Taxes can feel like alphabet soup – SEC 179, QBI, FICA – but James R. Leichter boils the rules down to everyday contractor language. In this half-day virtual workshop, he shows HVAC business owners how to shelter income legally, time deductions for maximum impact, and still sleep at night if the IRS calls. James walks through a full-year income statement, flags the numbers that drive tax liability, and then layers on S-Corp salary vs. dividend splits, vehicle write-offs, and the power of an accountable-plan reimbursement policy. Everything is illustrated with real-world examples you can hand to your CPA Monday morning.

The pace is brisk yet practical. You’ll leave knowing which strategies fit a five-truck shop, which requires a larger payroll base, and which to avoid if you plan to sell soon. Polls and Q&A breaks make sure every tactic is crystal clear before you move on.

Webinar Tool-Kit:

• Should you buy it or lease it? We will give you a quick decision chart.
• Salary/dividend formulas that survive IRS “reasonable compensation” tests.
• Section 179 vs. bonus depreciation – when to accelerate and when to delay.
• Tax-credit checklist: energy, R&D, and work-opportunity credits most contractors miss.
• Accountable-plan template that turns cell-phone and mileage reimbursements into tax-free dollars.
• Retirement-plan options ranked by cost, complexity, and owner benefit.
• S-Corp vs. LLC vs. C-Corp cheat sheet for future entity planning.