Blog
The Billion-Dollar Strategy: How FedEx and Nike Stayed Tax-Free
At least 55 of America's largest corporate giants played the tax game so well that they didn't contribute a single dollar in taxes on their massive profits from the previous year. But here's the million-dollar question: How do big Fortune 500 companies make their tax...
Simplify Paying Your Kids: Sole Proprietorship vs. S Corporation Insights
Balancing family and business is no small feat, especially when considering how best to integrate our young ones into the business landscape. When you have both a Sole Proprietorship and an S Corporation, maximizing benefits while ensuring compliance is crucial. Key...
An Open Letter to Lionel Messi Regarding His New Project
Dear Mr. Messi, Greetings! As the world celebrates your legendary soccer performance, we are equally excited to partner with you in the equally challenging world of real estate development. Your recent question regarding using non-direct costs from your project to...
How Barbie and Oppenheimer Used Tax Breaks to Rule the Box Office
Barbie and Oppenheimer are reigning champions, raking in jaw-dropping fortunes at the box office. Barbie's latest cinematic venture has soared to unprecedented heights, boasting an estimated $750 million in earnings. At the same time, Oppenheimer, not too far behind,...
Hey You! Yes, YOU! Check These 5 Reasons to Implement Tax Planning… Thank Me Later!
As a business owner, you know that taxes can be a major concern. That's why it's important to have a plan to minimize your tax liability and comply with all the tax laws. Here's why you should book a tax assessment now: Investing in Tax Advisory: A tax advisor can...
Can Trump Deduct $40 Million Legal Fees?
Are you curious about the tax implications of former President Donald Trump's reported $40 million expenditure on legal fees this year? Businesses can typically deduct legal fees as ordinary expenses, but individuals face more intricate regulations. For most...
Understanding Guardianship Accounting
We want to explain the essential practice of guardianship accounting. It's all about managing the money for people who can't do it themselves, like those who are too young or unable to care for their finances. Guardianship accounting means keeping detailed records of...
Insights for Business Owners Leasing Apartments
As a business owner leasing an apartment, you may have specific tax considerations that differ from traditional homeownership scenarios. Question 1: Could the Augusta Rule Apply to Business Owners Leasing Apartments? Answer: The Augusta Rule Explained: The Augusta...
4 Energy-Efficient Solutions and Tax Credits
As the heat wave continues to scorch, staying cool while managing energy costs is a top priority for businesses and individuals. Let's explore four cooling solutions and how to beat the heat while increasing profits: Embrace Energy-Efficient Heat Pumps: We help you...
Webinar #1: 📢Join Our Real Estate Professional Status Master Class on September 6!
Are you a tech professional or business owner ready to slash your tax bill? We invite you to our exclusive Master Class on September 6, 2023, at 10:00 a.m. PST / 1:00 p.m. EST. Discover how achieving Real Estate Professional Status can save you up to 25% on taxes....