Taxes

The economic stakes of America’s data center backlash are no longer theoretical. An October 2026 analysis by Heatmap Pro estimated that at least $260 billion in planned data center investment was canceled in 2026 after sustained local opposition. The research also found roughly $1 trillion in proposed investment facing some form of sustained or meaningful local opposition, with about $130 billion of the cancellations coming in the third quarter alone. Heatmap built the figures from a continuing survey of public officials, regulatory filings and local media, and says they are likely an undercount because only about 60% of projects disclose their planned investment.

Modern CEOs treat tax planning as more than a once-a-year compliance task. They use advanced tax planning to improve profitability, strengthen cash flow, reduce risk and support long-term growth. The best tax planning services combine proactive strategy, tax mitigation, state and IRS defense, and business growth planning — areas where firms like Polston Tax Resolution & Accounting have built a strong reputation among business owners.

For CEOs focused on scaling operations, preserving capital and protecting enterprise value, tax strategy has become a core part of business leadership.

Many small business owners may focus on common deductions, such as office supplies or equipment. However, several overlooked expenses may also qualify for deductions. Understanding these lesser-known deductions can help reduce taxable income and improve your financial outcomes.

1. Continuing Education and Development

Learning new skills is often a necessary business investment that qualifies you for tax deductions. You can often deduct education expenses if they help you maintain or improve skills related to your current business.