Podcasts about tax burden

Nancy Churchill of Dangerous Rhetoric outlines a sweeping range of proposed tax hikes in Washington state, warning they could significantly burden working families. From payroll and real estate taxes to hikes on gas, events, and even nicotine alternatives, she breaks down why these proposals represent what she calls "a new kind of March Madness." Read the full column at https://www.clarkcountytoday.com/opinion/opinion-an-unacceptable-tax-burden/ #localnews #ClarkCountyWa #taxburden #Washingtonstate #gasprices #propertytax #governmentspending #Opinion #DangerousRhetoric

Frank & Frankie Guida discuss how proper tax planning, as opposed to mere tax preparation, can significantly reduce your tax burden throughout your retirement. By utilizing strategies like long-term capital gains, Roth conversions, and efficient withdrawal methods, they explain how you can maximize your retirement savings and minimize taxes. Schedule a complimentary appointment: A Better Way Financial CLICK HERE to register for one of our upcoming Tax-Smart Retirement Planning Dinner Workshops. Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.” Follow us on social media: Facebook | LinkedIn | YouTube See omnystudio.com/listener for privacy information.

Join Chris McCormack, CPA and Certified Tax Planner, on this episode of the Know Your Numbers REI podcast as he reveals how rental properties can serve as the ultimate tax shelter. Chris discusses strategies like cost segregation, 1031 exchanges, and depreciation to legally and ethically reduce your taxable income through real estate investments.He shares success stories of clients who have saved thousands in taxes and provides actionable tips for maximizing tax benefits. If you're a real estate investor looking to optimize your portfolio and save on taxes, this episode is a must-listen!••••••••••••••••••••••••••••••••••••••••••••➤➤➤ To become a client, schedule a call with our team➤➤ https://www.betterbooksaccounting.co/contact••••••••••••••••••••••••••••••••••••••••••••Connect with Chris McCormack on Social MediaFacebook: https://www.facebook.com/chrismccormackcpaLinkedIn: https://www.linkedin.com/in/chrismccormackcpaInstagram: https://www.instagram.com/chrismccormackcpaJoin our Facebook Group: https://www.facebook.com/groups/6384369318328034→ → → SUBSCRIBE TO BETTER BOOKS' YOUTUBE CHANNEL NOW ← ← ← https://www.youtube.com/@chrismccormackcpaThe Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

Sen. Jil Tracy (R-Quincy) joined Patrick this morning to discuss efforts to reduce the state's skyrocketing property tax burden.See omnystudio.com/listener for privacy information.

Look for silver linings in tough situations.Quick Tax TipWith Art WernerCPE TodayWith tax season in full swing, many accountants are deep in the trenches, sorting through clients' paperwork and preparing returns. While proactive tax planning is ideal, there are still opportunities to help clients optimize their tax situation—even in February and March.Tax expert Art Werner stresses that while year-end planning is crucial, tax professionals can still take strategic steps to ensure clients don't overpay.Click here for more Art Werner“Sometimes, we have to make the best of bad situations,” Werner explains. “If something unexpected happened to a client—whether it's a financial loss, a major expense, or a shift in income—there may be ways to maneuver the tax code to lighten the load.”

Dan Barrins (Senior Vice President in the Commercial Real Estate Group at Associated Bank) joins Steve Grzanich in today's Associated Bank Thought Leader conversation to talk about the recent property value announcement by Cook County Assessor Fritz Kaegi and what it means for residential and commercial real estate taxes. They also discuss how the new White House administration will affect the […]

A tragic plane crash occurred in the air above Washington D.C. when a commercial airliner collided with a military helicopter. Jane and her guest co-host for the day, Angela Lang executive director of BLOC, react to the response from President Donald Trump, new transportation secretary Sean Duffy, and Senator Ron Johnson. Then, Jane and Angele are joined by Tyler Byrnes from the Wisconsin Policy Forum to discuss their latest study into Wisconsin's state and local tax burden. As always, thank you for listening, texting and calling, we couldn't do this without you! Don't forget to download the free Civic Media app and take us wherever you are in the world! Matenaer On Air is a part of the Civic Media radio network and airs Monday through Friday from 10 am - noon across the state. Subscribe to the podcast to be sure not to miss out on a single episode! You can also rate us on your podcast distribution center of choice, they go a long way! To learn more about the show and all of the programming across the Civic Media network, head over to https://civicmedia.us/shows to see the entire broadcast line up. Follow the show on Facebook, X and YouTube to keep up with Jane and the show!

Think about it - what investments is supported by the government that let's you write-off taxes?Any questions?*** Start taking action right NOW! BOOK IS OUT! Grab Your Copy and learn how to get your feet wet in real estate investing Download episodes to your favorite platforms at idealinvestorshow.com Connect with us through social! We'd love to build a community of like-minded people like YOU!

