{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Simplify My Numbers | Saving 7-6-5 Entrepreneurs 5 Figures in Taxes","title":"1. Navigating the Tax Maze of 2026","html":"","width":"100%","height":180,"duration":965,"description":"What happens when tax laws change halfway through the year? If you're a business owner with employees, purchased assets in 2025, or live in a high-tax state, you might be sitting on tax savings you don't even know about—or worse, facing confused employees with incorrect W-2s.\nThe 2025 tax code overhaul, via the One Big Beautiful Bill, brought massive changes that caught most business owners off guard: overtime became tax-exempt (with conditions), bonus depreciation returned at 100%, and the SALT deduction cap quadrupled. But because these changes happened mid-year, payroll systems weren't ready, business owners weren't prepared, and now the 2026 tax filing season is shaping up to be one of the most confusing in years.\nHIGHLIGHTS\n• Why the 2026 tax filing season will be uniquely confusing for business owners• The 55-employee W-2 crisis: what went wrong and how to fix it• Bonus depreciation is back at 100%—but only for assets purchased after a specific date• How to write off $50,000 in equipment while only spending $5,000 out of pocket• The overtime tax exemption explained: who qualifies and how much you can save• Why most payroll software failed to capture overtime exemptions correctly• SALT deduction changes: the cap increased from $10,000 to $40,000• How high-income earners in high-tax states can finally itemize properly• The critical questions your tax professional should be asking you right now\nCHAPTERS\n0:00 - 55 W-2s Missing Overtime Info: What Went Wrong?0:24 - Welcome to Simplify My Numbers + Why 2026 Taxes Will Be a Mess1:18 - Mid-Year 2025 Tax Law Changes You Must Know2:48 - Bonus Depreciation Is Back: The Write-Off Opportunity Explained5:18 - The Catch: 100% Bonus Depreciation Only After Jan 19, 20256:32 - Overtime Tax Exemption: Rules, Limits, and Who Qualifies7:48 - Payroll Software Fail: Fixing Incorrect W-2s for Overtime10:38 - SALT Deduction Changes: Standard vs Itemized (and the New $40K Cap)14:07 - Final Takeaway: Plan Early, Ask the Right...","thumbnail_url":"https://img.transistorcdn.com/E0Gc0wU8bIWldC9D-uQsDKrcetNgirG15Ha3M58Rug8/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mOWQy/MjhlZDliMTMzYTZk/Yjc5OTIzYzcxYzc5/NTYyNy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}