Free E-Book

Seven tax strategies, and the quarter each one belongs in

Most of these move money only if you set them up before the quarter closes. The home office allocation, the accountable plan, the Augusta lease — none of them can be added in April for a year that already ended. This e-book walks through all seven: what each one requires, what the IRS actually asks for, and what to do next.

Written for practice owners. Every strategy cites the code section behind it.

  • All seven strategies, each with what it requires and the next step
  • The code section and IRS publication behind every one
  • Which quarter each one belongs in, and what expires if you wait
  • Written for practice owners - take it to any advisor and have a real conversation
7 Tax Strategies for Direct Care Practice Owners - free e-book from Goodman CPA7-tax-strategies-ebook-cover

One email with the e-book. We don't sell your information, and you can unsubscribe any time.

What's in it

Seven strategies, each with an overview, the requirements, and the next step. The code sections and IRS publications behind every one are cited at the foot of the page, so you can take it to any advisor and have a real conversation.

  1. Home Office — What “exclusively and regularly” actually means, and how the deduction works differently depending on whether your practice is a Schedule C or an S-Corp.
  2. Hiring Your Child — Under 18 means no social security or Medicare on their wages — but only for some entity types, and only at a market rate for real work.
  3. Employee Achievement Award — Up to $400 of tangible property per employee, excluded from their income. Worth knowing the S-Corp owner-employee exclusion before you plan around it.
  4. Accountable Plan — The mechanism that turns out-of-pocket spending into a business deduction and non-taxable cash back to you. If your practice isn't a Schedule C, this is how the home office reaches you.
  5. 1031 Exchange — Selling a building without the capital gains bill. 45 days to identify, 180 to execute, and a qualified intermediary from the start — miss the sequence and the whole thing collapses.
  6. Home Gain Exclusion — Up to $500,000 of gain on a primary residence excluded, if you meet the two-of-five-years test.
  7. Augusta Strategy — Rent your home to your practice for up to 14 days a year, tax-free to you and deductible to the business. Needs an S-Corp, C-Corp or partnership, a written lease, and documented local rates.

Not all seven will apply to your practice. Which ones do depends on your entity, whether you own your building, and whether you have staff. That's the conversation, not the e-book.

The Numbers Underneath

Seventy tax plans, and what they add up to.

$3.16M
in tax savings identified across 70 tax plans
$32,925
federal saved in 2025 — Rooted Family Health, Dr. Chris Imperial
$27,436
saved in 2025 — Coastal Maine Direct Care, Dr. Karen Saylor

The e-book tells you what's possible. A plan tells you which ones are yours.

Seven strategies, four quarters, one entity structure — the combination that works is specific to your practice. A free tax strategy session is where we work out which of these you can actually use this year, and in what order.

Book a Free Tax Strategy Session →