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July 28, 2025 16 mins

Think business losses always help reduce your taxes? Not anymore. In this episode, we break down the now permanent Excess Business Loss Limitation under Section 461(l) and how it restricts high-income entrepreneurs from using all their business losses to offset income. We explain how it applies to multi-entity owners, real estate investors, and startup founders, and how you can work around the limits with smarter planning. You’ll learn when losses are deductible, how to work with Net Operating Losses (NOLs), and why entity structure and timing matter more than ever. This is a critical update every serious business owner must understand.

 

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📧 Contact Me --> hello@phillipsbusinessgroup.com 

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