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Presenter outlines federal 2026 tax changes that may affect Daly City small businesses
Summary
A presenter identified as 'Mabel' gave a high‑level overview of federal tax changes — including permanent 20% QBI deductions, increased Section 179 expensing, restored 100% bonus depreciation, expanded childcare credits and lower 1099 thresholds — and urged local businesses to consult professionals for firm advice.
A presenter identified in the meeting as 'Mabel' gave Daly City Small Business Commission members a high‑level summary on April 9 of recent federal tax changes that may affect local small businesses and real‑estate investors.
Mabel prefaced her remarks by saying she was not a licensed tax consultant or attorney and that her overview was not exhaustive. She highlighted several provisions she described as consequential for small…
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