Tax Free Living

Many states in America such as California have extremely high income taxes. However, this doesn't mean that every state has income taxes. In fact, there are some states in America that don't have income taxes at all. In this video, tax expert Karlton Dennis explains which states in America do not have any income taxes. Every year, many people move to these states in order to take advantage of the lack of state income taxes. Karlton also explains some interesting facts about these states and how some of them got their tax policies. Some of the states that are included in this video are Florida, Alaska, and South Dakota. But, there are many more. This video is ideal for anyone who wants to learn which states do not have state income taxes. However, it is important to note that just because a state does not have income taxes doesn't mean that it does not levy taxes at all. There are other forms of taxation such as property taxes that these states impose to generate revenue. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #Stateswithnoincometax #Notaxstates #incometaxes #taxes #KarltonDennis #Statetaxes #incometax

For many years, 529 plans have been one of the best ways to save for education expenses such as college tuition or books and school supplies. However, up until recently, people who wanted to spend money from their 529 accounts on anything besides qualified education expenses were forced to pay additional taxes and penalties on the money that they withdrew. But, starting in 2024, a massive rule change is going into effect for 529 plans. This change will allow people to roll over leftover funds from their 529 plans into a Roth IRA account that they can use to save for retirement in a tax-advantaged way. In this video, tax expert Karlton Dennis breaks down everything you need to know about this historic change to 529 plans. This new rule change for 529 plans is so significant that it could dramatically impact the way that people save for both education and retirement. If you want to save for either of these things, then this is a great video for you to watch. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

Over the last two years, there have been some major changes to 401(k) retirement plans. Tens of millions of Americans have these plans and so these changes are going to impact a significant portion of the population of the United States. If you have a 401(k) plan, then you need to be aware of all of the key changes that are happening to these plans. In this video, tax expert Karlton Dennis explains all of the most important changes to 401(k) plans that will be going into effect in 2024. Many of these changes were created through the Secure 2.0 Act. He also explains what this act is and why it came to be. Some of the changes that are going into effect for 401(k) plans involve contribution limits, penalty-free early withdrawals, required minimum distributions (RMDs), student loan payments, and more. This video is a must-watch for anyone who wants to learn more about 401(k) changes, and who doesn't want to be caught unaware of the new rules *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

The IRS announced that it will start requiring payment app companies to issue Form 1099-K to everyone who receives $600 in income through their payment apps starting in tax year 2025. For 2024, the income threshold to receive Form 1099-K is $5,000. The IRS will receive copies of all 1099-K forms that are issued by payment app companies. A lot of business owners use Cash App and Venmo for payments. Unfortunately, there are some significant risks associated with this practice that many business owners are not aware of. In this video, tax expert Karlton Dennis discusses all of the risks associated with using payment apps like Cash App and Venmo to send and receive business payments. Considering the fact that making and receiving payments is such a crucial aspect of many businesses, it is imperative for business owners to fully understand how to prevent accidentally commingling personal and business funds with apps like Cash App and Venmo. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

2024 is an election year in America and many politicians have been talking about the retirement age. Currently, the full retirement age in the United States is either 66 or 67, depending on the year you were born. However, politicians like Nikki Haley think that this age should be increased. In this video, tax expert Karlton Dennis discusses the changes to the retirement age that key politicians have been proposing. He also breaks down how this could impact you and what you should do to prepare for such changes in order to make sure that your retirement savings are optimized. Considering the fact that retirement age is an issue that affects the vast majority of the population, this is a video that is relevant for almost everyone. At this time, it is not clear whether or not the retirement age will actually be changed, but it is better to be prepared ahead of time, in case it does get changed. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

