Podcasts about enrolled agents

Choosing someone to represent you before the IRS or state can be difficult. Even just someone to help you with your tax resolution issue. What is the difference between an EA and CPA and which is better? Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_Allec

Roger and Annie discuss important tax updates that occurred during the busy tax season, including new IRS guidance on Employee Retention Credits and the current status of Beneficial Ownership Information reporting requirements. They explore the significant staffing challenges and leadership turnover at the IRS, with insights from Roger's recent visit to Washington DC. The hosts then shift focus to post-tax season priorities for practitioners, offering advice on evaluating software, optimizing client relationships, and implementing strategies to improve profitability and efficiency for the next filing season.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome Back to Federal Tax Updates (02:02) - Post-Tax Season Reflections (03:18) - Employee Retention Credit Updates (12:20) - Beneficial Ownership Information Reporting (18:55) - Current Legislative Landscape in DC (25:34) - IRS Staffing and Morale Issues (31:37) - Challenges Facing the IRS (37:27) - Post-Tax Season Business Strategies (42:08) - Client Management and Pricing Strategies (47:11) - Maximizing Client Relationships and Billing Opportunities (51:07) - Preparing for the Next Tax Season (52:46) - Summer Plans and Final Thoughts Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

In this episode of Building the Premier Accounting Firm, Kirstin Reeder, founder and CEO of Purple Sapphire Business Solutions, shares her journey from stay-at-home mom to EA, offering specialized bookkeeping and tax services. Discover how she balances family and business, sets boundaries, and leverages networking to grow her firm. Key Takeaways:

For our milestone 50th episode, Roger Harris and Annie Schwab welcome Terry Lemons, who spent 26 years at the IRS including 11 years as Chief of Communications and Liaison. Terry shares insights from working with six different IRS commissioners, preparing officials for congressional testimony, and navigating public perceptions of the agency. The conversation explores the critical role of the tax professional community, challenges facing the IRS today, and lessons from past filing season successes and failures.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (01:44) - Celebrating the 50th Podcast with Special Guest Terry Lemons (03:23) - Terry Lemons' Journey to the IRS (06:47) - The Role and Influence of IRS Commissioners (11:33) - Preparing a Commissioner to Testify Before Congress (22:28) - Challenges and Perceptions of Working at the IRS (28:43) - Debunking IRS Agent Myths (30:57) - IRS Efficiency and Transformation (32:24) - Challenges and Improvements at the IRS (33:46) - Reflecting on Filing Seasons (36:04) - Historical IRS Challenges (40:24) - Future Tax Law Changes and Implications (44:31) - Terry's Retirement Plans (46:07) - The Importance of Tax Professionals Community (52:15) - Final Thoughts and Farewell Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with Terry Lemonshttps://www.linkedin.com/in/terry-lemons-77b3641a9Connect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss a crucial yet often confusing topic for retirees: Required Minimum Distributions (RMDs). Joined by their colleague Taylor Wolverton, a Certified Financial Planner and Enrolled Agent, they break down the rules surrounding what are RMDs, how they're calculated, and the updates brought by the Secure Act RMD changes. If you're unsure about RMD rules 2025, or when and how much to take from your retirement accounts, this episode is for you.Listen in to learn about the mechanics of how do RMDs work, from when to take RMDs to how they're taxed and the penalties for missing one. The episode also explores RMD for retirement accounts like IRAs and 401(k)s, RMD tax rules, and even strategies like RMD and charitable giving. Whether you're planning ahead or facing your first required withdrawal, understanding your obligations is key to effective retirement tax planning and preserving your wealth.In this episode, find out:· What qualifies as a required minimum distribution and who it applies to.· Updated RMD start ages under the Secure Act RMD changes.· How RMDs are calculated using the IRS Uniform Lifetime Table.· The tax implications of RMDs and how to manage them effectively.· Smart options for reinvesting or donating your RMD.Tweetable Quotes:"You can't put RMDs back into an IRA or convert them to Roth—but you can reinvest them into a brokerage or give to charity tax-free." – Radon Stancil"Even if you don't need the money, RMDs are required—it's about paying back the taxes you've deferred for years." – Murs TariqResources:If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!To access the course, simply visit POMWealth.net/podcast.

In this episode, Roger sits down with Catharine Madeley, a tax practitioner who recently experienced a data breach at her firm. Catherine shares her firsthand account of how the breach unfolded, the steps she took to respond, and the lessons she learned along the way. She offers valuable insights into the importance of having a robust cybersecurity plan, the critical role of communication with clients, and the need to be proactive in protecting sensitive client information.*This is a replay of an episode that originally aired in March, 2024. (00:00) - Welcome to the Federal Tax Updates Podcast (01:30) - Introducing Our Guest: Catharine Madeley (03:26) - The Harrowing Tale of a Data Breach (04:29) - The Initial Discovery and Immediate Response (14:36) - Navigating the Aftermath: Investigation and Recovery (23:42) - Reflections and Lessons Learned from the Cybersecurity Incident (25:58) - The Aftermath of a Data Breach: A Personal Account (26:45) - Law Enforcement's Response to Small Scale Breaches (28:36) - Navigating IRS Procedures After a Breach (29:51) - The IRS Practitioner Relief Opt-In Program: A Lifeline (32:42) - Client Communication and Response to the Breach (42:55) - Lessons Learned and Moving Forward (49:28) - Final Thoughts and Advice Connect with Catharine MadeleyLinkedIn: https://www.linkedin.com/in/catharine-drake-madeleyWebsite: https://www.sallingcpa.comGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Do you know how much are you paying in income taxes nowadays?  if you're like most retirees, you might be paying more than you need to—and the frustrating part? The IRS isn't going to tell you how to lower your tax bill!But that's where I come in.One of the services I offer high net worth retirees is proactive tax planning. We review anticipated income, from all sources, each year and employ strategies to help clients make the most of their hard-earned money. If this sounds like something from which you could benefit, reach out to us. You can find more about the services we offer at www.jgigliello.com. "Welcome to The Retirement Fix, a podcast offering strategies for less stress and more success in your go-go retirement years.  I'm John Gigliello, a CERTIFIED FINANCIAL PLANNER™ with the Albany Financial Group and Enrolled Agent licensed by the U.S. Treasury Department, and I'm here to be your guide to keeping more of your hard-earned money by making smart financial decisions in retirement. This podcast is for people nearing or in retirement who want to learn more about proactive tax planning, retirement income planning, social security timing, investment management and asset protection.  After a life-altering health issue at age 39, my personal journey in life became clear: To share my knowledge of personal finance with people who are looking to make smart and responsible choices with their money. By the way, before I get into the meat of this episode, I want to take a minute to mention that we've changed the name of this podcast, formerly known as Invest in Knowledge. The name change to The Retirement Fix was made simply to better reflect the content that I have been sharing for the past three years and to help the appropriate audiences find me. You can still expect more of the same great tips on tax strategies, retirement planning, investment management and other challenges faced by people wanting to craft a secure and comfortable retirement.In today's episode, I am going to addresses a big pain point for many retirees – TAXES. Most of you just recently filed your 2024 tax returns, so the numbers may be fresh in your mind. Did you pay more than your fair share? Are you interested in learning ways to potentially save on your tax bill for this tax year and subsequent years? Then stay tuned, because you won't want to miss this episode.  Today, we're breaking down:How to avoid RMD tax penalties and keep more of your savings The secret to reducing or eliminating Social Security taxes How to pay 0% capital gains tax on your investments Ways to lower your Medicare premiums and avoid the Medicare Surcharge trap that most retirees don't even realize is possible Estate planning tricks that ensure your heirs get more, not the government And some pitfalls to consider with state income tax planningSo, if you're ready to keep more of your money and stop overpaying the IRS, let's dive in!"

Timothy Wingate Jr., founder and president of G+F Business & Financial Consulting, is a licensed Enrolled Agent and construction accountant specializing in tax planning and financial consulting for construction companies. In today's conversation, Timothy discusses key accounting and tax strategies, emphasizing the importance of choosing the right accounting method—favoring the completed contract or percentage of completion methods over cash-based accounting. He highlights common misconceptions, such as poor tracking and back-office inefficiencies, and explains how accrual accounting provides better financial insight. Timothy also covers tax planning mistakes, including improper entity selection and failure to pay oneself a salary, recommending S corporations for tax advantages. He shares strategies such as Section 179 deductions, retirement planning, and corporate tax credits. Additionally, Timothy addresses IRS audits, fraud prevention, and the necessity of proactive financial planning. Concluding, he offers insights on selecting the right CPA and shares a success story of a transformed construction company. HIGHLIGHTS [01:47] Choosing the Right Accounting Method  [04:19] Steps to Implement Accrual Method [09:10] Tax Strategies and Equipment Purchases  [10:13] Maximizing Returns and Minimizing Tax Liabilities  [13:56] IRS Audits and Red Flags [17:26] Preventing Fraud and Maintaining Financial Integrity [22:38] Client Communication and Support  [27:00] Personal Motivation and Client Success Stories   KEY TAKEAWAYS Use the completed contract or percentage of completion method for better financial tracking. Implement systems for accurate receipt capture, invoicing, and expense coding. Consider an S corporation for tax savings if revenue exceeds $1M. Utilize Section 179 to deduct equipment purchases and reduce taxable income. Use company cards with spending limits and digital payment tools.   RESOURCES Connect with Timothy Wingate: G+F Business & Financial Consulting LinkedIn Handle: https://www.linkedin.com/in/twingatejr/ LinkedIn – G+F Business & Financial Consulting Instagram – G+F Business & Financial Consulting Facebook – G+F Business & Financial Consulting @GplusF – YouTube Timothy's Restaurant Recommendation:  Lynora's   Resources to Help You Win in Construction

Send us a textJoin us as we sit down with Enrolled Agent, and Founder of Golden Lion Tax Solutions, Morgan Q. Anderson, to discuss what Divorce Mediation Testimony is, and how it can help you avoid tax headaches after a divorce is finalized.As a leading divorce firm in Portland, our attorneys provide guidance on custody, alimony, separation, estate planning, and more. Learn what to expect in Oregon and Washington divorce cases and how we can help.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.To learn more about Morgan and how she can help you with your tax questions, you can visit her website at: https://www.goldenliontaxsolutions.com/Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.

Send us a textJoin us as we sit down with Enrolled Agent, and Founder of Golden Lion Tax Solutions, Morgan Q. Anderson, to discuss everything you need to know about Innocent Spouse Protection and Relief when filing jointly on an income tax return.As a leading divorce firm in Portland, our attorneys provide guidance on custody, alimony, separation, estate planning, and more. Learn what to expect in Oregon and Washington divorce cases and how we can help.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.To learn more about Morgan and how she can help you with your tax questions, you can visit her website at: https://www.goldenliontaxsolutions.com/Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.

SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsRoger and Annie welcome guest Bob Kerr to discuss proposed changes to Circular 230, the regulations governing practice before the IRS. They explore contentious issues including contingent fees being classified as "disreputable conduct," expanded rights for non-credentialed preparers, and new requirements for reporting client errors. Bob shares insights from the recent hearing and explains why practitioners shouldn't expect final regulations until at least 2026.campaign_start}}(00:00) - Welcome to Federal Tax Updates (02:20) - Introducing Special Guest Bob Kerr (03:32) - Overview of Circular 230 (04:59) - Proposed Changes to Circular 230 (15:17) - Contingent Fees Debate (30:30) - Limited Practice Discussion (36:22) - Voluntary IRS Programs and Their Impact (38:10) - Competency and Practitioner Requirements (39:33) - Knowledge of Errors and Omissions (42:31) - Proposed IRS Regulations and Practitioner Responsibilities (49:41) - Best Practices and Circular 230 (57:30) - Conclusion and Future Expectations Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with Bob Kerrhttps://kerr.tax/about-us/https://www.linkedin.com/in/kerr-robertConnect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Send us a textJoin us as we sit down with Enrolled Agent, and Founder of Golden Lion Tax Solutions, Morgan Q. Anderson, to discuss "the ostrich syndrome" that Morgan often sees tax payers fall into, and what you can do to combat it.As a leading divorce firm in Portland, our attorneys provide guidance on custody, alimony, separation, estate planning, and more. Learn what to expect in Oregon and Washington divorce cases and how we can help.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.To learn more about Morgan and how she can help you with your tax questions, you can visit her website at: https://www.goldenliontaxsolutions.com/Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.

SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsRoger and Annie provide critical updates on the Treasury Department's decision to halt Corporate Transparency Act penalties and enforcement requirements, bringing relief to tax practitioners and their clients. They break down the six-step reconciliation process for tax reform, offering clarity on where current legislation stands and what might be coming. The hosts also discuss concerns about potential IRS workforce reductions, upcoming technology improvements, and preview changes to Circular 230 regulations that will impact tax practice management.{campaign_start}}(00:00) - Introduction and Welcome (02:04) - BOI Reporting Updates (02:50) - Corporate Transparency Act Penalties (05:46) - Guidance for Clients on BOI Compliance (11:03) - Government Shutdown Concerns (15:27) - Reconciliation and Tax Reform Process (26:15) - Debating the Impact of Tariffs (26:57) - Abolishing the IRS: Feasible or Fantasy? (29:08) - IRS Workforce Cuts: Immediate Implications (29:54) - Challenges of Tax Season Amid Workforce Reductions (32:39) - Potential Tax Reforms and Technological Advancements (45:31) - Common Tax Filing Mistakes to Avoid (47:58) - Upcoming Changes to Circular 230 (51:19) - Wrapping Up and Final Thoughts Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsRoger and Annie explore major changes affecting tax professionals in early 2024, including significant staffing changes at the IRS and ongoing uncertainty around Beneficial Ownership Information (BOI) reporting requirements. They break down the new 1099-K reporting thresholds and explain how to handle various transaction types, from business payments to personal item sales. The hosts also discuss current legislative proposals and share practical insights for handling common client questions about taxable income and deductions during tax season.{campaign_start}}(00:00) - Welcome to Federal Tax Updates (02:30) - Tax Reform and Legislative Updates (07:05) - IRS Hiring and Workforce Changes (13:12) - Beneficial Ownership Reporting Updates (20:34) - Employer Retention Credit Updates (23:42) - 1099K Reporting Changes (30:15) - Understanding Ticket Transactions (31:39) - Client Misconceptions and IRS Blame (33:27) - Filing Season Insights (38:46) - Common Tax Questions (49:32) - Proposed Tax Legislation (54:03) - Conclusion and Final Thoughts Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Former IRSAC Chair Annette Nellen joins Roger and Annie to discuss critical challenges facing the IRS and tax administration. The conversation explores the growing tax gap, the importance of consistent IRS funding, and efforts to modernize taxpayer services through online accounts and digital solutions. The discussion also delves into proposals for tax preparer regulation, continuing education requirements for enrolled agents, and the complexities of implementing cryptocurrency reporting requirements.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (01:35) - Introducing Special Guest Annette Nellen (02:26) - Understanding the ERSAC Annual Report (05:40) - Deep Dive into the Tax Gap (07:52) - IRS Funding and Its Impact (19:04) - Tax Literacy and Education Challenges (25:48) - Modernizing the IRS and Funding (30:33) - IRS Hiring Challenges and Misconceptions (31:48) - Impact of Potential Hiring Freeze (33:28) - IRS Strategic Operating Plans and Online Accounts (36:50) - Technological Advancements and Challenges (43:44) - Practice Management and Professional Development (47:48) - Regulating Tax Return Preparers (52:17) - Digital Currency and Cryptocurrency Regulations (55:19) - Conclusion and Final Thoughts Connect with Annette Nellenhttps://www.linkedin.com/in/annette-nellen-7448824IRSAC Reporthttps://www.irs.gov/pub/irs-pdf/p5316.pdfGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

The holidays are behind us; you know what that means—it's tax season! But before you start gathering your W-2s and receipts, there's an important question: Do you know who will prepare your taxes this year?With a nationwide shortage of Certified Public Accountants (CPAs) and tax professionals, waiting too long to find a preparer could leave you scrambling—and vulnerable to scams. Here's how to protect yourself and find a trusted tax preparer.Who Can Prepare Your Taxes?When hiring a tax professional, your preparer will likely fall into one of three categories:Certified Public Accountant (CPA): These professionals undergo rigorous education, exams, and licensing requirements. Many specialize in tax preparation and can also provide broader financial guidance. Enrolled Agent (EA): Licensed by the IRS, EAs are tax experts who can prepare and file returns, represent clients before the IRS, and provide tax planning services. Tax Attorney: These legal professionals specialize in tax law and are particularly useful for complex tax situations, audits, or disputes.Each of these professionals is highly qualified—but the problem is there aren't enough of them.There is a growing shortage of CPAs and tax professionals, mainly because fewer young people are entering the field. Some firms are even hiring high school interns at $22 an hour to recruit future CPAs.What does this mean for you?Longer wait times to book a tax preparerHigher fees due to increased demandGreater risk of falling into the hands of fraudulent preparersWhen people are desperate to file their returns, they can become easy targets for scammers who fake credentials or engage in tax fraud.How to Avoid Tax Scams and Find a Qualified PreparerTo protect yourself, follow these IRS-recommended steps when choosing a tax preparer:1. Choose a Year-Round Tax PreparerA reputable preparer should be available beyond tax season. You don't want your tax preparer to disappear if you get audited.2. Verify Their IRS CredentialsAsk for the IRS Preparer Tax Identification Number (PTIN). All paid tax return preparers must register with the IRS and enter their PTIN on every return they file.Check their status using the IRS Directory of Federal Tax Return Preparers at IRS.gov.3. Look for Professional CredentialsAsk if the preparer holds a credential such as:CPA (Check with the State Board of Accountancy)Enrolled Agent (Verify at IRS.gov under "Verify Enrolled Agent Status")Tax Attorney (Confirm with their State Bar Association)Additionally, inquire about continuing education—since tax laws change frequently, professionals should stay current.4. Be Cautious About FeesBeware of tax preparers who:Charge fees based on a percentage of your refundClaim they can get you a larger refund than competitorsA legitimate preparer should charge a flat or hourly rate based on the complexity of your return.5. Verify IRS E-File CapabilityMost tax preparers handling more than 10 clients must file electronically. If your preparer refuses to e-file, that's a red flag.6. Ensure Proper DocumentationA trustworthy tax preparer will ask for the following:Your W-2 and 1099 forms (not just a pay stub)Records of deductions and creditsIf a preparer doesn't ask for supporting documents, walk away. The IRS requires proper documentation to verify your return.7. Understand Representation RulesOnly CPAs, Enrolled Agents, and tax attorneys can represent you before the IRS if you're audited.Non-credentialed tax preparers—including your math-savvy cousin Bill—cannot represent you in an audit.8. Never Sign a Blank or Incomplete Tax ReturnPlease review your return carefully before signing. Ensure all information is accurate, and ask questions if anything appears incorrect.9. Your Refund Should Go to You—Not the PreparerCheck the routing and account number on your tax return to ensure your refund is deposited into your own account, not your preparer's.Looking for a Faith-Based Financial Professional?If you want to work with a tax professional who aligns with biblical financial principles, consider finding a CPA, Enrolled Agent, or tax attorney with the Certified Kingdom Advisor (CKA®) designation.To find a trusted, faith-based financial professional, visit FaithFi.com and click “Find a Professional.”With tax season here, choosing a reputable, qualified tax preparer is more important than ever. Don't wait until the last minute—start your search today to avoid scams and ensure your taxes are filed accurately and ethically.On Today's Program, Rob Answers Listener Questions:As I turn 70 and a half, is it advantageous for me to start doing my charitable giving from my IRA? Or should I wait until 73, when I have to do the required minimal distribution (RMD)?I have $10,000 in a savings account with my local bank, but I only earn about 10 cents in monthly interest. Since I've never invested before, I'm interested in investing that money elsewhere to create some extra available money. What would you suggest?I ran a landscaping company into the ground, but I've now rededicated my life to Christ and started a new handyman business. I need help managing the money in my company and being a better steward of the resources God has entrusted me with. I'm looking for guidance on the best direction to take.Considering Trump is now in his second term, would it be a good time for me to sell my house and buy another home? Should I wait? I'm thinking about the potential impact on prices and interest rates.Resources Mentioned:Faithful Steward: FaithFi's New Quarterly PublicationBankrateChristian Community Credit Union (CCCU)Business By The Book: Complete Guide of Biblical Principles for the Workplace by Larry BurkettLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Welcome to the Financial Freedom & Wealth Trailblazers Podcast! In this episode, we'll talk about a game-changer for anyone looking to build financial freedom—smart tax planning.  Dallin helps low to middle income Idaho parents spend time with their kids, not their taxes. To better understand his client's tax issues, Dallin has taken the tax exams to become licensed as an Enrolled Agent. That means he's authorized to advise and represent taxpayers in IRS matters.Since his clients have more than just tax questions, Dallin has also passed the Certified Financial Planner® exam.  Dallin lives in Rexburg, Idaho with his beautiful wife, Afton. Connect with Dallin here:  Facebook Group for Idaho parents: https://www.facebook.com/share/g/15tHbuKHBz/ LinkedIn:  https://www.linkedin.com/in/dallin-sorensen/ Website: https://familyviewtax.com/ =================================== If you enjoyed this episode, remember to hit the like button and subscribe. Then share this episode with your friends. Thanks for watching the Financial Freedom & Wealth Trailblazers Podcast. This podcast is part of the Digital Trailblazer family of podcasts. To learn more about Digital Trailblazer and what we do to help entrepreneurs, go to DigitalTrailblazer.com. Are you a coach, consultant, expert, or online course creator? Then we'd love to invite you to our FREE Facebook Group where you can learn the best strategies to land more high-ticket clients and customers.  QUICK LINKS:  APPLY TO BE FEATURED: https://app.digitaltrailblazer.com/podcast-guest-application DIGITAL TRAILBLAZER: https://digitaltrailblazer.com/

Roger and Annie dive into the complex political dynamics shaping potential tax reform in 2025, breaking down the strategic implications of pursuing one comprehensive bill versus two separate pieces of legislation. They provide critical updates on the ever-changing BOI regulations, including recent court injunctions and what practitioners should do while awaiting final resolution. The episode concludes with practical advice for tax professionals preparing for the upcoming tax season, covering everything from research tools and client management to pricing strategies and work-life balance.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (01:27) - Weather Woes and Tax Season Kickoff (02:09) - Political Landscape and Tax Legislation (03:20) - Tax Cuts and Jobs Act Discussion (06:38) - One Bill vs. Two Bills Debate (13:47) - BOI Updates and Legal Battles (24:48) - Employee Retention Credit Issues (29:44) - Taxpayer Advocate's Annual Report Insights (31:47) - Persistent IRS Issues and Proposed Solutions (33:18) - Regulating Tax Preparers: A Growing Need (37:21) - Preparing for the Upcoming Tax Season (41:01) - Client Management and Workload Optimization (45:21) - Research Tools and Online Resources (55:10) - Conclusion and Upcoming Topics Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Episode 244 FACULTY: Matthew Cordes, EA and Adam Markowitz, EA CLASS: #AccountingHigh In this episode of Accounting High, Scott Scarano, EA invites the EA team for a discussion about the importance and impact of Enrolled Agents (EAs) in the tax and accounting world. Joined by EAs Adam Markowitz and Matthew Cordes, the conversation dives into their journeys, experiences, and the misconceptions surrounding EAs. The episode also features the premiere of a new OKR track “Smells Like EA's”.

