How Trump Winning the Election Will Affect Family-Owned Businesses

Picture this: it’s the day after the election, the coffee’s brewing, and your social media feed is a mashup of memes, opinions, and a few posts from your uncle about "draining the swamp." Meanwhile, you’re over here just trying to figure out how all this impacts your family business. Relax—we’ve got the tea. Spoiler alert: it’s less about politics and more about profits.

Clear Skies Ahead for Business Decisions

If there’s one thing the markets love, it’s certainty. Trump’s win, paired with a Republican-controlled House and Senate, promises fewer legislative roadblocks and more smooth sailing. For family-owned businesses, this means fewer sudden tax surprises and the chance to plan for long-term growth without constantly looking over your shoulder. Uncle Sam can wait; you’ve got enough on your plate managing inventory and keeping your kids from turning the office copier into a toy.

Qualified Business Deduction: Your Secret Weapon

Most small business owners don’t realize they’re quietly benefiting from the qualified business deduction, which lets you slice 20% off your taxable income. It was set to expire in 2025, but the odds of an extension just got a lot better. Translation? More money in your pocket to reinvest into your business or maybe even splurge on that family vacation you’ve been promising.

Less Gridlock, More Action

With Republicans holding the reins, expect fewer delays in Washington. This could mean faster decision-making and a clearer path for changes that benefit small businesses. Instead of getting bogged down in political back-and-forth, you can focus on what really matters: growing your business, satisfying your customers, and maybe sneaking in a golf game or two.

What This Means for Family-Owned Businesses

Let’s be real: running a family business isn’t just about the bottom line. It’s about creating a legacy, building a strong community presence, and providing for your loved ones. Trump’s win could mean tax breaks and fewer regulatory headaches, giving you the chance to focus on what matters most—spending time with family and growing your brand.

Partner with Pros to Keep the Headaches Away

Here’s the deal: you didn’t start your business because you love crunching numbers or navigating tax laws. That’s where Calculated Moves comes in. We’re here to:

  • Take the headache out of accounting and avoid costly mistakes.
  • Help you plan strategically so you can be ready for what’s next.
  • Free up your time so you can focus on doing what you love.

Life’s too short to be bogged down by bookkeeping and tax filings. Let us chart the course so you can enjoy the ride.

What’s Next?

As 2025 approaches, family businesses are uniquely positioned to thrive in this new political landscape. With smart planning and a dynamic partner like Calculated Moves, you can turn potential roadblocks into opportunities. The future looks bright—and we’re here to help you make the most of it.

So, grab that second cup of coffee, take a deep breath, and let’s get to work turning today’s political changes into tomorrow’s business successes.

Connect with us!

Please follow us on Facebook and Instagram. Please make sure to check out our blog and our website link below. Subscribe to our YouTube channel and hit the bell to be notified when we post. Email me at donna@calculatedmoves.com.

Donna Bordeaux, CPA with Calculated Moves

Creativity and CPAs don’t generally go together. Most people think of CPAs as nerdy accountants who can’t talk with people. Well, it’s time to break that stereotype. Lively, friendly, and knowledgeable can be a part of your relationship with your CPA, as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. They’ve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.