A new audit reports that an estimated $1.2 billion in taxable value from new construction in Montana went unaccounted for over the last six years. The report identified several ways the properties are slipping through the cracks.

The post A Drop in WI Tax Burden appeared first on Wisconsin Family Council.

https://www.myheraldreview.com/news/education/ace-hardware-owner-states-his-support-for-svusd-budget-overrides-despite-higher-tax-burden/article_e7062ee4-961d-11ef-a9a4-77c84cd26d11.html#tncms-source=infinity-scroll-summary-sticky-siderail-latest  Today - we're discussing the Sierra Vista Unified School District's proposed budget overrides, an issue currently under review by both education officials and the community. These measures could bring new tax implications for both residents and business owners, with the aim of enhancing school safety and security.Support the show: https://www.myheraldreview.com/site/forms/subscription_services/See omnystudio.com/listener for privacy information.

Frank and Frankie discuss strategies for preparing for a secure financial future, focusing on retirement savings, understanding required minimum distributions (RMDs), and effective tax planning. They emphasize the importance of being strategic with RMDs and highlight the potential benefits of Roth conversions to minimize tax burdens. Connect with the team at A Better Way Financial  to get a second opinion on your retirement plan today! Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.”See omnystudio.com/listener for privacy information.

WBZ NewsRadio's Madion Rogers reports. 

On this week's show: Charisse chats with Matt Walker of the Maxwell Leadership Foundation. The importance of a holistic approach to retirement planning. The Trump Tax Cuts expire at the end of 2025. Is your retirement plan ready? The 60-40 portfolio is regaining relevance due to the changing interest rates. Like this episode?  Hit that Follow button and never miss an episode!

"My wife and I both have pensions. Can we do anything now to minimize the tax burden in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!  At what age should one start to consider Roth conversions from retirement accounts? How should we invest if interest rates fall?  Is it wise to save up enough cash to pay for a rental property for diversification? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com! Originally aired 8/28/2024

Text messages show SWAT officers flagged Trump rally shooter long before the attack Local officers spotted Crooks nearly two hours before he opened fire — but didn't confront him until the final minutes https://www.post-gazette.com/news/crime-courts/2024/07/29/trump-rally-shooting-thomas-crooks-fbi-update/stories/202407290056 Secret Service leader grilled by GOP over lack of firings for Trump security failures Acting Secret Service Director Ronald Rowe defended the agency's failure to fire any of the agents involved in the planning and response to the assassination attempt of former President Trump, saying he did not want to “rush to judgment.” Numerous lawmakers questioned why no agents had been removed from their posts during... View Article

Armenia's Draft Law on Mass Surveillance and Government Track Record of Cybersecurity FailuresConversations on GroongArmenia's Draft Law on Mass SurveillanceUSAID-funded Deal with AWSGovernment Track Record of Cybersecurity FailuresGuest:Artur Papyan - TW/@ditordRuben Muradyan - TW/@RubenMuradyanHosts:Hovik Manucharyan - TW/@HovikYerevanAsbed Bedrossian - TW/@qubriqEpisode 344 | Recorded: July 11, 2024Subscribe and follow us everywhere you are: linktr.ee/groong

The Adviser's What's Making Headlines podcast runs down the big news stories for the week into bite-sized chunks to keep you in the loop. Join host Annie Kane and The Adviser journalist Charlotte Humphrys as they discuss where the industry is on the payroll tax issue; insights gleaned from The Adviser's recent webcast on the matter with LMG, MFAA, Dentons, and PwC Australia; and why all brokers should be reviewing their documentation. This week, they cover: Takeaways from the payroll tax webcast. The Assistant Treasurer's meeting on clawback with the FBAA. The final step in the ANZ-Suncorp merger. And much more!

Brandon Hall, CPA shares his expert knowledge of passive activity loss rules, depreciation, and cost segregation to help you become a tax-savvy investor!