Need financing for your next investment property? Visit: https://www.academyfund.com/ Want to join us in Tampa on January 28th? Visit: https://www.10xvets.com/events ____ Michael Mandarino is a seasoned financial advisor with over 20 years of experience in investment advisory and financial planning. As the owner of 123 Investing LLC and CEO of Soterios LLC, an SDVOSB, he specializes in faith-based investing, tax-advantaged strategies, retirement planning, and charitable giving solutions. Michael is dedicated to serving transitioning military officers, religious organizations, charities, and small businesses, offering expertise in planned giving and biblical-responsible investing. A West Point graduate and former U.S. Army Platoon Leader, Michael collaborates with CPAs and Enrolled Agents to ensure comprehensive financial oversight. His work has been featured in Proactive Advisor Magazine, and he educates others about investing through his YouTube channel. MIchaal Mandarino's Securities & Investment Advisory Services are offered through G.A. Repple & Company, a Registered Broker/Dealer & Investment Advisor Member FINRA & SIPC, 101 Normandy Road Casselberry, FL 32707 T. 407-339-9090. The Vision Behind Faith-Driven Finance: Turning Experience into Purposeful Wealth Strategies Michael's Journey: From West Point graduate and Army Platoon Leader to financial advisor in 2002. A Faith-Driven Mission: How a pivotal moment in 2012 led to specializing in biblical-responsible investing. Serving Veterans: Helping service members navigate military benefits and transitions. Expanding Expertise: Assisting high-net-worth clients with complex tax strategies and capital gains planning. Educational Impact: Growing a YouTube channel to 55,000+ subscribers with compliant financial content. Future Growth: Mentoring junior advisors and acquiring books of business to expand his practice. Timestamps: 00:47 Michael's Background and Career Journey 02:37 Finding a Niche in Financial Advising 05:35 Faith and Business: A Unique Approach 09:48 Short and Long Term Goals 13:11 The YouTube Endeavor 19:47 Challenges and Support Connect with Michael LinkedIn Facebook YouTube 123-Investing Email: mmandarino@123-investing.com Phone or text: (813) 710 - 4123 If you found value in today's episode, don't keep it to yourself—share it with a colleague or friend who could benefit. And if you're a Service Academy graduate ready to elevate your business, we'd love for you to join our community and get started today. Make sure you never miss an episode—subscribe now and help support the show: Apple Podcasts Spotify Leave us a 5-star review! A special thank you to Michael Mandarino for joining me this week. Until next time! -Scott Mackes, USNA '01

Click here to send us a topic idea or question for Weekend Wisdom.If you are adopting or have adopted within the last several years you should join our conversation today about claiming the Adoption Tax Credit for 2024. Our guests will be Becky Wilmoth, an Enrolled Agent and Adoption Tax Credit Specialist with Bill's Tax Service; and Josh Kroll, the Adoption Subsidy Resource Center coordinator at Families Rising.In this episode, we cover:What is the Adoption Tax Credit for adoption being claimed on 2024 federal taxes? What is a “credit,” and how does it differ from a deduction or tax savings?How would you use the Adoption Tax Credit if you get a tax refund every year?Should you still apply the credit to your federal income taxes if you don't have any federal tax liability?What types of adoptions are included or excluded? Are kinship adoptions covered? Are kinship guardianship arrangements covered? What if the child never was involved with the foster care system?Can you get credit for each adoption you complete even if completed in the same year? What about adopting siblings at the same time?What is a Qualified Adoption Expense for purposes of the Adoption Tax Credit 2024?When can you claim the Adoption Tax Credit?Special Needs Adoption: How does the Adoption Tax Credit differ for adoptions from foster care? What does the IRS accept as proof of “special needs”?What is a $0 subsidy agreement?Special needs child for international adoptionCan you reclaim your expenses for an attempted adoption that did not result in a placement (failed adoption)? How?What income level (Modified Adjusted Gross Income) is excluded?How long can the credit be carried over?What if you didn't claim the Adoption Tax Credit when eligible? Is the Adoption Tax Credit something you can amend your tax return for, and if so, how do you amend it, and how many years back?Will the Adoption Tax Credit offset self-employment tax?How does the Secure Act impact claiming the Adoption Tax Credit for 2024 taxes? What should you do if the child's Social Security Number is unavailable when you file? Should you use an Adoption Taxpayer Identification Number (ATIN #) if you don't have the child's social security number?How does the Adoption Tax Credit work in conjunction with employee adoption benefits? For special needs adoption?If you adopt, can you still get the Child Tax Credit?What do you need to get the Child Tax Credit for your adopted child?Do you need to send any documentation to the IRS when you file your taxes? What type of documentation should you keep in your records?How do you find a tax specialist knowledgeable about Adoption Tax Credit? The Adoption Tax Credit used to be a refundable credit. Do you think the new administration will impact the refundability legislation? Advocate for refundability Support the showPlease leave us a rating or review. This podcast is produced by www.CreatingaFamily.org. We are a national non-profit with the mission to strengthen and inspire adoptive, foster & kinship parents and the professionals who support them.Creating a Family brings you the following trauma-informed, expert-based content: Weekly podcasts Weekly articles/blog posts Resource pages on all aspects of family building

Crypto tax expert Amir Marmar of JFDI Accountants breaks down the complexities of cryptocurrency taxation and shares guidance on when tax professionals should handle crypto cases themselves versus partnering with specialists. He explains key concepts like wallet-level reporting requirements coming in 2025, the challenges of DeFi and staking transactions, and why traditional tax software may not be enough for complex crypto cases. This episode provides practical insights for tax professionals on evaluating crypto clients and understanding the latest IRS guidance, including Revenue Procedure 2024-28's move away from universal accounting methods.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (01:56) - Amir Marmar's Background and Expertise (03:04) - Crypto Accounting Challenges and Success Stories (07:49) - Crypto-Friendly Government Policies (14:06) - Understanding Crypto Wallets (23:36) - Blockchain Basics and Tax Implications (29:38) - Complexities in Crypto Taxation (37:19) - Understanding Lending Protocols and Tax Implications (39:24) - Exploring Staking and Its Tax Considerations (41:11) - Liquidity Pools and Market Making (43:01) - Challenges in Crypto Accounting (44:11) - IRS Guidance and Tax Positions (46:02) - The Role of Tax Professionals in Crypto (49:39) - Steps for Successful Crypto Tax Engagements (52:50) - Upcoming Changes in Crypto Tax Reporting (01:04:53) - Contacting JFDI for Crypto Tax Help Connect with Amirhttps://www.jfdiaccountants.com/https://www.linkedin.com/in/amir-marmar-20b76726Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3003: Kelley Long shares practical advice for navigating the complexities of hiring a tax professional. Whether you're a self-employed entrepreneur or have straightforward tax needs, she clarifies the roles of tax preparers, EAs, and CPAs, and offers actionable tips to ensure you find the right expert to save time, money, and stress. Read along with the original article(s) here: https://www.financialfinesse.com/2017/04/26/how-to-find-a-good-tax-preparer/ Quotes to ponder: "Pretty much anyone can call themselves a tax preparer, although the IRS has started to regulate that by requiring people who accept payment for preparing taxes to have a PTIN." "If time is money, then the money we pay our accountant to prepare and file our taxes is money well spent." "The sad fact is that there aren't a lot of CPAs out there that actually want to do income taxes for regular families who just have jobs, kids, a house, and a few charitable donations." Episode references: Illinois CPA Society: https://www.icpas.org National Association of Enrolled Agents: https://www.naea.org Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3003: Kelley Long shares practical advice for navigating the complexities of hiring a tax professional. Whether you're a self-employed entrepreneur or have straightforward tax needs, she clarifies the roles of tax preparers, EAs, and CPAs, and offers actionable tips to ensure you find the right expert to save time, money, and stress. Read along with the original article(s) here: https://www.financialfinesse.com/2017/04/26/how-to-find-a-good-tax-preparer/ Quotes to ponder: "Pretty much anyone can call themselves a tax preparer, although the IRS has started to regulate that by requiring people who accept payment for preparing taxes to have a PTIN." "If time is money, then the money we pay our accountant to prepare and file our taxes is money well spent." "The sad fact is that there aren't a lot of CPAs out there that actually want to do income taxes for regular families who just have jobs, kids, a house, and a few charitable donations." Episode references: Illinois CPA Society: https://www.icpas.org National Association of Enrolled Agents: https://www.naea.org Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3003: Kelley Long shares practical advice for navigating the complexities of hiring a tax professional. Whether you're a self-employed entrepreneur or have straightforward tax needs, she clarifies the roles of tax preparers, EAs, and CPAs, and offers actionable tips to ensure you find the right expert to save time, money, and stress. Read along with the original article(s) here: https://www.financialfinesse.com/2017/04/26/how-to-find-a-good-tax-preparer/ Quotes to ponder: "Pretty much anyone can call themselves a tax preparer, although the IRS has started to regulate that by requiring people who accept payment for preparing taxes to have a PTIN." "If time is money, then the money we pay our accountant to prepare and file our taxes is money well spent." "The sad fact is that there aren't a lot of CPAs out there that actually want to do income taxes for regular families who just have jobs, kids, a house, and a few charitable donations." Episode references: Illinois CPA Society: https://www.icpas.org National Association of Enrolled Agents: https://www.naea.org Learn more about your ad choices. Visit megaphone.fm/adchoices

