Tax Planning
5 Tax Strategies Every S-Corp Owner Should Know Before Year-End
July 23, 2026By Lux CPA Team
5 Tax Strategies Every S-Corp Owner Should Know
Most CPAs look backward. We plan forward — all year.
1. Reasonable Salary Optimization
Your S-Corp salary directly impacts payroll taxes and QBI deduction eligibility. Getting this right can save $10,000+ per year.
2. Accountable Plan Reimbursements
Reimburse yourself tax-free for home office, mileage, and business expenses.
3. Retirement Plan Contributions
Solo 401(k) or SEP-IRA can shelter up to $69,000 in 2026.
4. Section 179 & Bonus Depreciation
Accelerate equipment purchases before December 31.
5. Income Timing
Defer or accelerate income based on your projected bracket.