R&D credit worth 6–10% of qualifying wages — payroll-tax offset for startups <5 yrs old.
The IRC §41 R&D Credit rewards businesses developing new products, processes, software, or techniques. Credit = ~6.5% of qualifying R&D wages, contract research (65%), and supplies. Startups <5 yrs old with <$5M revenue can apply up to $500K/yr against payroll tax (Form 8974) — real cash refund even at a loss. Post-TCJA §174 requires capitalizing R&D over 5 yrs (15 yrs foreign) instead of expensing — increases current tax but preserves the credit. Study cost $5K–$25K; typical credit $30K–$500K/yr.
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Front-load depreciation on real estate to slash current-year taxes.
Turn W-2 income into tax-free passive rental losses.
Defer capital gains indefinitely by rolling into bigger real estate.
Defer + eliminate capital gains via OZ funds.
Rent your home to your business up to 14 days/year — tax-free.
Deduct 20% of pass-through business income.
Slash self-employment tax on profits above ~$50K.
Expense equipment, vehicles, and property in year one.