В этом выпуске гостем стала Альбина Ялалова — налоговый консультант в США и бухгалтер с опытом работы более 20 лет, основатель компании I Love Accounting. Альбина является лицензированным Enrolled Agent, что дает право представлять интересы клиентов во всех 50 штатах США. В преддверии налогового сезона мы подробно разобрали все ключевые аспекты подачи налоговой декларации в США. Обсудили разницу между работой по W2 и 1099, сроки подачи и оплаты налогов, возможности снижения налоговой нагрузки законным путем. Затронули особенности налогообложения в разных штатах, разъяснили нюансы расчета налоговой ставки и важность своевременной подачи отчетности. Особое внимание уделили вопросам списания расходов для самозанятых и тому, когда стоит обращаться к профессиональному бухгалтеру. Эпизод будет полезен как тем, кто только планирует переезд в США, так и тем, кто уже работает в Америке и хочет разобраться в местной налоговой системе. Альбина Ялалова (Albina Ialalova) - лицензированный IRS USA Enrolled Agent, бухгалтер с опытом работы более 20 лет, IRS Certified Acceptance Agent, сертифицированный по МСФО (Международным Стандартам Финансовой отчетности) главный бухгалтер и основатель и собственник компании в США - I Love Accounting LLC. YouTube: @albina_accountant Instagram: @albina_accountant Facebook: https://www.facebook.com/yalalova/ Сайт: www.iloveaccounting.us Phone: +1-407-473-1323 Address: 1445 Dolgner Place, Ste 13, 14 & 15, Sanford, FL 32771 *** Записывайтесь на карьерную консультацию (резюме, LinkedIn, карьерная стратегия, поиск работы в США): https://annanaumova.com Коучинг (синдром самозванца, прокрастинация, неуверенность в себе, страхи, лень) https://annanaumova.notion.site/3f6ea5ce89694c93afb1156df3c903ab Онлайн курс "Идеальное резюме и поиск работы в США": https://go.mbastrategy.com/resumecoursemain Гайд "Идеальное американское резюме": https://go.mbastrategy.com/usresume Гайд "Как оформить профиль в LinkedIn, чтобы рекрутеры не смогли пройти мимо": https://go.mbastrategy.com/linkedinguide Мой Telegram-канал: https://t.me/prodcastUSA Мой Instagram: https://www.instagram.com/prodcast.us/ Prodcast в соцсетях и на всех подкаст платформах https://linktr.ee/prodcastUS ⏰ Timecodes ⏰ 0:00 Начало 5:32 Кто должен подавать налоговую декларацию в США? 16:32 Подача налоговой декларации и уплата налогов, в чем разница? 21:32 Какие бывают налоговые формы в США для физических лиц? 27:56 Форма W2. Что надо знать, если вы наемный сотрудник? 34:56 Форма 1099. В чем особенность? 47:19 От чего зависит налоговая ставка? 1:04:57 Возможно ли подать декларацию самостоятельно? 1:10:44 Как платить меньше налогов? 1:13:29 Как подавать налоги без стресса? 1:14:23 Чем ещё хотела бы поделиться? 1:15:26 Что можешь пожелать зрителям канала?

To kick off the new year, Steven is joined by a fellow podcaster and financial advisor, Kevin Thompson. Kevin shares his experience with becoming an Enrolled Agent to just skip the conversation about "is it tax planning or is it tax advice" and jump straight to helping his clients the best way he can. Steven and Kevin share examples of how Advisors can be proactive on tax planning and Kevin's experience with incorporating the topic into his client service model. https://zurl.co/Koiyv

Three successful accounting firm owners share their journeys from small practices to achieving 10X revenue growth. Through candid conversations about hiring strategies, systemization, and community support, these Padgett franchise owners reveal practical insights for scaling an accounting practice. Their experiences highlight how strategic hiring, building scalable systems, and embracing a growth mindset transformed their firms from six-figure to multi-million dollar enterprises.Webinar Speakers Jeff Phillips - https://www.linkedin.com/in/jeffaccountingflyJanet Kaup  - https://www.linkedin.com/in/janet-kaup-2238643Jeff Darley - https://www.linkedin.com/in/jeff-darley-77839b2Tom Friedel - https://www.linkedin.com/in/tom-friedel-cpa-ab71435Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Amanda Dixon's journey is nothing short of inspiring as she takes us through her transition from tax professional to marketing expert after being diagnosed with multiple sclerosis. Amanda faced the initial signs of MS with a nerve pain twinge in her shoulder, which led to her diagnosis in 2020, a pivotal moment that transformed her life. Her unwavering commitment to self-advocacy and listening to her body serves as a beacon of strength and empowerment, especially for women navigating healthcare systems. Amanda's story is a powerful reminder of the resilience needed to set boundaries and prioritize self-care while living with a chronic condition.Navigating the medical maze to secure her MS diagnosis, Amanda recounts the challenges of numerous tests and consultations before finding a specialist who confirmed her condition. Her proactive approach led her to choose Okravis, a chemotherapy drug that has effectively halted her disease progression. Amanda shares how adjusting her work life to a part-time, remote setup has provided her with the balance she needed, highlighting the significance of supportive relationships and a positive mindset on this journey. Her experience underscores the importance of advocating for oneself, particularly in the face of dismissive healthcare professionals, and embracing each day with awareness and acceptance.Guest Bio:Amanda Dixon began her career as a tax professional, preparing all types of returns, from 1040s to 990s. In 2020, amidst the global pandemic, her life changed when she was diagnosed with Multiple Sclerosis. After taking the time to get used to her new life with her disease, she began working from home. In 2023, she earned her Enrolled Agent designation, but began to feel an interest in the marketing function at her firm. Seeing an opportunity, she made the switch that same year to a marketing role. She now uses her previous experience and knowledge to break down the complex world of accounting to effectively communicate what her firm's clients need to know. Today, she advocates for the disabled community and encourages others to advocate for themselves to ensure they get the best possible medical care they can. Amanda considers herself an open book, and is always happy to answer questions about her MS, her diagnosis process, the symptoms she experiences, and how others can better understand and help those in the disabled community. When she's not at work, you can find Amanda playing Dungeons and Dragons with her friends, dressing up her 12 foot skeleton, watching a spooky movie, and spending time with her husband Adam and their adorable pets.Connect with Amanda:LinkedIn Connect with Theresa and Ivana:Theresa, True Strategy Consultants: tsc-consultants.com LinkedIn @treeconti, Insta @tscconsultants Ivana, Courageous Being: courageousbeing.com LinkedIn @ivipol, Insta @courbeingSITP team, Step Into The Pivot: stepintothepivot.com LinkedIn @step-into-the-pivot, YouTube @StepIntoThePivot

Annie and Roger discuss crucial tax updates as 2024 draws to a close, including the recent injunction against beneficial ownership reporting requirements, the evolving landscape of ERC claims processing, and changes to the clean vehicle credit program. They examine how the recent election results might impact tax policy, particularly regarding the Tax Cuts and Jobs Act provisions set to expire. They also provide practical guidance for tax practitioners preparing for the 2025 filing season, addressing important changes to 1099-K reporting thresholds and IP PIN requirements.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Federal Tax Updates Episode 44 (02:35) - 2025 Tax Season Preparation (05:12) - Tax Rates and Deductions for 2024 (09:17) - Business Tax Considerations (11:40) - Post-Election Tax Policy Changes (17:16) - IRS Updates and New Policies (20:52) - 1099-K Reporting Changes (24:35) - Clean Vehicle Credit (26:46) - Understanding the Dealer Credit Loophole (27:39) - Navigating EV Tax Credits (31:01) - IRS Processing and Challenges (36:35) - Potential Changes in IRS Leadership (43:17) - Beneficial Ownership Reporting Injunction (49:12) - Conclusion and Final Thoughts Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Roger and Annie on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Sohail Sadeghi is the founder and principal of Atlantis Tax Group & Financial Services, a firm revolutionizing the tax industry by providing strategic tax planning services that go beyond traditional preparation. With over a decade of experience in both the public and private sectors, Sohail is committed to helping clients achieve their financial goals through proactive and innovative tax strategies. Sohail's career began as a tax preparer at Liberty Tax, followed by a role at Squar Milner, Orange County's largest public accounting firm at the time, where he worked as a Tax & Audit Associate. There, he gained invaluable expertise in public accounting, auditing, and financial compliance. Transitioning to the private sector, Sohail held high roles in finance at various private firms. His work focused on corporate accounting, tax optimization, and financial analysis, helping corporations streamline operations and achieve tax efficiency. In 2023, he founded Atlantis Tax Group & Financial Services to deliver personalized and comprehensive tax and financial solutions for individuals and businesses. Sohail has extensive experience advising clients in diverse industries, including real estate, construction, and financial services. He specializes in tax strategies, entity structuring, and leveraging accounting tools like QuickBooks and Oracle NetSuite to drive operational efficiency. A strong advocate for proactive tax planning, Sohail's advisory services include guiding clients on tax-efficient investments such as cost segregation studies, bonus depreciation, and payroll structuring for W-2 employees or 1099 contractors. His focus extends beyond tax preparation, as he helps clients navigate complex financial scenarios like 401(k) withdrawals, retirement planning, and entity structuring to align with long-term goals. Sohail earned a Bachelor's degree in Accounting from Cal Poly Pomona and an MBA from the University of California, Irvine (UCI). He is currently an Enrolled Agent and admitted to practice before the IRS, and he is also pursuing his CPA certification to further solidify his professional credentials. -- Critical Mass Business Talk Show is Orange County, CA's longest-running business talk show, focused on offering value and insight to middle-market business leaders in the OC and beyond. Hosted by Ric Franzi, business partner at REF Orange County.

Capitol Hill insider Thad Inge joins Roger Harris to unpack how the election results could reshape major tax policy decisions in 2024 and beyond. The discussion explores the potential fate of expiring Trump-era tax cuts, the future of IRS funding, and the complex political dynamics that will influence tax reform under Republican control. Thad provides unique insights into the budget reconciliation process, key congressional players, and offers tax practitioners valuable context on potential legislative changes and political realities that could affect their practice and clients.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Thad Inge Joins Roger for Federal Tax Updates (01:57) - Election Impact on Tax Policy (05:03) - Republican Strategies and Budget Reconciliation (09:23) - Deficit Debates and Revenue Raising (20:42) - Key Players in Tax Reform in Congress (26:21) - IRS Funding and Future Outlook (32:58) - Commissioner Werfel's Tenure and Challenges (39:16) - Beneficial Ownership Reporting (47:58) - Senate Office Transitions (52:28) - Conclusion and Future Outlook Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with Thad IngeLinkedIn: https://www.linkedin.com/in/thad-inge-9342155Website: https://www.vsadc.com/Connect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Special guest Wendy Walker, VP of Regulatory Affairs at Sovos and Chair of IRSAC's Information Reporting Committee, breaks down the latest developments in 1099-K reporting thresholds and the upcoming 1099-DA form for digital assets. The discussion explores the practical challenges facing tax professionals as payment platforms struggle with reporting requirements, while also examining how the IRS is modernizing its systems to handle electronic filing.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (02:04) - Special Guest Introduction: Wendy Walker (03:14) - Discussion on IRS Advisory Council and Information Reporting (04:28) - Deep Dive into 1099K Reporting (05:43) - Challenges and Uncertainties in 1099K Reporting (08:46) - Impact on Taxpayers and Tax Professionals (11:43) - Platform Issues and Reporting Complexities (25:12) - IRS Matching and Compliance (27:07) - Future of Electronic 1099s (29:24) - New 1099 DA Form Explained (30:10) - Challenges with Current Reporting (32:22) - Future of Cryptocurrency Reporting (40:36) - IRS Modernization Efforts (50:48) - Wrap Up and Future Plans Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with Wendy Walkerhttps://www.linkedin.com/in/wendy1099 Connect with the Hosts on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

