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982 episodes

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Where Can I Put My Money?

Investments & capital gains

You know, a lot of times especially nowadays, it seems like people are looking at all kinds of ways, "Where can I put my money?" So we've got…

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What Are Itemized Tax Deductions?

Deductions & credits

I need to try to understand why so many people walk into my office and they seem to be upset because they are not itemizing. Now, let's regroup…

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Pre-Paid Taxes and Additional Withholdings

Bookkeeping & payroll

You're off the hook for fines if you pre-pay taxes or have additional withholdings, at least 90% of what your 2021 tax bill was, or 100% of what…

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This Is What A Tax Expert Does

Retirement & Social Security

I am a tax expert. I'm an enrolled agent. So when people come in and ask me, "Should I have an IRA or should I have a Roth?…

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Let’s Talk About Crypto

Investments & capital gains

Let's talk about crypto, staking ,mining, holding, loaning. There are so many different ways that you can actually make money with crypto and also lose money with crypto…

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Tax Deadline Is March 15th

Deadlines & filing

For all of you that have 1065, 1120, 1120 S's. Remember, tax deadline is March 15. That is coming up very, very fast. And if you don't already…

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Retirement and The Qualified Charitable Deduction

Deductions & credits

And one of the greatest tax breaks as far as I'm concerned for individuals in retirement is the Qualified Charitable Deduction. The IRS is already basically mandating that…

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Annual Amount Excludable for Gift Tax

Estate, gifts & inheritance

They did not change the annual amount excludable for gift tax. So again, $15,000 per person. So if you are an individual that wants to try to help…

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More People Are Paying More Money This Year

Deductions & credits

We are finding more people are paying more money this year. Part of it is because of multiple jobs. If you start a new job after you've already…

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