IRS mercy.
Call us today to tell about your tax situation.

http://bit.ly/2MrrWJd | Toll-free: 877-345-3591

08/07/2018

As a small-business owner, you have good odds of someday facing a penalty for late filing and/or late payment of your or your corporation’s federal income or payroll taxes. When you receive the penalty notice from the IRS, it’s likely you will think that you have to pay the penalties.
That may not be true. We know many of the rules of the penalty road, and it’s quite possible that we can use one of those rules to either make your penalties go away altogether or substantially reduce them.

Edgar Law Group is at your service and always available to help. Call us toll-free at 877-345-3591 or email [email protected]