#200: Take control of your taxes and save money with unique strategies from tax expert Jasmine DiLucci. Learn how to leverage IRS transcripts, identify misleading tax advice, and differentiate between personal and business deductions. We also cover common audit triggers and valuable tax planning advice for business owners. Jasmine DiLucci is a seasoned tax attorney, Certified Public Accountant, and Enrolled Agent with over a decade of experience. She specializes in tax controversy, litigation, IRS collections, payroll debt disputes, penalty abatements, and audit representation. Link to Full Show Notes: https://chrishutchins.com/tax-savings-2024-jasmine-dilucci Partner Deals Cultural Care: Get $250 off the most reliable and trustworthy au pairs 1Password: Free 2-week trial of my favorite password manager Mint Mobile: $15/mo for unlimited wireless on the nation's largest 5G network NetSuite: Free KPI checklist to upgrade your business performance Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Jasmine DiLucci: YouTube | Website Request IRS Transcripts Donor-Advised Fund: Daffy (Free $25 for charity) ATH Podcast: Chris' Newsletter: Subscribe Ep #50: The Power (and Tax Savings) of Charitable Giving with Adam Nash Ep #62: Protect Your Family, Mitigate Taxes and Preserve Your Wealth with Patrick and Mani Ep #147: How to Save on Taxes with Ankur Nagpal Full Show Notes (00:00) Introduction (02:09) Why There's So Much Bad Tax Advice (05:17) Debating for Business Expenses vs. Personal Expenses (07:36) Can You Hire Your Kids to Work for You? (10:31) Ways to Identify Good and Bad Tax Advice Online (14:07) What Actually Happens When You Get Audited by the IRS (20:13) Do Credit Card Transactions Justify Receipts? (21:32) Common Things That Would Flag Audits (24:13) The Importance of IRS Transcripts (28:55) What Happens When the IRS Delays a Payment (30:33) Jasmine's Advice to Minimize Tax Penalties (32:36) What Kind of Tax Documents Can Have Errors? (34:44) Filing Using Tax Tool vs. Tax Expert (38:55) Chris' EOY Tax Checklist (43:41) Business Tax: Setting Up S Corps vs. LLCs (45:07) Changes to Expect in the Near Future (49:30) Where to Find Jasmine Connect with Chris Newsletter | Membership | Twitter | Instagram | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Part 2 of their BOI series, Roger and Annie tackle the most challenging aspects of beneficial ownership reporting requirements, focusing on determining who qualifies as a beneficial owner and the significant penalties for non-compliance. They dissect FinCEN's FAQs about substantial control while highlighting concerning gray areas that could put both business owners and tax professionals at risk. The discussion provides critical guidance for practitioners considering whether to offer BOI services, emphasizing protection strategies like engagement letters and insurance coverage given the potential $591 daily penalties and criminal consequences.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (01:41) - Overview of Beneficial Ownership (02:43) - FAQs and Compliance Guide (06:34) - Reporting Requirements and Deadlines (14:26) - Defining Beneficial Owners (17:01) - Indicators of Substantial Control (29:18) - Accountants and Lawyers as Beneficial Owners (32:40) - Clarifying Beneficial Ownership (33:51) - Community Property and Beneficial Ownership (35:02) - FinCEN's Approach to Reporting (37:13) - Penalties and Enforcement (42:11) - Practical Implications for Accountants (52:59) - FinCEN Identifiers Explained (55:47) - Final Thoughts and Recommendations Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Hosts on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

In part 1 of this 2-part series, Annie and Roger dive into the complexities of the new Beneficial Ownership Information (BOI) reporting requirements. They discuss who needs to file, key deadlines, and potential risks for tax professionals assisting clients with compliance. The hosts emphasize the importance of understanding the current guidance, primarily based on FAQs, and highlight areas where interpretation could lead to legal complications.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (03:34) - Understanding the FinCEN Reporting Requirements (05:11) - Navigating the FAQs and Compliance Challenges (09:57) - Filing Requirements and Deadlines (23:37) - Who Needs to Report? Identifying Reporting Companies (27:33) - Understanding Reporting Company Criteria (29:43) - Sole Proprietorships and Reporting Requirements (30:59) - Navigating S Corps and HOAs Reporting (32:37) - Legal Implications and Attorney Involvement (33:59) - Complex Scenarios and Reporting Obligations (40:27) - Company Applicant Responsibilities (45:46) - Filing Requirements and Updates (50:44) - Conclusion and Next Steps Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Hosts on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Zach Warren from Thomson Reuters Institute and Amanda Aguillard from Padgett dive into the pressing challenges facing modern accounting firms, particularly those in the mid-sized range. They explore innovative solutions to the talent shortage, discuss the surprising resilience of time-based pricing, and emphasize the critical role of technology adoption in driving efficiency. This data-driven conversation offers practical insights for firm owners looking to navigate industry pressures and position themselves for sustainable growth.Connect with Zachary Warren, MBAhttps://www.linkedin.com/in/zach-warren-19403371https://www.thomsonreuters.com/en-us/posts/authors/zach-warren Connect with Amanda Aguillard, CPA CISDhttps://www.linkedin.com/in/amandaaguillardhttps://www.aguillardaccounting.comReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Lee & Tammy Sanders are back with another weekend edition of WRESTLING with the Topics! On this September 22nd edition:-What a weird week-Being a victim of car vandalism -Pass the wrench! I said the wrench!!!-Tammy's car woes-Making the Dean's List-Realtime reactions to the Luther: Never Too Much trailer-Janet Jackson doesn't think Kamala Harris is Black and she gets ripped on social media-Tito Jackson dies at 70 as new Jacksons album looms-D.C. local biz Canna Coffee shut down after owner delivers tirade to Door Dash driver-A massive 6-alarm fire in Baltimore, Maryland-Washington Nationals Demote C.J. Abrams and rightfully so-Todd McFarlane's Medieval Spawn project raises $2 million. $2MILLION!!!✅Want to treat Lee to a cup of coffee? Tip him using the links below✅https://streamelements.com/thercwrshow/tipCASH APP: https://cash.app/$RCWRshowPAYPAL: https://t.co/D9my4B4xfHBROUGHT TO YOU IN PART BY DeelitefulFinds.com via https://deelitefulfinds.com/Discover a curated selection of premium skincare, makeup, and personal care products. Whether you're looking to enhance your glow or indulge in top-tier hair and nail care, Deeliteful Finds has it all. Experience luxury and quality with every product. Visit DeelitefulFinds.com today and transform your beauty regimen! Deeliteful Finds – Where exceptional beauty begins.BROUGHT TO YOU IN PART BY Jipas.com via https://jipas.com/Offering an incredible range of luxury items across countless categories, all at unbeatable prices. From fashion and beauty to advanced technologies and home essentials, discover premium selections that fit your budget and lifestyle. Shop smart, live luxuriously. Visit Jipas.com today and experience affordable elegance! Jipas – Luxury within reach, just for you.BROUGHT TO YOU IN PART BY Axiom of Alchemy via https://www.axiomofalchemy.com/Check out the store: https://www.etsy.com/shop/AxiomofAlchemy?ref=shop-header-name&listing_id=1748125207&from_page=listingBROUGHT TO YOU IN PART BY www.cannaglobe.biz//sweetsensationsTired of dreaming about running your own cannabis dispensary but getting stuck on licensing and costs? We've got the perfect solution for you! Introducing Your Own Brand with Celebrity Partnerships! Imagine launching your own cannabis business with full support, even if you have zero experience. We provide training, handle shipping, and take care of licensing - all 100% legal.Learn more by visiting our website or call (702) 767-0683BROUGHT TO YOU IN PART BY  TOP TIER FINANCIAL GROUP VIA www.toptierfinancialgroup.comTop Tier Financial Group Inc is a group of Tax Attorneys, Enrolled Agents, and CPAs that specialize in Tax Resolution, Tax Preparation, Wage Garnishment and Bank Levy Release, Tax Lien Removal, Audit Representation, and Bookkeeping. We have over 15 years of knowledge and experience in the tax industry which we've developed a strategy to assist all taxpayers trying to obtain a Fresh Start!BROUGHT TO YOU IN PART BY ANCIENT SUPPLEMENTS VIA https://ancientsupplements.store/Ancient Supplements Store is a Veteran-Owned Business by a disabled veteran. Ancient Wisdom Meets Modern Science. Our supplements are inspired by traditional remedies used by ancient civilizations and enhanced with contemporary scientific research. Pure, Natural Ingredients: We use ethically sourced, all-natural ingredients, ensuring no harmful additives or artificial components. Made in the USA: All our products are manufactured in the USA, supporting local industries and ensuring high-quality production standards. ✅✅✅LISTEN THE RCWR SHOW ON THE FOLLOWING PLATFORMS✅✅✅SPOTIFY: https://rb.gy/oxea5uAMAZON MUSIC & AUDIBLE! https://rebrand.ly/jdt4b9vITUNES: https://rb.gy/rsax57PANDORA! https://rb.gy/3v3oc8 iHEARTRADIO: https://rb.gy/j0isjnTUNE IN: https://rebrand.ly/fgxyotxPODBEAN: https://rb.gy/16l350✅FOLLOW THE RCWR SHOW ALL THROUGHOUT SOCIAL MEDIA✅ http://www.twitter.com/TheRCWRshowhttp://www.Twitch.tv/RCWRshowhttp://www.facebook.com/THERCWRSHOWBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-rcwr-show-with-lee-sanders--1127880/support.

Columnist and The RCWR Show's Lee Sanders is back with his WWE RAW 9/23/24 review, results, highlights post showas Jey Uso vs Bron Breakker for the I.C. Title! Also fallout from the following:▶Jey Uso challenges Bron Breakker for the Intercontinental Title▶Drew McIntyre returns en route to his Hell in a Cell Match against CM Punk at WWE Bad Blood▶Sami Zayn looks to take down Ludwig Kaiser en route to GuntherAnd the latest in headlines including:▶Vince McMahon issues statement on his upcoming Netflix docuseries▶Ken Shamrock on not wrestling Chyna▶CM Punk banned from RiotFest▶Ric Flair announces he and Wendy Barlow part ways▶Flair will be Flair, and that's not a good thing▶Tony Khan teases AEW may be on MAX✅Want to treat Lee to a cup of coffee? Tip him using the links below✅https://streamelements.com/thercwrshow/tipCASH APP: https://cash.app/$RCWRshowPAYPAL: https://t.co/D9my4B4xfHBROUGHT TO YOU IN PART BY DeelitefulFinds.com via https://deelitefulfinds.com/Discover a curated selection of premium skincare, makeup, and personal care products. Whether you're looking to enhance your glow or indulge in top-tier hair and nail care, Deeliteful Finds has it all. Experience luxury and quality with every product. Visit DeelitefulFinds.com today and transform your beauty regimen! Deeliteful Finds – Where exceptional beauty begins.BROUGHT TO YOU IN PART BY Jipas.com via https://jipas.com/Offering an incredible range of luxury items across countless categories, all at unbeatable prices. From fashion and beauty to advanced technologies and home essentials, discover premium selections that fit your budget and lifestyle. Shop smart, live luxuriously. Visit Jipas.com today and experience affordable elegance! Jipas – Luxury within reach, just for you.BROUGHT TO YOU IN PART BY Axiom of Alchemy via https://www.axiomofalchemy.com/Check out the store: https://www.etsy.com/shop/AxiomofAlchemy?ref=shop-header-name&listing_id=1748125207&from_page=listingBROUGHT TO YOU IN PART BY www.cannaglobe.biz//sweetsensationsTired of dreaming about running your own cannabis dispensary but getting stuck on licensing and costs? We've got the perfect solution for you! Introducing Your Own Brand with Celebrity Partnerships! Imagine launching your own cannabis business with full support, even if you have zero experience. We provide training, handle shipping, and take care of licensing - all 100% legal.Learn more by visiting our website or call (702) 767-0683BROUGHT TO YOU IN PART BY  TOP TIER FINANCIAL GROUP VIA www.toptierfinancialgroup.comTop Tier Financial Group Inc is a group of Tax Attorneys, Enrolled Agents, and CPAs that specialize in Tax Resolution, Tax Preparation, Wage Garnishment and Bank Levy Release, Tax Lien Removal, Audit Representation, and Bookkeeping. We have over 15 years of knowledge and experience in the tax industry which we've developed a strategy to assist all taxpayers trying to obtain a Fresh Start!BROUGHT TO YOU IN PART BY ANCIENT SUPPLEMENTS VIA https://ancientsupplements.store/Ancient Supplements Store is a Veteran-Owned Business by a disabled veteran. Ancient Wisdom Meets Modern Science. Our supplements are inspired by traditional remedies used by ancient civilizations and enhanced with contemporary scientific research. Pure, Natural Ingredients: We use ethically sourced, all-natural ingredients, ensuring no harmful additives or artificial components. Made in the USA: All our products are manufactured in the USA, supporting local industries and ensuring high-quality production standards. ✅✅✅LISTEN THE RCWR SHOW ON THE FOLLOWING PLATFORMS✅✅✅SPOTIFY: https://rb.gy/oxea5uAMAZON MUSIC & AUDIBLE! https://rebrand.ly/jdt4b9vITUNES: https://rb.gy/rsax57PANDORA! https://rb.gy/3v3oc8 iHEARTRADIO: https://rb.gy/j0isjnTUNE IN: https://rebrand.ly/fgxyotxPODBEAN: https://rb.gy/16l350✅FOLLOW THE RCWR SHOW ALL THROUGHOUT SOCIAL MEDIA✅ http://www.twitter.com/TheRCWRshowhttp://www.Twitch.tv/RCWRshowhttp://www.facebook.com/THERCWRSHOWBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-rcwr-show-with-lee-sanders--1127880/support.

