Business Tools Help

Comprehensive guide for using business tax analysis tools

Business Tool Guides

Employee Tax Benefits Analysis

Calculate how the Big Beautiful Bill affects your employees:

  1. Navigate to Employee Analysis tool
  2. Enter your business information (industry, employee count)
  3. Add employee details (wages, tip income, overtime)
  4. Review tax savings for each employee
  5. Download comprehensive employee benefit reports

Business Deduction Calculator

Maximize your business tax deductions:

  1. Go to Business Deduction tool
  2. Enter your business income and type
  3. Input qualified business income (QBI) amounts
  4. Review enhanced QBI deduction calculations
  5. See projected tax savings from business deductions

Tax Strategy Planner

Develop comprehensive tax optimization strategies:

  1. Access the Tax Strategy tool
  2. Input detailed business financial information
  3. Review multi-year tax projections
  4. Identify optimization opportunities
  5. Generate strategic planning reports

Key Business Benefits
For Your Employees:
  • Tax-Free Tips: Service employees pay no federal income tax on tips
  • Tax-Free Overtime: Overtime compensation excluded from taxable income
  • Enhanced Benefits: Improved employee satisfaction and retention
For Your Business:
  • Enhanced QBI Deduction: 25% enhanced deduction on business income
  • Equipment Depreciation: Accelerated depreciation schedules
  • R&D Credits: Enhanced research and development tax credits

Industry-Specific Guidance
Maximum tip income benefits: Servers, bartenders, and food service workers receive tax-free tip income. Calculate employee savings and use this as a competitive advantage for hiring and retention.
Overtime and equipment benefits: Manufacturing often involves overtime work. Your employees benefit from tax-free overtime income, plus your business gets enhanced depreciation on equipment.
QBI deduction optimization: Professional service businesses can maximize the enhanced QBI deduction. Use our calculator to determine optimal business structure and income distribution strategies.