Episode 35: OB3 - R&D Tax , FMLA , FICA, + Employer Paid Childcare Credits

In this episode of Full Throttle Financeβ„’, Felicia and Alli unpack four major employer tax credits hidden in the One Big Beautiful Bill that every small and mid-sized business owner should understand.

We break down:

  • R&D Tax Credit – how immediate expensing of domestic research boosts cashflow.

  • Paid Family & Medical Leave (FMLA) Credit – permanent, flexible, and easier for employers to claim.

  • FICA Tip Credit – expanded beyond restaurants to include beauty, hospitality, and more tipped industries.

  • Employer Childcare Credit – raised caps and higher coverage percentages to support recruitment and retention.

These provisions aren’t just for giant corporations; race teams, restaurants, salons, and small businesses alike can take advantage of these incentives to reduce costs, retain talent, and grow sustainably.

πŸ‘‰ Tune in to learn how these credits could impact your 2025 tax planning and what steps you should take now to maximize the benefits.

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Episode 36: Meal Deduction Changes

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Episode 34 - New SALT Deduction Rules