Roger and Annie discuss the unique challenges tax practitioners face as 2024 draws to a close. They explore the potential impact of the upcoming election on tax law, ongoing issues with the Employee Retention Credit, and the looming deadline for Beneficial Ownership Information reporting. The hosts provide insights on how to approach tax planning amidst uncertainty and offer practical advice for managing client expectations during this complex period.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (01:46) - Challenges in Tax Planning (03:07) - Election Impact on Tax Laws (07:14) - Potential Changes in Tax Provisions (16:38) - Electric Vehicle Tax Credits (21:30) - Tax Reform and Future Considerations (27:02) - Meeting with IRS Commissioner Werfel (28:24) - IRS Funding and Staffing Challenges (29:16) - Tax Scams and Fraud Prevention (32:57) - Employee Retention Credit (ERC) Updates (40:40) - Beneficial Ownership Information Reporting (50:22) - End-of-Year Tax Planning and Challenges (51:54) - Final Thoughts and Wrap-Up Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Hosts on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark Media

Lee and Tammy Sanders are back with another edition of WRESTLING with the Topics! September 15th 2024 synopsis:-Remembering Frankie Beverly of the soul-funk / r&b band Maze passing away-Lack of coverage on the passing of Frankie Beverly-Janes Addiction cancels show after lead singer punches guitarist on stage-Sad seeing bands from yesteryear still struggling internally with one another-Dave Grohl gets daughter's friend pregnant discussion-The saddest thing about that Ghrol/friend pregnancy? Roe v. Wade was overturned-How about that debate this week?-About all that eating dogs and cats silliness-Meanwhile in Georgia there was another school shooting-Lee's experience taking in-person classes this college semester after shooting-Lee provides a health update-Overall thoughts on WWE Smackdown USA Network premiere-WWE RAW moving back to two hours-Shannon Sharpe IG Live Fiasco-Final Thoughts / Show Wrap-Up✅Want to treat Lee to a cup of coffee? Tip him using the links below✅https://streamelements.com/thercwrshow/tipCASH APP: https://cash.app/$RCWRshowPAYPAL: https://t.co/D9my4B4xfHBROUGHT TO YOU IN PART BY DeelitefulFinds.com via https://deelitefulfinds.com/Discover a curated selection of premium skincare, makeup, and personal care products. Whether you're looking to enhance your glow or indulge in top-tier hair and nail care, Deeliteful Finds has it all. Experience luxury and quality with every product. Visit DeelitefulFinds.com today and transform your beauty regimen! Deeliteful Finds – Where exceptional beauty begins.BROUGHT TO YOU IN PART BY Jipas.com via https://jipas.com/Offering an incredible range of luxury items across countless categories, all at unbeatable prices. From fashion and beauty to advanced technologies and home essentials, discover premium selections that fit your budget and lifestyle. Shop smart, live luxuriously. Visit Jipas.com today and experience affordable elegance! Jipas – Luxury within reach, just for you.BROUGHT TO YOU IN PART BY Axiom of Alchemy via https://www.axiomofalchemy.com/Check out the store: https://www.etsy.com/shop/AxiomofAlchemy?ref=shop-header-name&listing_id=1748125207&from_page=listingBROUGHT TO YOU IN PART BY www.cannaglobe.biz//sweetsensationsTired of dreaming about running your own cannabis dispensary but getting stuck on licensing and costs? We've got the perfect solution for you! Introducing Your Own Brand with Celebrity Partnerships! Imagine launching your own cannabis business with full support, even if you have zero experience. We provide training, handle shipping, and take care of licensing - all 100% legal.Learn more by visiting our website or call (702) 767-0683BROUGHT TO YOU IN PART BY  TOP TIER FINANCIAL GROUP VIA www.toptierfinancialgroup.comTop Tier Financial Group Inc is a group of Tax Attorneys, Enrolled Agents, and CPAs that specialize in Tax Resolution, Tax Preparation, Wage Garnishment and Bank Levy Release, Tax Lien Removal, Audit Representation, and Bookkeeping. We have over 15 years of knowledge and experience in the tax industry which we've developed a strategy to assist all taxpayers trying to obtain a Fresh Start!BROUGHT TO YOU IN PART BY ANCIENT SUPPLEMENTS VIA https://ancientsupplements.store/Ancient Supplements Store is a Veteran-Owned Business by a disabled veteran. Ancient Wisdom Meets Modern Science. Our supplements are inspired by traditional remedies used by ancient civilizations and enhanced with contemporary scientific research. Pure, Natural Ingredients: We use ethically sourced, all-natural ingredients, ensuring no harmful additives or artificial components. Made in the USA: All our products are manufactured in the USA, supporting local industries and ensuring high-quality production standards. ✅✅✅LISTEN THE RCWR SHOW ON THE FOLLOWING PLATFORMS✅✅✅SPOTIFY: https://rb.gy/oxea5uAMAZON MUSIC & AUDIBLE! https://rebrand.ly/jdt4b9vITUNES: https://rb.gy/rsax57PANDORA! https://rb.gy/3v3oc8 iHEARTRADIO: https://rb.gy/j0isjnTUNE IN: https://rebrand.ly/fgxyotxPODBEAN: https://rb.gy/16l350✅FOLLOW THE RCWR SHOW ALL THROUGHOUT SOCIAL MEDIA✅ http://www.twitter.com/TheRCWRshowhttp://www.Twitch.tv/RCWRshowhttp://www.facebook.com/THERCWRSHOWBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-rcwr-show-with-lee-sanders--1127880/support.

Columnist and The RCWR Show's Lee Sanders is back with his WWE RAW 9/16/24 review, results, highlights post show covering the following:▶Damian Priest is out to destroy "Dirty" Dominik Mysterio▶CM Punk returns in the wake of vicious Drew McIntyre beatdown▶The Judgment Day look to defend their title against The New Day▶Braun Strowman will once again clash with "Big" Bronson Reed▶Sheamus battles Pete Dunne▶Natalya takes on Zoey Stark✅Also, the latest in headlines including✅-Mick Foley and Kurt Angle heading to GCW-Jeff Jarrett, Hulk Hogan and others heading to Highspots for virtual signings-JBL doesn't want Baron Corbin to be his last memory in wrestling-Lemmy Kilmister: Motorhead book dropping this month-WOW - Women of Wrestling set to host Las Vegas event, introducing the Buss Belt!-Thunder Rosa dealing with concossion-Shayna Baszler re-signed with WWE-Programming Notes and Show Wrap-Up✅Want to treat Lee to a cup of coffee? Tip him using the links below✅https://streamelements.com/thercwrshow/tipCASH APP: https://cash.app/$RCWRshowPAYPAL: https://t.co/D9my4B4xfHBROUGHT TO YOU IN PART BY DeelitefulFinds.com via https://deelitefulfinds.com/Discover a curated selection of premium skincare, makeup, and personal care products. Whether you're looking to enhance your glow or indulge in top-tier hair and nail care, Deeliteful Finds has it all. Experience luxury and quality with every product. Visit DeelitefulFinds.com today and transform your beauty regimen! Deeliteful Finds – Where exceptional beauty begins.BROUGHT TO YOU IN PART BY Jipas.com via https://jipas.com/Offering an incredible range of luxury items across countless categories, all at unbeatable prices. From fashion and beauty to advanced technologies and home essentials, discover premium selections that fit your budget and lifestyle. Shop smart, live luxuriously. Visit Jipas.com today and experience affordable elegance! Jipas – Luxury within reach, just for you.BROUGHT TO YOU IN PART BY Axiom of Alchemy via https://www.axiomofalchemy.com/Check out the store: https://www.etsy.com/shop/AxiomofAlchemy?ref=shop-header-name&listing_id=1748125207&from_page=listingBROUGHT TO YOU IN PART BY www.cannaglobe.biz//sweetsensationsTired of dreaming about running your own cannabis dispensary but getting stuck on licensing and costs? We've got the perfect solution for you! Introducing Your Own Brand with Celebrity Partnerships! Imagine launching your own cannabis business with full support, even if you have zero experience. We provide training, handle shipping, and take care of licensing - all 100% legal.Learn more by visiting our website or call (702) 767-0683BROUGHT TO YOU IN PART BY  TOP TIER FINANCIAL GROUP VIA www.toptierfinancialgroup.comTop Tier Financial Group Inc is a group of Tax Attorneys, Enrolled Agents, and CPAs that specialize in Tax Resolution, Tax Preparation, Wage Garnishment and Bank Levy Release, Tax Lien Removal, Audit Representation, and Bookkeeping. We have over 15 years of knowledge and experience in the tax industry which we've developed a strategy to assist all taxpayers trying to obtain a Fresh Start!BROUGHT TO YOU IN PART BY ANCIENT SUPPLEMENTS VIA https://ancientsupplements.store/Ancient Supplements Store is a Veteran-Owned Business by a disabled veteran. Ancient Wisdom Meets Modern Science. Our supplements are inspired by traditional remedies used by ancient civilizations and enhanced with contemporary scientific research. Pure, Natural Ingredients: We use ethically sourced, all-natural ingredients, ensuring no harmful additives or artificial components. Made in the USA: All our products are manufactured in the USA, supporting local industries and ensuring high-quality production standards. ✅✅✅LISTEN THE RCWR SHOW ON THE FOLLOWING PLATFORMS✅✅✅SPOTIFY: https://rb.gy/oxea5uAMAZON MUSIC & AUDIBLE! https://rebrand.ly/jdt4b9vITUNES: https://rb.gy/rsax57PANDORA! https://rb.gy/3v3oc8 iHEARTRADIO: https://rb.gy/j0isjnTUNE IN: https://rebrand.ly/fgxyotxPODBEAN: https://rb.gy/16l350✅FOLLOW THE RCWR SHOW ALL THROUGHOUT SOCIAL MEDIA✅ http://www.twitter.com/TheRCWRshowhttp://www.Twitch.tv/RCWRshowhttp://www.facebook.com/THERCWRSHOWBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-rcwr-show-with-lee-sanders--1127880/support.