Congress just announced a brand-new $78 billion bipartisan tax deal. This tax deal includes major tax changes that would impact individuals, families, and businesses. It has not yet become law. However, it could be passed in Congress in early 2024. In this video, tax expert Karlton Dennis breaks down all of the most important changes included in the new tax deal. This deal includes changes to bonus depreciation, the child tax credit, research and development deductions, the low-income housing tax credit, double taxation with Taiwan, disaster-related tax relief, and more. The fact that this tax deal is bipartisan could increase the odds that it will be passed. The politicians who are leading this proposal want it to be passed quickly so that American taxpayers can benefit from it this tax season. Watch the full video to learn about all of the most important changes that this deal will create. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

The IRS announced that it will start requiring payment app companies to issue Form 1099-K to everyone who receives $600 in income through their payment apps starting in tax year 2025. For 2024, the income threshold to receive Form 1099-K is $5,000. The IRS will receive copies of all 1099-K forms that are issued by payment app companies. A lot of business owners use Zelle and Venmo for payments. Unfortunately, there are some significant risks associated with this practice that many business owners are not aware of. In this video, tax expert Karlton Dennis discusses all of the risks associated with using payment apps like Zelle and Venmo to send and receive business payments. Considering the fact that making and receiving payments is such a crucial aspect of many businesses, it is imperative for business owners to fully understand how to prevent accidentally commingling personal and business funds with apps like Zelle and Venmo. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

Do you need to shut down your LLC? Then it is EXTREMELY IMPORTANT that you close it down the right way. Otherwise, you could be forced to deal with giant fees, lawsuits, AUDITS, and a wide variety of other serious consequences. In this video, tax expert Karlton Dennis goes over every single question you might have that pertains to safely shutting down your business. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

Taking the Next Step: Download the Short-Term Rental Rule E-Book! ▶ https://ebook.taxalchemy.com Book a Professional Tax Strategy Consultation ▶ https://karladennis.com/youtubeconsult Watch this FREE Webinar on how to Use Real Estate To Offset W2/1099 Taxes ▶ https://taxreduction.link/taxsaver Get Help Setting up Your LLC, Now ▶ https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink&afftrack Digital residency is a trend that is growing steadily in popularity. In this video, tax expert Karlton Dennis explains what digital residency is, how it works, which countries are offering it, and what the main benefits of it are. Digital residency is also referred to as “e-residency.” It is the process in which nations allow citizens of other countries to get an official “digital residence” in their country. Digital residency programs vary significantly from country to country. This video focuses primarily on the digital residency program offered by the nation of Estonia. Estonia was the first country to offer digital residency and it currently has over 100,000 e-residents. Digital residents of Estonia get access to a wide variety of benefits including being able to set up an Estonian company remotely, access to the high-quality Estonian digital infrastructure, and more. If you want to learn more about digital residency, this is the video for you. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #DigitalResidency #E-Residency #eResidency #EstoniaDigitalResidency #OnlineBusiness #KarltonDennis #DigitalResidence

Taking the Next Step: Download my new book! The Short Term Rental Rule: https://ebook.taxalchemy.com Book a Professional Tax Strategy Consultation ▶ https://karladennis.com/youtubeconsult Get Help Setting up Your LLC, Now ▶ https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink&afftrack Getting audited by the IRS can be extremely stressful, tedious, and difficult. People who are audited by the IRS have to go through a process of proving that their tax returns are accurate. If the audit reveals that their tax returns are not accurate, then the people who were audited can end up owing large fines and penalties in addition to any missing taxes. In this video, tax expert Karlton Dennis explains the odds that people making under $300,000 per year in America have of being audited by the IRS. Most Americans have annual incomes under this amount. So, this video will apply to the vast majority of the American tax base. At the end of this video, Karlton also explains how to dramatically reduce the chances of being audited. So, this video is also beneficial for people who want to know what they can do to reduce their IRS audit risk. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #Audit #TaxExpert #KarltonDennis #IRSAudit #AuditRisk #LLC #Taxes

