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Bookkeeping Tasks to Prep for Tax Season

Bookkeeping Tasks to Prep for Tax Season

Tax season is around the corner, and whether you're a small business owner or a freelancer, proper preparation is the key to minimizing stress and maximizing savings. ...more

Tax

November 22, 20243 min read

Health Savings Account

Health Savings Account

Today I’m going to be talking about health savings accounts. These are by far one of my favorite types of tax savings tools and if you’re eligible for which we’ll go over in a moment, how to become el... ...more

Tax ,Money &Savings

August 05, 20233 min read

How to use Passive Income Generators (PIGs) to offset Passive Losses

How to use Passive Income Generators (PIGs) to offset Passive Losses

Taxpayers with high ordinary incomes are highly taxed. If you’re a high-net-worth earner, you’ve likely diverted some of your income into investments. The most common investment type for those in this... ...more

Tax ,Real Estate

August 05, 20236 min read

Real Estate Professional Status: A Tax Shelter for YOU

Real Estate Professional Status: A Tax Shelter for YOU

As a business owner, obtaining real estate professional status (REP) is an invaluable strategy that can provide you with tax benefits now and in the future. With this designation, you can offset a por... ...more

Tax ,Real Estate

August 05, 20238 min read

Why real estate can help lower your tax bill

Why real estate can help lower your tax bill

Too many people rely purely on W-2 income, and the harder you work and the more clients you take on, the higher your taxes end up being. For busy professionals, real estate investing can be a low-main... ...more

Tax ,Real Estate

August 05, 20236 min read

Inflation and Its Effects on Your Taxes

Inflation and Its Effects on Your Taxes

Taxes are a fact of life, but few people take the time to understand how economic conditions can affect what they owe. Inflation is one of those economic factors that can have a surprising impact on y... ...more

Tax ,Money

August 02, 20238 min read

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