In this day and age we want both flexibility and convenience. We also want to be our own boss. This is why we have seen a steady rise in the numbers of self-employed individuals in the United States. Especially among young millennials who want to be in charge of their own career path. (Flower Mound Business Advisor: Tax Deductions for … Read More
Flower Mound Tax CPA: Don’t Let Your Investments Trigger an Audit
The IRS typically narrows in on filers with huge deductions relative to their income, business filers with extra or suspicious write-offs, those claiming earned income tax credit or anything unusual. While investing is not the most common trigger for an audit, it still happens. (Flower Mound Tax CPA: Don’t Let Your Investments Trigger an Audit) One of the easiest ways … Read More
Last-Minute Tax Tips From Tax Reduction Specialist
For those who wish to file by April 17, the pressure begins to build around now. Before the race gets heated here shortly, you may want to learn how last year’s tax reform changed things. You’ll be dealing with some of the biggest changes in a generation, so prepare. Besides fundamental restructuring like the elimination of exemptions, there are more … 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
Dallas CPAs On Best Ways to Preserve Wealth
Making money is only half the battle. Keeping it is the other half. Yet if you read financial sites, far more than 50 percent of the articles are about ways to generate income. Saving money doesn’t make for great headlines, but it’s vital to your long-term success. With that in mind, let’s discuss a few important ways that can help … 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
DFW Real Estate CPA: Starting Out With Your First Investment?
Real estate is a tricky business with a lot of ins and outs that can be hard to understand. Getting informed is the key. Looking for some advice before setting out on your first deal or even after establishing yourself as reputable agent? Consider this advice if you’re in the market for your first property investment. 1. Don’t Speculate All … Read More
Dallas Real Estate Tax Experts: Self-Made Millionaire Realtor On Her Success
How did Dottie Herman become the richest self-made woman in the U.S. real estate industry? As CEO of Douglas Elliman, she steers the sails of one of the nation’s oldest and largest real estate brokerage firms with approximately $27.4 billion in annual sales volume and a whopping 7,000 real estate agents. From her hard-nosed background as a real estate broker on Long Island, … Read More
Flower Mound Tax Help: Must Read Books For Realtors
If you search real estate books on Amazon there are nearly 70,000 results, with more being published each day. Some of which are probably great resources. Others, however, are either vanity projects or written to sell you coaching services. To help navigate this barrage of real estate books, here’s a list of must-reads for brand new agents. Veterans could benefit … Read More