Download the Short-Term Rental Rule E-Book! ▶ https://ebook.taxalchemy.com Book a Professional Tax Strategy Consultation ▶ https://karladennis.com/youtubeconsult Watch this FREE Webinar on how to Use Real Estate To Offset W2/1099 Taxes ▶ https://taxreduction.link/taxsaver Get Help Setting up Your LLC, Now ▶ https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink&afftrack Backdoor Roth IRAs are a great retirement planning option for high earners. Many people with high incomes are unable to contribute directly to Roth IRAs due to the income limits that the IRS imposes. However, people who have incomes that are above the limits can use a backdoor Roth conversion to make contributions to Roth IRAs. There are many different ways to make a backdoor Roth conversion. In this video, I explain everything you need to know about backdoor Roth IRAs and backdoor Roth conversions. So, if you have been thinking about diversifying your retirement planning strategy, or if you simply want to understand what backdoor Roth IRAs are and how they work, this is the perfect video for you. *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #BackdoorRothConversion #BackdoorRoth #BackdoorRothIRA #RothIRA #KarltonDennis #IndividualRetirementAccount #Retirement

Hunter Biden, son of President Joe Biden, was indicted on 9 criminal tax charges in December, 2023. If he is convicted, he could be facing up to 17 years in prison. He was indicted by a federal grand jury in the state of California. In addition to the 9 criminal tax charges, the son of the president is also facing criminal charges for gun violations in the state of Delaware. A plea deal that involved both his tax charges and his gun violation charges fell through earlier in 2023. Now, Mr. Biden is set to face two criminal trials that will most likely take place in 2024. In this video, tax expert, Karlton Dennis explains the details of the tax crimes that Hunter Biden is accused of. He provides key insights into these charges which include tax evasion and failure to file taxes. This video provides all of the important details surrounding the new Hunter Biden indictment. Taking the Next Step: Download my new book! The Short Term Rental Rule: https://ebook.taxalchemy.com Book a Professional Tax Strategy Consultation ▶ https://karladennis.com/youtubeconsult Watch this FREE Webinar on how to Use Real Estate To Offset W2/1099 Taxes ▶ https://taxreduction.link/taxsaver *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

Although many tax-saving strategies are geared towards business owners, it is still possible for W-2 employees to implement a variety of techniques to save a substantial amount of money in taxes. In this video, tax expert Karlton Dennis breaks down five of the best ways to reduce taxes on W-2 and active income. He covers real estate investing-based strategies such as qualifying for real estate professional status and using the short-term rental rule. The short-term rental rule involves renting property for 7 days or less as opposed to renting it out for a longer period. Additionally, Karlton also explains how charitable donations and certain tax-advantaged retirement accounts such as traditional 401ks can be used to lower a tax bill. This video is helpful for anyone who works a W-2 job but wants to lower their taxes. Taking the Next Step: Download my new book! The Short Term Rental Rule: https://ebook.taxalchemy.com Book a Professional Tax Strategy Consultation ▶ https://karladennis.com/youtubeconsult *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

Tesla, Inc. has long been known for its highly innovative electric vehicle designs. However, it appears that the company is on the brink of taking electric vehicle technology one step further. The company has been speaking about creating “robotaxis” for several years now. A robotaxi is a self-driving vehicle that is capable of picking up and dropping off customers without the need for a human driver. Apparently, the car manufacturer plans to integrate robotaxi technology into some of its new vehicle models. In this video, tax expert Karlton Dennis explains everything you need to know about this latest development from Tesla, Inc. If Tesla does end up launching robotaxis in the near future, then there will be extremely significant tax and business implications for those who plan to use their Tesla vehicle as a robotaxi. These tax and business implications are discussed in this video as well. Taking the Next Step: Download the Short Term Rental Rule E-Book! https://ebook.taxalchemy.com Book a Professional Tax Strategy Consultation ▶ https://karladennis.com/youtubeconsult Watch this FREE Webinar on how to Use Real Estate To Offset W2/1099 Taxes: https://taxreduction.link/taxsaver *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #TeslaRobotaxi #Robotaxi @KarltonDennis #ElectricVehicle #AutonomousVehicle

