The Year-End Expense Acceleration Trick (100% Legal) - 5/5 Top Year-End Tax Plays

This year-end strategy can legally reduce your tax bill by shifting income into next year and accelerating deductions before 12/31.

Most business owners are cash-basis taxpayers—meaning whatever money hits or leaves your bank account between 1/1 and 12/31 is what gets taxed. With only a few days left in the year, this is one of the simplest and most overlooked tax plays you can still implement.

In this video, Andrew (CPA & Partner at Ledgerly) breaks down:

-How cash-basis timing rules actually work
-What expenses you can accelerate before year-end
-How to legally delay income into the next tax year
-When shifting income doesn’t make sense
-A real-number example that shows the tax savings

Key Takeaways:

-Accelerating legitimate business expenses before 12/31 can reduce your taxable income
-Holding certain payments until January may shift income into the next year
-Prepaying up to 12 months of insurance or subscriptions may qualify for deduction this year
-Equipment purchases may still qualify for 100% bonus depreciation
-Strategy only works if it aligns with your future income expectations and tax bracket

If you want this personalized for your business, book a consultation with us.

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