by | Nov 26, 2018 | Income Taxes
I have yet to meet a business owner who doesn’t think they are paying more taxes than they should. But few of them have a plan to reduce their taxes! Well, it’s the end of the year, and that means this is prime season for cutting your tax bill! In fact, clients...
by | Nov 23, 2018 | Income Taxes
Many wage-earning taxpayers with children believe that their tax-planning opportunities are limited because they are not in business or don’t own rental properties. While they don’t have anywhere near as many options, there are still a number of strategies they can...
by | Nov 20, 2018 | Income Taxes
Do you have a plan for dealing with all the new taxes affecting business owners in 2018? Failing to meet with your tax advisor can result in you paying much more in taxes than legally required. I had a client who set up a business using the wrong business entity. This...
by | Nov 16, 2018 | Income Taxes
Year-end tax planning has always been one of the few guarantees a business owner will ever get. I just completed a tax plan that will reduce someone's 2018 tax bill by $64,495. And this isn’t a one-time occurrence—in the past two years, I have saved...
by | Nov 15, 2018 | Income Taxes
Our clients have been peppering me all year with questions about the new tax law that was passed in December 2017. Here are some of the most common ones I have received. Is the ObamaCare penalty for not having health insurance gone? Yes, but not until...