Owning your own home is what nearly every American citizen strives for, but high property taxes can not only lower your housing options, it can affect your wealth if you decide to go through with it! In this video, tax expert Karlton Dennis highlights the top five states with the highest property taxes and discuss the pros and cons of living in each one. Make sure to watch until the end to learn exactly how to avoid unnecessary property tax expenses! Timecodes: 0:00 Overview 0:47 State #5 2:28 State #4 3:52 State #3 5:24 State #2 6:42 The Number One State 8:27 Summary Taking the Next Step: Download the Short Term Rental Rule E-Book! https://ebook.taxalchemy.com Book a Professional Tax Strategy Consultation ▶ https://karladennis.com/youtubeconsult Watch this FREE Webinar on how to Use Real Estate To Offset W2/1099 Taxes: https://taxreduction.link/taxsaver Get Help Setting up Your LLC, Now https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink=&afftrack= #PropertyTaxes #RealEstate #TaxExpert *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you. #taxes #taxfreeliving #taxexpert #taxreduction #llc

Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com In today's special video, tax expert Karlton Dennis lays out 5 key habits that he adopted to put behind a broke past and embracing the future of a millionaire. Taking the Next Step:

Discover Top Secret Strategies To Paying Less In Taxes With Our 5 Day Tax-Free Wealth Challenge! October 30 - November 3 2023! Click The Link below for more info https://www.thetaxfreewealthchallenge.com/join-thechallenge Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com Taking the Next Step:

Schedule a FREE 45 min video chat with a financial professional, CFP, or hybrid advisor at a time and date that works best for you! Click the link below for more info: https://moneypickle.com/karltondennis Discover Top Secret Strategies To Paying Less In Taxes With Our 5 Day Tax-Free Wealth Challenge! October 30 - November 3 2023! Click The Link below for more info https://www.thetaxfreewealthchallenge.com/join-thechallenge Well over half the US population owns stocks in one way or another, but most have very little idea on how taxes come into play when buying and trading. Tax Expert Karlton Dennis is here today to fully breakdown the essential knowledge you must have on stocks, even if you're a complete beginner!! Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com Taking the Next Step:

Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com Grow Your Tax and Accounting Business With Our 5 Day Tax-Free Wealth Challenge! October 30 - November 3 2023! Click The Link below for more info https://www.thetaxfreewealthchallenge.com/join-thechallenge Simple life skills can have immense effects on your psyche. They can lead you on to a natural path of goodwill, wealth, and life-fulfillment. Karlton Dennis is around big numbers all day long, he understands the real troubles that come with the working man's life. In this video, he presents 5 traits he's realized put him on the path to lead his life genuinely fulfilled. Taking the Next Step:

Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge Today on Taxes Made Simple, tax expert Karlton Dennis goes over 5 key indicators that will tell you if your shiny new s-corp is a red flag for the IRS! You might be surprised at how easy it is to end up in this situation, even if you think you've done everything correct up to this point! Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more infohttps://taxgrowthchallenge.com/join-the-challenge Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com As a man, you have obligations to fulfill in this world, especially when it comes to providing and protecting your family. That's much easier said than done in this day and age, particularly with so many personalities telling you how a man should be living his life. Karlton Dennis noticed so many of these people get the wrong idea about what it takes to be a man in today's world, with too many focusing exclusively on image. In today's video, Karlton goes over traits and the science behind them that will make you a overall better and more productive man.... Taking the Next Step:

Learn the rich's tax secrets with my new book! Click the link belowhttps://ebook.taxalchemy.comGrow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more infohttps://taxgrowthchallenge.com/join-the-challenge Having children can be one of the most rewarding experiences in humanity, but let's be honest, starting a family can get expensive fast! Thankfully the US government has updated its child tax credit laws for 2023! Tax expert Karlton Dennis explains how you can get the absolute most out of this credit on today's Taxes Made Simple Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more infohttps://taxgrowthchallenge.com/join-the-challenge Thinking of starting a new business? The business structure you choose is integral to not only its success, but also how much you'll be paying in taxes down the road. Choosing the wrong structure can result in you losing out or having to pay way more than necessary, which is why tax expert Karlton Dennis is here today, to relieve you of the research needed! Taking the Next Step:

