Freedom Blueprint for Home Services | HVAC, Plumbing, Electrical, Leadership, Business Growth 101 | Tax Law Changes Every Home Service Business Owner Needs to Know with Cyndi Warren
Show Information
Episode Number: 101
Date: August 15, 2025
Duration: 35:47
Host Contact Information
Host: Justin Deese
Website: JustinDeese.com
Contact: Justin@JustinDeese.com
Guest Contact Information
Guest: Cyndi Warren
Company: Warren Averitt
Guest Website: WarrenAveritt.com
Guest Email: cindy.warren@WarrenAveritt.com
Summary
In this episode, Justin and guest co-host Kristen welcome Cyndi Warren, Partner at Warren Averitt, to break down the recent sweeping tax legislation and what it means for home service business owners. From bonus depreciation to overtime deductions, R&D expensing to the elimination of certain meal deductions, Cyndi shares practical insights to help you prepare, adapt, and maximize the benefits available. Whether you run a plumbing, HVAC, or electrical business, you’ll walk away with actionable tips to stay compliant and profitable under the new tax landscape.
Takeaways
- Qualified Business Income Deduction extended, potentially saving business owners thousands.
- Bonus depreciation reinstated—100% write-off for equipment placed in service.
- Section 179 vs. bonus depreciation—when to choose one over the other.
- New overtime deduction rules and W-2 reporting changes for 2025.
- Many clean energy credits expiring—plan now if you rely on them.
- R&D expenses can be fully expensed again starting in 2025.
- Employer-provided meals will no longer be deductible after 2025 (with some exceptions).
- 1099 reporting threshold increasing to $2,000 in 2026.
Chapters
00:00 – Welcome & Introductions
02:00 – How fast the new bill became law
05:00 – Qualified Business Income Deduction extended
06:30 – Bonus depreciation vs. Section 179 explained
10:00 – Lessons from selling a business with depreciated assets
11:00 – New overtime deduction rules for employees
15:00 – The end of certain clean energy credits
16:45 – Interest expense deduction changes
18:00 – R&D expenses fully deductible again in 2025
22:00 – Employer-provided meals deduction ending
26:00 – 1099 reporting threshold increase
28:00 – ERTC audits and lessons learned
30:15 – About Warren Averitt and Cyndi’s ideal clients
33:45 – How to connect with Cyndi Warren
Keywords
#FreedomBlueprintPodcast #JustinDeese #CyndiWarren #WarrenAveritt #HomeServiceBusiness #HVACBusiness #PlumbingBusiness #ElectricalBusiness #TaxPlanning #BonusDepreciation #Section179 #OvertimeDeduction #RAndDExpense #CleanEnergyCredits #BusinessTaxTips #SmallBusinessFinance #QBIDeduction #ERTC #HomeServiceGrowth