Columnist and The RCWR Show's Lee Sanders is back with his WWE RAW 9/9/24 review as Hitman Bret Hart returns! Full WWE RAW 9/9/24 review, results, and reactions along with the latest in headlines that includes:-First week of classes in the books! How Lee's feeling-Addressing feedback from AEW All Out Post Show-Heaven forbid a veteran wrestle like Ricky Morton talks not doing chair shots to the head as rabid AEW fans attack him!-WWE RAW was much of a nothing burger this week and that's okay!-Hammerstone making NXT in-ring debut-Other folks Lee would love to see appear in NXT on the regular-Logan Paul and Kevin Nash trade digs-Logan Paul and Hulk Hogan s*ck each other off-AEW's The Blade ha successful back fusion surgery-WWE's Kiana James out with injury-Odyssey Jones fired from WWE over alleged domestic abuse allegations-R.I.P Comic Book writer John Cassady-R.I.P Veteran actor James Earl Jones-R.I.P singer and songwriter Frankie Beverly of the soulful band Maze-Programming NotesBROUGHT TO YOU IN PART BY NivaraPro.com via https://nivarapro.com/Ever feel like online shopping just doesn't hit the mark? Well, that's about to change. Let me introduce you to NivaraPro.com! Whether you're looking for the latest tech, home essentials, or a style refresh, they've got it all—handpicked to meet your standards. Fast shipping, top-notch quality, and service you can rely on, every single time. Trust me, this isn't just another store—it's a shopping experience you'll love and keep coming back to. So, check out NivaraPro.com today—Quality You Trust, Experience You Love.BROUGHT TO YOU IN PART BY DeelitefulFinds.com via https://deelitefulfinds.com/Discover a curated selection of premium skincare, makeup, and personal care products. Whether you're looking to enhance your glow or indulge in top-tier hair and nail care, Deeliteful Finds has it all. Experience luxury and quality with every product. Visit DeelitefulFinds.com today and transform your beauty regimen! Deeliteful Finds – Where exceptional beauty begins.BROUGHT TO YOU IN PART BY Jipas.com via https://jipas.com/Offering an incredible range of luxury items across countless categories, all at unbeatable prices. From fashion and beauty to advanced technologies and home essentials, discover premium selections that fit your budget and lifestyle. Shop smart, live luxuriously. Visit Jipas.com today and experience affordable elegance! Jipas – Luxury within reach, just for you.BROUGHT TO YOU IN PART BY Axiom of Alchemy via https://www.axiomofalchemy.com/Check out the store: https://www.etsy.com/shop/AxiomofAlchemy?ref=shop-header-name&listing_id=1748125207&from_page=listingBROUGHT TO YOU IN PART BY www.cannaglobe.biz//sweetsensationsTired of dreaming about running your own cannabis dispensary but getting stuck on licensing and costs? We've got the perfect solution for you! Introducing Your Own Brand with Celebrity Partnerships! Imagine launching your own cannabis business with full support, even if you have zero experience. We provide training, handle shipping, and take care of licensing - all 100% legal.Learn more by visiting our website or call (702) 767-0683BROUGHT TO YOU IN PART BY  TOP TIER FINANCIAL GROUP VIA www.toptierfinancialgroup.comTop Tier Financial Group Inc is a group of Tax Attorneys, Enrolled Agents, and CPAs that specialize in Tax Resolution, Tax Preparation, Wage Garnishment and Bank Levy Release, Tax Lien Removal, Audit Representation, and Bookkeeping. We have over 15 years of knowledge and experience in the tax industry which we've developed a strategy to assist all taxpayers trying to obtain a Fresh Start!BROUGHT TO YOU IN PART BY ANCIENT SUPPLEMENTS VIA https://ancientsupplements.store/Ancient Supplements Store is a Veteran-Owned Business by a disabled veteran. Ancient Wisdom Meets Modern Science. Our supplements are inspired by traditional remedies used by ancient civilizations and enhanced with contemporary scientific research. Pure, Natural Ingredients: We use ethically sourced, all-natural ingredients, ensuring no harmful additives or artificial components. Made in the USA: All our products are manufactured in the USA, supporting local industries and ensuring high-quality production standards. ✅✅✅LISTEN THE RCWR SHOW ON THE FOLLOWING PLATFORMS✅✅✅SPOTIFY: https://rb.gy/oxea5uAMAZON MUSIC & AUDIBLE! https://rebrand.ly/jdt4b9vITUNES: https://rb.gy/rsax57PANDORA! https://rb.gy/3v3oc8 iHEARTRADIO: https://rb.gy/j0isjnTUNE IN: https://rebrand.ly/fgxyotxPODBEAN: https://rb.gy/16l350✅FOLLOW THE RCWR SHOW ALL THROUGHOUT SOCIAL MEDIA✅ http://www.twitter.com/TheRCWRshowhttp://www.Twitch.tv/RCWRshowhttp://www.facebook.com/THERCWRSHOWBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-rcwr-show-with-lee-sanders--1127880/support.

Join Roger and Annie on this special episode, as they take you behind the scenes at the IRS National Tax Forum in Dallas. Through interviews with key figures from the IRS, professional associations, and industry leaders, this special episode offers unique insights into the current state of tax practice and policy. Listeners will gain valuable perspectives on critical issues facing tax professionals, including combating tax scams, improving IRS services, and the future of tax preparation standards.(00:00) - Welcome to Federal Tax Updates (00:39) - Coming to You Live From the Dallas IRS Tax Forum (01:56) - Welcome Jeff Phillips to the Show (16:57) - Welcome Melvin Hardy to the Show (32:43) - Welcome Christine Freeland to the Show (47:34) - Welcome Kelly Comegys to the Show (55:44) - Welcome Alan Pinck to the Show (01:06:37) - Welcome Nina Tross to the Show (01:20:53) - Welcome Terry Lemmons to the Show (01:33:27) - Thanks for Joining Us and Remember to Subscribe! Thank you to all of our guests: Jeff Phillips | Padgett | CEOMelvin Hardy | IRS | Director, Office of National Public LiaisonNina Tross | NSTP | Liaison for Tax & AdvocacyTerry Lemons | IRS | Chief, Communications & LiaisonKelli Comegys | NAEA | Senior Director of Strategy & MembershipChristine Freeland | NSA | Senior AdvisorAlan Pinck | Tax Talk Today | HostGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Hosts on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Columnist and The RCWR Show's Lee Sanders is back with his AEW ALL OUT Review, results, highlights, reactions along with fans takeaways from the Chicago pay-per-view event covering fallout as the ppv took a turn for the worst in shock value!✅Want to treat Lee to a cup of coffee? Tip him using the links below✅https://streamelements.com/thercwrshow/tipCASH APP: https://cash.app/$RCWRshowPAYPAL: https://t.co/D9my4B4xfHBROUGHT TO YOU IN PART BY DISCOUNT TV USA VIA https://www.discounttvusa.com/Welcome to Discount TV USA! We're your one-stop shop for all your streaming needs. Enjoy everything from the latest WWE and NFL sports to over 60,000 movies and countless series shows—all at one unbeatable price. Visit us at www.DiscountTVUSA.com for more info or to place your order today. Got questions? Drop us a message, and we'll be happy to help!BROUGHT TO YOU IN PART BY Axiom of Alchemy via https://www.axiomofalchemy.com/Check out the store: https://www.etsy.com/shop/AxiomofAlchemy?ref=shop-header-name&listing_id=1748125207&from_page=listingBROUGHT TO YOU IN PART BY www.cannaglobe.biz//sweetsensationsTired of dreaming about running your own cannabis dispensary but getting stuck on licensing and costs? We've got the perfect solution for you! Introducing Your Own Brand with Celebrity Partnerships! Imagine launching your own cannabis business with full support, even if you have zero experience. We provide training, handle shipping, and take care of licensing - all 100% legal.Learn more by visiting our website or call (702) 767-0683BROUGHT TO YOU IN PART BY  TOP TIER FINANCIAL GROUP VIA www.toptierfinancialgroup.comTop Tier Financial Group Inc is a group of Tax Attorneys, Enrolled Agents, and CPAs that specialize in Tax Resolution, Tax Preparation, Wage Garnishment and Bank Levy Release, Tax Lien Removal, Audit Representation, and Bookkeeping. We have over 15 years of knowledge and experience in the tax industry which we've developed a strategy to assist all taxpayers trying to obtain a Fresh Start!BROUGHT TO YOU IN PART BY MY-ED-MED! TIRED OF PAYING ALL THAT MONEY FOR VIAGRA OR CIALIS? CALL THE FOLKS AT MY-ED-MED AT 1-833-693-3633. BUY GENERIC VERSIONS OF THESE PILLS AND SAVE LOADS MONEY WHILE GETTING THE SAME GREAT RESULTS IN THE BEDROOM!!!BROUGHT TO YOU IN PART BY ANCIENT SUPPLEMENTS VIA https://ancientsupplements.store/Ancient Supplements Store is a Veteran-Owned Business by a disabled veteran. Ancient Wisdom Meets Modern Science. Our supplements are inspired by traditional remedies used by ancient civilizations and enhanced with contemporary scientific research. Pure, Natural Ingredients: We use ethically sourced, all-natural ingredients, ensuring no harmful additives or artificial components. Made in the USA: All our products are manufactured in the USA, supporting local industries and ensuring high-quality production standards. ✅✅✅LISTEN THE RCWR SHOW ON THE FOLLOWING PLATFORMS✅✅✅SPOTIFY: https://rb.gy/oxea5uAMAZON MUSIC & AUDIBLE! https://rebrand.ly/jdt4b9vITUNES: https://rb.gy/rsax57PANDORA! https://rb.gy/3v3oc8 iHEARTRADIO: https://rb.gy/j0isjnTUNE IN: https://rebrand.ly/fgxyotxPODBEAN: https://rb.gy/16l350✅FOLLOW THE RCWR SHOW ALL THROUGHOUT SOCIAL MEDIA✅ http://www.twitter.com/TheRCWRshowhttp://www.Twitch.tv/RCWRshowhttp://www.facebook.com/THERCWRSHOWBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-rcwr-show-with-lee-sanders--1127880/support.

