The Source Episode 17: Double Your Tax Refund? 103 New Tax Benefits Every Business Owner Should Know

Episode 17 - Double Your Tax Refund? 103 New Tax Benefits Every Business Owner Should Know w/ Julio Gonzalez

 

In this episode of The Source: Rule Breakers, Lawmakers & Influencers, Will sits down with Julio Gonzalez, CEO of Engineered Tax Services, to break down the powerful tax benefits inside the so-called “Big Beautiful Bill” and what they could mean for entrepreneurs, real estate investors, and everyday taxpayers. With 103 new tax deductions and incentives, this legislation could dramatically change how Americans approach tax planning, business investment, and wealth building. Julio explains why many taxpayers are seeing larger refunds, reduced tax bills, and new opportunities to write off major purchases—from vehicles and real estate to jets and boats used for business. Topics Covered in This Episode • The 103 new tax benefits introduced in the latest tax legislation • How Section 179 vehicle deductions can allow businesses to write off an entire vehicle purchase • Why vehicle interest payments may now be tax deductible • How 100% bonus depreciation can dramatically reduce taxable income • Cost segregation strategies for real estate investors • How SALT deductions increased from $10K to $40K and why that matters for homeowners • Why sales tax on major purchases like vehicles can also count toward SALT deductions • New healthcare, education, and retirement tax deductions for entrepreneurs • How grants are becoming a major funding source for small businesses • Why critical mineral production in the U.S. is attracting new investment Julio also explains how smart tax planning—not just filing taxes—can unlock massive financial advantages for individuals and business owners alike. If you’re an entrepreneur, real estate investor, small business owner, or independent contractor, this episode will give you actionable strategies to reduce taxes, increase cash flow, and build long-term wealth.