Show Information

Episode Number: 101

Date: August 15, 2025

Duration: 35:47

Host Contact Information

Host: Justin Deese

Website: JustinDeese.com

Contact: Justin@JustinDeese.com

Guest Contact Information

Guest: Cyndi Warren

Company: Warren Averett

Guest Website: WarrenAverett.com

Guest Email: Cyndi.warren@warrenaverett.com

Summary

In this episode, Justin and guest co-host Kristen welcome Cyndi Warren, Partner at Warren Averitt, to break down the recent sweeping tax legislation and what it means for home service business owners. From bonus depreciation to overtime deductions, R&D expensing to the elimination of certain meal deductions, Cyndi shares practical insights to help you prepare, adapt, and maximize the benefits available. Whether you run a plumbing, HVAC, or electrical business, you’ll walk away with actionable tips to stay compliant and profitable under the new tax landscape.

Takeaways

• Qualified Business Income Deduction extended, potentially saving business owners thousands.
• Bonus depreciation reinstated—100% write-off for equipment placed in service.
• Section 179 vs. bonus depreciation—when to choose one over the other.
• New overtime deduction rules and W-2 reporting changes for 2025.
• Many clean energy credits expiring—plan now if you rely on them.
• R&D expenses can be fully expensed again starting in 2025.
• Employer-provided meals will no longer be deductible after 2025 (with some exceptions).
• 1099 reporting threshold increasing to $2,000 in 2026.

Chapters

00:00 – Welcome & Introductions

02:00 – How fast the new bill became law

05:00 – Qualified Business Income Deduction extended

06:30 – Bonus depreciation vs. Section 179 explained

10:00 – Lessons from selling a business with depreciated assets

11:00 – New overtime deduction rules for employees

15:00 – The end of certain clean energy credits

16:45 – Interest expense deduction changes

18:00 – R&D expenses fully deductible again in 2025

22:00 – Employer-provided meals deduction ending

26:00 – 1099 reporting threshold increase

28:00 – ERTC audits and lessons learned

30:15 – About Warren Averitt and Cyndi’s ideal clients

33:45 – How to connect with Cyndi Warren

Keywords

#FreedomBlueprintPodcast #JustinDeese #CyndiWarren #WarrenAveritt #HomeServiceBusiness #HVACBusiness #PlumbingBusiness #ElectricalBusiness #TaxPlanning #BonusDepreciation #Section179 #OvertimeDeduction #RAndDExpense #CleanEnergyCredits #BusinessTaxTips #SmallBusinessFinance #QBIDeduction #ERTC #HomeServiceGrowth