This video is sponsored by D&B Click here for more info: https://dandb.7eer.net/c/1194115/1809623/2075 Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge On today's episode of Taxes Made Simple, Karlton dives into how you can increase your credit worthiness when you decide to apply for business credit. Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more infohttps://taxgrowthchallenge.com/join-the-challenge You hear all the time how the rich don't pay their taxes and live their lives in luxury while the average Joe shells out most of his income to the IRS. What if I told you that you, yes....YOU, are capable of avoiding taxes completely, 100% legally just as the rich do? Anyone can accomplish this, but you need to know what you're doing, otherwise you might end up behind bars! Luckily, tax expert Karlton Dennis is here to fully explain the process! Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge What does the tax status of your LLC look like? If you're not aware of how to properly save for taxes for you new business, this is the video for you! EA Karlton Dennis goes over the exact budget you need to keep in mind on today's Taxes Made Simple! Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge Choosing the WRONG name for your LLC can not only deter your business, but could even potentially put yourself in the middle of a hot lawsuit with a trademarked company of the same name! This video will fully teach you how to name your LLC that will promote economic growth and keep you out of trouble! Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge It has never been more competitive in the modern age to make lasting wealth that STAYS with you! It's so easy to lose everything you worked so hard to get, which is why adopting some of these principles with your cash is so important. Find out which are best for you on today's Taxes Made Simple! Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! September 11 - 15 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge Everyone should know at this point the importance of the LLC as a business structure, but if you have a PARTNERSHIP LLC, you might be walking right into disaster without even knowing it. What can be done if you find yourself wanting change for your business? Tax Expert Karlton Dennis answers this and more on today's Taxes Made Simple! Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! September 11 - 15 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge If you're a business owner,listen up! The United States government have been making significant changes to their anti-money laundering laws. The Corporate Transparency Act will drastically affect reporting requirements for businesses of any size. How will this change your company? Tax expert Karlton Dennis explains everything you need to know on today's episode of Taxes Made Simple! Taking the Next Step:

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! September 11 - 15 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge It's no secret that taxes in California are INSANE compared to the rest of the nation. Thankfully, a new bill recently passed called Assembly Bill No. 150 (AB 150) has allowed for an amazing TAX LOOPHOLE that could greatly benefit the population of not only California, but even other states! How is any of this possible? Find out with host Karlton Dennis on today's Taxes Made Simple! Taking the Next Step:

Certified Enrolled Agent Karlton Dennis has seen everything in the game, using his knowledge to take advantage of his tax-return every year to write-off some quite luxurious items. The thing is, ANYBODY can do this! How? Find out on today's Taxes Made Simple! Taking the Next Step:

JOIN THE TAX-FREE WEALTH CHALLENGE AUGUST 1ST - 5TH 2023! https://www.thetaxfreewealthchallenge.com/join-thechallenge If you own a trust, you know that laying low is the best option, but how do you go about it to avoid those unnecessary creditors? Find out in this detailed episode of Taxes Made Simple Taking the Next Step:

JOIN THE TAX-FREE WEALTH CHALLENGE AUGUST 1ST - 5TH 2023! https://www.thetaxfreewealthchallenge.com/join-thechallenge We're halfway through the year, and that means it's time for a refresher on what you're overlooking in write-off potentials for this year! Taking the Next Step:

JOIN THE TAX-FREE WEALTH CHALLENGE AUGUST 1ST - 5TH 2023! https://www.thetaxfreewealthchallenge.com/join-thechallenge Karlton continues his pro explanation on how to use real estate to our advantage to significantly reduce taxes across the spectrum! Including: depreciation, passive activity loss rules, & material participation! Taking the Next Step:

