New tax legislation is here, and it affects not just businesses but also families, employees, and retirees.
With changes to deductions, retirement contributions, and estate planning thresholds, preparation is more important than ever.
In this episode, Tom Fleishel talks with Mike Sibley, CPA, Partner at James Moore & Co., and host of the More on Manufacturing podcast. Mike explains the “One Big Beautiful Bill Act” and its implications for tax brackets, bonus depreciation, Social Security planning, and estate strategies.
He also shares why working with a coordinated team of advisors is crucial to making the most of these updates.
Key takeaways:
● How the “One Big Beautiful Bill Act” preserves tax brackets, eliminates tax on tips and overtime, and adds deductions for seniors
● What business owners should consider with permanent 100% bonus depreciation and Section 179 planning
● The impact of new SALT deduction caps, mortgage interest rules, and updated thresholds for itemizing
● Opportunities for estate and gift planning with increased lifetime exclusions and trust strategies
● Why coordinating with CPAs, attorneys, and financial advisors creates stronger retirement and tax outcomes
● And more!
Resources:
● Schedule A Call with the Fleishel Financial Team
● More on Manufacturing podcast
Connect with Tom Fleishel:
● (386) 738-1800
● fleishelfinancial@raymondjames.com
● LinkedIn: Thomas Fleishel
● Fleishel Financial Associates
Connect with Mike Sibley:
● 386-257-4100
● LinkedIn: Mike Sibley
● Website: James Moore & Co.
● Email: mike.sibley@jmco.com
About Mike Sibley:
Mike Sibley, CPA, is a partner and board member at James Moore with more than 25 years of experience helping businesses strengthen their financial performance and operational efficiency. As the leader of the firm’s Manufacturing Services Team, Mike works closely with owners and executives to deliver the strategic guidance they need to grow and adapt in a competitive marketplace. He specializes in providing fractional CFO services and trusted financial leadership for companies looking for deep expertise in developing strategic financial plans that drive long-term value.
His background as a Lean Six Sigma Black Belt allows Mike to bring a unique blend of financial expertise and operational excellence to every engagement, helping companies streamline processes, identify cost savings, and align their operations with their growth goals.
An active leader in the community, Mike is a Board Member of the Daytona Regional Chamber of Commerce and the Volusia Manufacturers Association. He also shares insights through James Moore’s Moore on Manufacturing podcast series, helping manufacturers navigate changing market conditions.