Yes, it’s hard to believe that those year end tax statements will be coming in the mail soon. Luckily, 2020 is behind us and we are looking forward to a much brighter 2021!
Stimulus Check
If you received a “Stimulus … Read More
11
Jan, 2021
11
Jan, 2021
Rent your House (that you live in) for TAX FREE PROFIT
Do you like golf?
Well you’re about to.
Why?
Because it can save you quite a few shekels on taxes… Have you ever heard of Augusta?
Yep.
The most prestigious golf tournament of the year. Well they created a strange … Read More
6
Jan, 2021
Don’t File Your Tax Return on April 15th
April 15th. The most notorious tax deadline, right?
Well…
There’s more to the story.
And while yes, you should extend if you’re not going to file. If you’re working with a tax preparer…
You may want to hold off … Read More
28
Dec, 2020
PPP Round 2 is Here!
10
Dec, 2020
The 2nd Best Legal Entity (after Tax Cuts and Jobs Acts)
It’s so sad.
70% of small businesses in the US haven’t even incorporated. And let’s be honest.
It’s not like the other 30% have been properly incorporated.
And for years and years (and still today), you hear people talk about … Read More
10
Dec, 2020
A Plan to Break Out of Debt
The average credit card balance for an American household as of this month was $5,897, which is (remarkably) DOWN from years past. Also interesting: personal bankruptcies are NOT yet rising, compared to years past.
But unemployment is still VERY high,
… Read More 8
Dec, 2020
Three Secrets of Tax Planning
Come in close.
You can’t tell anyone.
This is just going to be between us.
The first secret most people don’t realize.
Secret #1: You don’t have to be a multimillionaire to benefit from tax planning.
In fact, I’ve seen … Read More
4
Dec, 2020
PPP Loan Deductibility
There’s both good news (for some) and bad news (for many) as we round the corner into December.
And I’m not talking about our culture, or politics, or sports, or anything like that.
I’m talking about TAXES.
I’ll start with … Read More
20
Nov, 2020
Audit-Proofing your Tax Returns
The IRS has apparently caught up on processing their backlogged mail that stacked up during COVID closures. Or, well enough, they say.
That means that they are now resuming the mailings of tax-due notices to taxpayers with outstanding tax bills. … Read More
13
Oct, 2020
