Summer is often synonymous with vacations, relaxation, and enjoying the great outdoors. However, it’s also an excellent time to get a head start on your tax planning. By taking some proactive steps now, you can reduce your stress come tax season and potentially save money. Here are some key tax tips to consider during the summer. (Tax Planning CPA: Tax … Read More
Saving on Taxes After Tax Day: A Guide For Business Owners
For business owners, Tax Day isn’t just a deadline. Quite the opposite, it’s an opportunity to reflect on financial health and plan for the future. That said, now that Tax Day has passed, let’s shift gears and focus on saving money/maximizing profits for the rest of the year. (Saving on Taxes After Tax Day: A Guide For Business Owners) Whether … Read More
Maximize Your Savings: Last-Minute Tax Tips for Business Owners
As the tax season draws near, we are scrambling to optimize financial strategies to minimize tax liabilities and maximize savings. In this blog post, we’ll explore some last-minute tax-saving tips tailored specifically for business owners. This will help you keep more of your hard-earned money in your pocket. (Maximize Your Savings: Last-Minute Tax Tips for Business Owners) 10 Things to … Read More
Top 10 Strategies for Smart Tax Planning: Save Money When Filing 2023 Taxes
Are you ready to optimize your tax planning for 2023 and maximize your savings? In this comprehensive guide, we’ll unveil 10 savvy strategies endorsed by CPAs and accountants to help you save money when filing your taxes. From smart deductions to proactive planning, empower yourself with the knowledge to navigate tax season efficiently and effectively. (Top 10 Strategies for Smart … Read More
Tax Planning for Realtors: Texas Real Estate Lawsuit
Tax Planning for Realtors: Texas Real Estate Lawsuit: Texas real estate associations and a group of home brokers face new claims that they artificially inflated sales commissions in the state. Moreover, this opens another front in litigation over real estate commissions after a $1.8 billion verdict against the residential brokerage industry last month. Two home sellers in Texas, QJ Team … Read More
Dallas Texas CPAs: Make Your Money Last In Retirement, Part 2
Things will get more expensive as you age. Inflation will erode your buying power, putting pressure on your spending. Having a plan for inflation will help you not run out of money in retirement. (Dallas Texas CPAs: Make Your Money Last In Retirement, Part 2) 1. Make Healthier Choices Being sick is miserable and expensive. Many chronic health conditions are … Read More
DFW Tax Advisors: Rest of the Year Tax Tips
If there’s one thing we can generally agree on, it’s that taxes are a major pain. Nobody likes dealing with them, and nobody enjoys filing them. But if you follow these tips, you may find that you not only pay the IRS less money, but will also have an easier time preparing your next return. (DFW Tax Advisors: Rest of … Read More
Flower Mound CPA: Real Estate Professional Tax Tips
Whether you’re preparing your taxes on your own as real estate professional or having a tax strategist CPA help you, here are some tips: Don’t forget your mileage. Many real estate agents leave money on the table when it comes to their mileage. Depending on where you work on a regular basis, the tax deduction may include attending meetings, putting … Read More
DFW Tax Strategy: How Small Businesses Can Hold Onto Money
Most small biz owners don’t have backgrounds in finance. However, that doesn’t mean they can afford to avoid the administrative tasks that come with running a company. We face massive variation in the cost of goods and services. A $100 million agency that sends $90 million out the door on projects can’t afford to pay $15 million in salaries. Rent, … Read More
Real Estate CPA: How Investing Can Help Save You Taxes
The Tax Cuts and Jobs Act has changed our finances and the profitability of investments. Much of the press coverage around the new rules has been on its drawbacks. However, some positive financial opportunities exist for those who educate themselves and act on new breaks. The new tax law both protects some crucial breaks and provides new ones. Some of … Read More