Bonus Depreciation Phase Out Update for 2025
As we move deeper into the bonus depreciation phase out schedule, 2025 marks a critical turning point. Businesses can now deduct only 40% of the cost of qualifying assets placed […]
Author: Miguel Alexander Centeno
- About Miguel Alexander Centeno
- Miguel Alexander Centeno is an author, speaker, and tax leader at Shared Economy Tax. A former Big 4 tax manager, he represents taxpayers in all matters before the IRS, including the U.S. Tax Court. He has been quoted in the Wall Street Journal, Fox Business, and MSNBC on tax related articles and has testified before the U.S. House of Representatives as a part of hearings for the Tax Cuts and Jobs Act. A father of three, Miguel is an avid acoustic guitar player, gravel cyclist and once-a-week yogi.
Posts by Miguel Alexander Centeno
Cost Segregation Trends and Updates for 2025
Cost segregation continues to be a powerful tax strategy for real estate investors and Airbnb hosts, enabling them to accelerate depreciation deductions and reduce their taxable income. However, as we […]
Which Entity Fits Your Business Structure? – LLC, S-Corps, and More
When you start a business, especially in the sharing economy (think Uber, Airbnb, and other gig economy ventures), choosing the right business structure is crucial. Your choice affects everything from […]
SALT Deduction Tips for Airbnb Hosts
As a tax-savvy Airbnb host, you know that every tax deduction you can claim counts toward boosting your bottom line. One of the most valuable deductions for property owners and […]
Can I Deduct Moving Expenses in 2025?
The average cost of an in-town move hovers around $2,000, while relocating across the country can approach $30,000. Because moving is often tied to job changes, many taxpayers wonder whether […]
The Best Section 179 Vehicles for 2025
Small business owners are always looking for ways to save money, and the IRS offers several tax incentives to help businesses grow and reduce costs. If you purchased or leased […]
Standard Mileage vs Actual Expenses: What’s Best for Uber Drivers?
If you’re an Uber driver, one of the key decisions you’ll face when tax season rolls around is how to deduct your vehicle expenses. There are two main methods available: […]
Annual Filing Requirements for Business Entities: State By State
For LLCs, corporations, and nonprofits, annual filing requirements are more than just a formality—it’s a key part of maintaining legal compliance and keeping your entity in good standing with the […]
Webinar Recap: Superhost Secrets Most Airbnb Owners Miss with Ashleigh Brown
The difference between a good Airbnb listing and a great one often comes down to seemingly insignificant details. We recently hosted Ashleigh Brown for our webinar “The Journey to Superhost: […]
The Last EVs Standing for Tax Credits in 2025
The electric vehicle tax credit landscape is changing as we speak, with manufacturers racing to adapt to changing federal tax credit requirements. As tax experts working with businesses and individuals […]