Columnist and host of The RCWR Show, Lee Sanders returns with his WWE RAW 9/2/24 review as it's WWE Bash in Berlin fallout! New announcer Joe Tessitore debuts! CM Punk wants Championships after defeating Drew McIntyre! Lee discusses the following from tonight's WWE RAW:▶Ilja Dragunov vs. Dragon Lee vs. Dominik Mysterio▶Zelina Vega takes on Shayna Baszler▶Alpha Academy take on American Made▶Bianca Belair and Jade Cargill to celebrate regaining the WWE Women's Tag Team Title▶Damage CTRL fight The Unholy Union for WWE Women's Tag Team Title No. 1 ContendershipAlso, the latest in headlines including:▶NXT No Mercy 2024 Review▶Odyssey Jones being removed from WWE Roster! Sign he's done with company? ▶A WWE Hall of Famer inks new Legends Deal▶Bronson Reed announced with COVID & off the road▶Rocksteady does major layoffs after Suicide Squad game BOMBS!▶Lee gives future updates on the show moving forward as he returns to college this week✅Want to treat Lee to a cup of coffee? Tip him using the links below✅https://streamelements.com/thercwrshow/tipCASH APP: https://cash.app/$RCWRshowPAYPAL: https://t.co/D9my4B4xfHBROUGHT TO YOU IN PART BY Axiom of Alchemy via https://www.axiomofalchemy.com/Check out the store: https://www.etsy.com/shop/AxiomofAlchemy?ref=shop-header-name&listing_id=1748125207&from_page=listingBROUGHT TO YOU IN PART BY www.cannaglobe.biz//sweetsensationsTired of dreaming about running your own cannabis dispensary but getting stuck on licensing and costs? We've got the perfect solution for you! Introducing Your Own Brand with Celebrity Partnerships! Imagine launching your own cannabis business with full support, even if you have zero experience. We provide training, handle shipping, and take care of licensing - all 100% legal.Learn more by visiting our website or call (702) 767-0683BROUGHT TO YOU IN PART BY  TOP TIER FINANCIAL GROUP VIA www.toptierfinancialgroup.comTop Tier Financial Group Inc is a group of Tax Attorneys, Enrolled Agents, and CPAs that specialize in Tax Resolution, Tax Preparation, Wage Garnishment and Bank Levy Release, Tax Lien Removal, Audit Representation, and Bookkeeping. We have over 15 years of knowledge and experience in the tax industry which we've developed a strategy to assist all taxpayers trying to obtain a Fresh Start!BROUGHT TO YOU IN PART BY MY-ED-MED! TIRED OF PAYING ALL THAT MONEY FOR VIAGRA OR CIALIS? CALL THE FOLKS AT MY-ED-MED AT 1-833-693-3633. BUY GENERIC VERSIONS OF THESE PILLS AND SAVE LOADS MONEY WHILE GETTING THE SAME GREAT RESULTS IN THE BEDROOM!!!BROUGHT TO YOU IN PART BY ANCIENT SUPPLEMENTS VIA https://ancientsupplements.store/Ancient Supplements Store is a Veteran-Owned Business by a disabled veteran. Ancient Wisdom Meets Modern Science. Our supplements are inspired by traditional remedies used by ancient civilizations and enhanced with contemporary scientific research. Pure, Natural Ingredients: We use ethically sourced, all-natural ingredients, ensuring no harmful additives or artificial components. Made in the USA: All our products are manufactured in the USA, supporting local industries and ensuring high-quality production standards. ✅✅✅LISTEN THE RCWR SHOW ON THE FOLLOWING PLATFORMS✅✅✅SPOTIFY: https://rb.gy/oxea5uAMAZON MUSIC & AUDIBLE! https://rebrand.ly/jdt4b9vITUNES: https://rb.gy/rsax57PANDORA! https://rb.gy/3v3oc8 iHEARTRADIO: https://rb.gy/j0isjnTUNE IN: https://rebrand.ly/fgxyotxPODBEAN: https://rb.gy/16l350✅FOLLOW THE RCWR SHOW ALL THROUGHOUT SOCIAL MEDIA✅ http://www.twitter.com/TheRCWRshowhttp://www.Twitch.tv/RCWRshowhttp://www.facebook.com/THERCWRSHOWBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-rcwr-show-with-lee-sanders--1127880/support.

Roger Harris and Annie Schwab explore recent tax policy changes, including updates to voluntary disclosure programs and new IRS enforcement efforts. They discuss the ongoing challenges surrounding Beneficial Ownership Information reporting requirements and their potential impact on tax practitioners. The hosts also preview their upcoming live podcast recording at the IRS Tax Forum in Dallas, offering listeners a glimpse into this valuable industry event.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Welcome to Federal Tax Updates (02:19) - Current Political Climate in DC (02:53) - Legislative Updates and Tax Relief (08:49) - Digital Asset Reporting (09:32) - Security Summit and WISP (19:13) - Employer Retention Credit Updates (28:08) - IRS Moratorium and Fraud Analysis (31:39) - Penalties and Promoter Fines (32:24) - ERC Business Resurgence (35:12) - Beneficial Ownership Information Reporting (37:40) - Challenges and Uncertainties in BOI Compliance (46:54) - IRS Forums and Upcoming Events Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with Hale Sheppardhttps://www.linkedin.com/in/halesheppardhttps://www.chamberlainlaw.com/people-hale_sheppard.htmlConnect with the Hosts on LinkedInhttps://www.linkedin.com/in/rogerharrispbs/https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

I asked my personal accountant Colette Melott (CMA, EA) to join the Smart Cleaning Tribe for an Expert Call to help cleaning company owners understand their numbers and who to hire in their specific case. Colette starts this interview with the accounting basics. Bookkeepers helps you track transactions with your money coming in and your money coming out. In most cases, a bookkeeper does not help you apply what those numbers mean to anything. They are putting your puzzle together, but they're not telling you what the picture on the puzzle is. There are not too many certifications for bookkeepers. However a Quickbooks Pro Advisor is a great designation to find especially if your business utilizes Quickbooks. These certified bookkeepers are proficient enough to adapt your business numbers appropriately and legally to Quickbooks.Accountants puts it all together for you. Bookkeeping is a task of accounting, but they don't stop there. They take those numbers and apply meaning to them to help you make business and tax decisions. There are several designations of accounting professionals.General Accounting - This is an accountant with a Bachelor's Degree in accounting that operates UNDER a CPA or CMA licence. For example, Colette used to work in two corporate positions where the company held the certified accounting license and Colette worked under it. This is exactly how I operated as an engineer. GE held the Professional Engineer's license and I was a general engineer under this certification.Certified Public Accountant (CPA) - This designation is granted at the state level. The accountant must pass a high-level exam to obtain their CPA license. Plus, they must maintain this high-level each year. There is a high standard. At the corporate level, they are qualified to take the numbers a publicly traded company provides and certify them to the public. They are on the company's external team. However, most CPAs operate out of smaller offices and work with small private companies. Certified Management Accountant (CMA) - This is an international accounting designation. Therefore, their training must keep them familiar with domestic and international accounting standards. At the corporate level, they are qualified to be the comptroller or CFO to help the company compile the numbers to present to the public. They are on the company's internal team. The CMA must also pass a high-level initial and annual exam process to obtain and keep their license. There is a high standard.Enrolled Agent (EA) - The IRS has 3-part tax proficiency exam and certification process to enroll accountants in the IRS code. This allows them to prepare tax returns The Enrolled Agent is one of 3 designations that can legally represent you on an IRS audit. The other two designations that can do this for you are the CPA and the tax attorney.Tax Attorneys are the only ones who can practice law. They help if you need representation in tax court. This is a high level professional that you need when you're in trouble! Therefore, study this episode and hire the right professional so you never NEED this pro!That's part one of my interview with my accountant Colette. These are accounting designations I wised I knew 20 years ago. I hope that Colette helped you understand the landscape of accounting professionals. Would you like to connect with my accountant? You can find her at CMBA Solutions. 

Timothy Wingate Jr is the founder, and president of G+F Business & Financial Consulting, a licensed Enrolled Agent, and a construction accountant. Timothy provides specialized accounting and tax services helping business owners gain a better understanding of their finances and costs, allowing them to win better, more profitable bids. With first-hand knowledge of the construction industry, Timothy offers tools and financial guidance to improve his client's understanding of their finances and cash flow. He has a proven track record of success, including increasing a client's gross revenue by 75%, helping a new construction company finance Big CAT equipment in less than a year, and helping a client avoid criminal charges for over $500,000 in back payroll taxes. What problem do we solve? In today's episode, Gary Wilbers talks to Timothy Wingate Jr., a licensed enrolled agent and founder of G Plus F Business and Financial Consulting, about how to effectively manage finances for construction business owners. Small Business Answer Man's Shownotes: Timothy shares his approach to managing finances for construction business owners, highlighting the importance of understanding cost codes, estimating jobs correctly, and having a system in place for recording receipts. He discusses the need for business owners to have a good understanding of their financials, including accounts payable, accounts receivable, and cash flow, in order to make informed decisions about their business. He emphasizes the importance of having a good accountant and working closely with them to ensure that financial planning and tax planning are aligned. Timothy provides practical tips and strategies for construction business owners to overcome common challenges such as missed scheduling, lack of focus, and financial stress. Timothy recommends using a cloud storage system like DEXT to manage receipts and track financial documents. He also suggests having a strategic conversation with your accountant starting in October to plan for tax season. Get access to Timothy's resources on financial management and consulting for construction business owners. Check out Timothy's website for more resources on financial management and consulting for construction business owners. Timothy's Advice for Construction Business Owners: Understand your cost codes and estimate jobs correctly to ensure accurate financial projections. Have a system in place for recording receipts to track cash flow. Work closely with your accountant to ensure financial planning and tax planning are aligned. Focus on managing your thoughts and staying organized to reduce stress and increase productivity.  Connect with Timothy Wingate: Website  Instagram Facebook Linkedln Youtube Take the FREE Business Owners' Life Domain Assessment HERE Clarity Navigator Discovery Session – Sign Up HERE Learn more about Gary's Mastermind group at goascend.biz/the-mastermind-solution

Sean Richards, CPA and Director of YFP Tax, talks about the 10 common tax blunders he saw and how to remedy those mistakes to optimize taxes in the year ahead. Summary July might not seem like the time of year to think about your taxes, but for Sean Richards, CPA and Director of YFP Tax, it's a great time to make projections for the year ahead and remedy any blunders from last year's return.  Reviewing 10 common mistakes he saw made with taxes in 2023, Sean breaks down ways to optimize your tax plan from utilizing HSAs, to adjusting withholdings, to making sure any side-income is planned for appropriately. Sean's biggest piece of advice: planning ahead can help avoid these mistakes and can optimize your tax situation. About Today's Guest Sean Richards, CPA, received his undergraduate degree in Corporate Finance and Accounting, as well as his Master of Accountancy, from Bentley University in Waltham, MA. Sean has been a Certified Public Accountant (CPA) since 2015 and is currently pursuing his Enrolled Agent certification. Prior to joining the YFP team, Sean was the Senior Treasury Manager at PRA Group, a global debt buyer based in Norfolk, VA. He began his career at American Tower Corporation where, over 10 years, he held several positions in audit, treasury and accounting. As the Director of YFP Tax, Sean focuses on broadening the company's existing tax planning and preparation operations, as well as developing and launching new accounting offerings, including bookkeeping, payroll, and fractional CFO services. Mentioned on the Show YFP Podcast 165: The Power of a Health Savings Account YFP Blog: Why I'm Not Using My Health Savings Account to Pay for Medical Expenses YFP Tax - www.yfptax.com  Your Financial Pharmacist Your Financial Pharmacist on Facebook  Your Financial Pharmacist on Instagram Tim Ulbrich on LinkedIn Sean Richards on LinkedIn YFP Disclaimer YFP Newsletter