Beware: Scammers Are Impersonating Banks
Scammers impersonating banks are particularly dangerous because they play on trust. Banks are considered reliable, secure institutions. When you see a call, email, or text…
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Backdoor Roth IRA: Smart Tax Strategy or Costly Mistake?
If you’re a high-income earner looking to maximize your retirement savings, you’ve probably encountered a frustrating roadblock: the IRS’s income limits on Roth IRA contributions.…
Build Wealth Faster with the Mega Backdoor Roth
You may have already maxed out your traditional retirement savings options if you’re a high-income earner or a business owner with no employees. However, the…
Your Co-owned Business Needs a Buy-Sell Agreement
If you co-own a business, your work doesn’t stop at running operations or managing growth. You also need to protect the structure that holds your…
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…
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…