JOIN THE TAX-FREE WEALTH CHALLENGE AUGUST 1ST - 5TH 2023! Karlton goes all out on how to use real estate to our advantage to significantly reduce taxes across the spectrum, including how to create a real estate loss, short term rules, and how to MAXIMIZE savings! Taking the Next Step:

Are you making the right decision to switch to the s-corporation business model? There are numerous businesses that have ruined themselves by registering as the wrong entity. On today's Taxes Made Simple, we'll be going over if your business is right for this, and the consequences if it isn't! Taking the Next Step:

A comprehensive talk on what tax planning is and how it can be implemented into your business. Taking the Next Step:

On today's Taxes Made Simple, we delve into the most requested and important topic that every taxpayer should be aware of: strategies that average to wealthy earners can utilize to pay as little taxes as possible! Taking the Next Step:

Thinking about buying a new car this year? You might want to think again. A very appealing tax loophole for leasing electric vehicles might save you significantly on your taxes for the year! Karlton Dennis explains this in full-detail on today's Tax Update! HOW TO WORK WITH ME

You hear it all the time, nearly every single day: Tax the rich! Feed the poor! But what most people don't do is delve into the specifics of that statement. What does it actually mean to tax the rich? and what are the NEGATIVES to such? Karlton Dennis explains it all on today's Taxes Made Simple HOW TO WORK WITH ME

The IRS has a new boss in charge and he claims the service will be offering tax filing at a much faster and easier rate than its ever been. Karlton Dennis outlines all the details surrounding this potentially revolutionary step-forward in filing on today's essential Tax Update! HOW TO WORK WITH ME

A long list of celebrities look to be in some series money trouble if these SEC reports are true as expected! HOW TO WORK WITH ME

If you're getting into the rental property game, the smart idea is to put all these places under a corporation....right? Karlton Dennis has some better advice from years of work with property owners. HOW TO WORK WITH ME

So you finally decided to take the leap and convert your business into an S-corporation! Now what?? Karlton Dennis has seen it all, and with that he's here to give you the utmost basics of what you need to do with you newly christened s-corp on today's Taxes Made Simple! HOW TO WORK WITH ME

It can be troubling in this day and age to keep up living in countries like the US and UK that put enormous strains on their populations through income tax laws. Karlton Dennis is here to show that you're not stuck and have options! There are several countries in the world that are known for not putting income taxes on their populace! Where are these magical places? Find out on today's Taxes Made Simple! HOW TO WORK WITH ME

With 2023 in full swing, there are a lot of changes to how you can deduct taxes this year that were previously allowed, particularly during the pandemic. Karlton Dennis goes over with you the most ESSENTIAL deduction updates to know for you and your business on today's Tax Update! HOW TO WORK WITH ME

President Biden has some new plans in his budget proposal for 2023! Plans that might have a significant effect on your financial life, so it's important to be aware of what's at stake! Tax expert Karlton Dennis goes over what crazy proposals are in store for the US in the coming months on today's Tax Update! HOW TO WORK WITH ME

JOIN THE 2023 TAX FREE WEALTH CHALLENGE TODAY BEFORE IT'S TOO LATE! https://www.thetaxfreewealthchallenge.com/join-thechallenge As part of a series of tax-saving presentations, we had fun at a recent one with a bunch random tax-related questions being thrown in my direction! I don't plan on holding back either... HOW TO WORK WITH ME

JOIN THE 2023 TAX FREE WEALTH CHALLENGE TODAY BEFORE IT'S TOO LATE! https://www.thetaxfreewealthchallenge.com/join-thechallenge You might be missing out on a lot of estate tax-savings simply by not being aware of this rule! HOW TO WORK WITH ME

JOIN THE 2023 TAX FREE WEALTH CHALLENGE TODAY BEFORE IT'S TOO LATE! https://www.thetaxfreewealthchallenge.com/jointhechallenge Fines, penalties, jail-time!? It's time for the average US citizen to take their stand against the IRS. Karlton Dennis is here to break out the iPad and explain sections of the United States tax code to you on how to avoid audits going into the new year! HOW TO WORK WITH ME