Act Now: What to Do If You Missed the Tax Filing Deadline!
Worried about the tax filing deadline? Before You Pay That IRS Penalty, Read This! Getting a penalty notice from the IRS is never fun, but…
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Transfer Assets When Buying Online Business [complete list of items]
Below, you will find a useful checklist when buying an online business – blog, eCommerce, Amazon FBA, Shopify, etc. Reach out to us for any…
Save on Taxes – Moving Residences Mid Year!
Moving to a new state mid-year can impact your taxes moving forward, affecting both state and federal filings. Understanding residency rules, deductions, and strategies to…
Luxury Trip + Online Class = Tax Deduction
Imagine flying to a five-star resort in St. Thomas, enjoying the pristine beaches, luxury accommodations, and gourmet dining—all while making your trip tax-deductible. Tax deduction…
Tax-Free Home Sale: Do You Need to Report It?
Selling your home can be a huge financial win, especially with the IRS exclusion rule. You may exclude up to $250,000 in gains if you’re…
Can Your Client List Be a Tax Deduction?
Multiple strategies can significantly impact managing your overall tax liability. Tax planning isn’t just about finding quick deductions—it’s a comprehensive approach that involves various angles,…
Cost Segregation: A Great Strategy When?
Owning residential rental or commercial investment property offers significant tax benefits, one of the most valuable being depreciation. Depreciation allows property owners to recover the…
Tax-Savvy Giving: Transform Your Generosity with Stock Donations!
Stock donations or mutual fund shares that increase in value are a highly effective way to support a cause while maximizing tax benefits. Here’s a breakdown…
Buying Investment Properties in Florida through an LLC
When acquiring investment properties in Florida, savvy investors leverage a key strategy: purchasing real estate through an LLC (Limited Liability Company). This approach offers substantial…
End-of-Year Tax Hack Revealed
Did you know you can significantly lower your tax bill this year by leveraging the prepaid rent strategy? It’s a smart move for cash-basis businesses…
Top 10 Ponzi Schemes Ever!
Ponzi schemes are infamous in finance for their ability to deceive countless victims while generating staggering losses. Named after Charles Ponzi, who executed one of…
Hire Family for Tax Savings
One of the most effective strategies for business owners is to hire their family members for tax savings. When done correctly, this is a way…