HIVE TAX AI
Lotus Li
Lotus Li is a CPA who has transformed 20 years of professional experience into building products with a mission to simplifying everyone’s tax journey. She is passionate about bringing cutting-edge AI into the world of tax and finance and is deeply immersed in designing, building, and launching innovative AI-powered tax solutions.
Q4 2025 Tax Planning: Maximizing Section 179 Deductions Before Year-End
As the calendar moves toward the final quarter, business owners and their advisors need to sharpen their Q4 tax planning. Among the most powerful tools still under-leveraged is the Section 179 deduction, especially in light of recent legislative changes.
State-specific tax law variations and updates
Concise, practitioner-focused roundup of notable state tax changes recently enacted or taking effect, plus how to monitor and plan for continuing variation across states.
Research and development credit optimization
Regular credit: 20% of current-year QREs over the base amount. Optimizes when your fixed‑base percentage is low and current QREs are high relative to gross receipts.
Energy credit calculations and phase-out schedules
The credit equals your base 45Y amount times the “phase‑out percentage” if construction begins in a phase‑out year. IRS final rules confirm the computation and that 45Y’s “applicable year” determination also governs 48E phase‑out. 1
Agricultural tax provisions and depreciation
Depreciation is allowed for property used in farming or held for the production of income under IRC §167; most post-1986 tangible farm property uses MACRS under §168 with prescribed methods, recovery periods, and conventions.
Real estate professional tax status qualification
To be treated as a real estate professional for passive activity loss rules, you must satisfy both annual tests below with respect to real property trades or businesses in which you materially participate:
Nonprofit organization tax compliance and Form 990 requirements
Most organizations exempt under IRC §501(a) must file an annual information return under §6033 on a Form 990-series return, reporting income, receipts, disbursements, and other required information.
Hive Tax AI Planning Major Update: Full Support for All Business Types and Documents
We’re excited to announce a major update to the Hive AI Tax Planning Platform that takes tax planning to a whole new level. Our platform now supports all business types and any documents, making it one of the most versatile and powerful tax planning solutions...
Accelerate Deductible Expenses: Your Q4 Tax-Planning Power Play with Hive Tax
As Q4 approaches, CPAs and business owners can unlock immediate tax savings by accelerating deductible expenses before year-end
Employment tax compliance for gig economy workers
Classify each worker under the common-law control test. If you have the right to direct what will be done and how, the worker is an employee (this applies even to remote workers).