Transform the dreaded tax season into a time of profit and peace of mind by tuning in to this episode featuring Christopher J. Picciurro, CPA, MBA, PFS, ARA. From Roth conversions to maximizing your home office deduction, we'll provide actionable insights that not just educate but transform your financial landscape. So press the play button now!     Key Takeaways To Listen For Why you need to be proactive when planning your taxes Essential tax strategies to optimize your tax benefits What is the Augusta Rule and how to leverage it Why is real estate investing a top contender for tax efficiency? The correct way to claim home office deductions to enhance your tax savings     Resources/Links Mentioned In This Episode MileIQ QuickBooks     About Christopher J. Picciurro, CPA, MBA, PFS, ARA Chris is a highly respected expert in US-based Tax Planning and Strategy for Real Estate Investors, with international recognition as a presenter on the subject. He is an accomplished public speaker, recognized for delivering informative and engaging presentations at notable events.   Chris' commitment to bringing tax planning and strategy to the masses is evident in his efforts to bring his experience and proprietary tax planning system accessible to all. He believes in empowering taxpayers with the knowledge to make informed decisions and reduce their tax liabilities. Connect with Christopher Website: Chris Picciurro | Teaching Tax Flow Podcast: Teaching Tax Flow: The Podcast LinkedIn: Christopher Picciurro, CPA, MBA, PFS, ARA Connect With Us If you're looking to invest your hard-earned money into cash-flowing, value-added assets, reach out to us at https://bobocapitalventures.com/. Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554

Tax Foundation's State-by-state Tax Burden report -- Cache GOP convention a tough day for county incumbents

WBZ NewsRadio's Mike Macklin reports.

Dave and Debbie continue the discussion about Utah ranking #11 for most tax burdened state by Wallethub. Can Utah's tax burden be lowered?

Investors who own huge multi-family units and complexes swear by cost segregation studies, but what if you own smaller single family units?   Well, the same tax eliminating strategy and ability to capture the time value of money is available to you. Cost segregation continues to be a heavily misunderstood strategy, some people think it's a scam and many don't realize it can apply to their smaller investments. Ultimately, cost segregation gives us the ability to use our dollars at their highest value and that's key for investors.   Who does the strategy apply to and how can you use it? What's the ultimate benefit of a cost segregation study?   In this episode, I'm joined by the founder of USTAGI, Joseph Viery. He shares how to add this strategy to your wealth building arsenal.   This gives you the time value of money. You want this big deduction today because the dollar today is worth a hell of a lot more than a dollar in 27.5 years. -Joseph Viery  Three Things You'll Learn In This Episode    -Claw back your money Can we use a cost segregation study to reclaim past tax benefits?   -The power of acceleration Some would argue that there's no need to recapture money you'll get back anyway, but why is the time value of money so important to investors?   -Make your money work for you What's the first step if you're thinking of doing a cost segregation on your properties?   Guest Bio   USTAGI was founded by Joseph Viery with the goal of providing quality cost segregation studies. As a Cost Segregation Professional, CSP, he has helped property owners defer or eliminate millions of dollars in income taxes by leveraging IRS compliant cost segregation studies. Since becoming a CSP in 2007, Joseph has performed thousands of cost segregation studies for clients in various industries ranging from $500,000,000 commercial properties to $50,000 single family residences. He regularly presents at workshops nationally and is a frequent guest on industry podcasts. He has a natural ability to turn complex sets of guidelines into easy-to-understand topics.  For more information and to get a free analysis, go to http://www.ustagi.com/pmc

Are you tired of paying more taxes than necessary when withdrawing money from your corporation?As a business owner, effectively managing your finances and understanding the tax implications of withdrawing money from your corporation is crucial. Whether you're considering salary or dividend payments, or looking for ways to shelter money from taxes, this podcast episode is tailored to your needs.Unlock the secrets to smarter financial decisions for your business – listen to this insightful episode now and start optimizing your corporate withdrawals!What you'll learn: Gain Insights on Tax-Efficient Withdrawals: Learn the intricacies of choosing between salaries and dividends, and how each affects your tax obligations.Discover Wealth Retention Strategies: Understand how tools like permanent life insurance can help you shelter money from taxes and grow your wealth within the corporation.Expert Guidance for Financial Planning: Benefit from the shared expertise of Kyle and Jon on creating a compliant, tax-minimized retirement plan that ensures financial safety and maximizes leverage.Resources: Book a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!Looking for a new mortgage, renewal, refinance, or HELOC? Reach out to Jon to share some options.Follow/Connect with Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building Blueprint Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

A listener says, “Eventually, one spouse will pass before the other, which will often catapult the survivor into a significantly higher tax bracket. Shouldn't a Roth strategy take this into account?” James explores several factors that could positively and negatively impact a survivor's tax liability and what to consider when creating a Roth conversion strategy. Questions Answered: How can Roth conversions benefit married couples beyond tax savings?What factors should be considered when determining the optimal strategy for Roth conversions to protect a surviving spouse?Timestamps:0:00 - Steve's question3:40 - An example6:41 - 3 changes12:32 - Positive impacts15:22 - RMD calculations16:45 - Widows tax penalty19:46 - When to do Roth conversions23:40 - Big age gap28:45 - Start with a good reason29:57 - The bottom lineCreate Your Custom Strategy ⬇️ Get Started Here.

The RUNDOWN S4 E41: Biden Proposes Proposes Highest Tax Burden in History Please Support Our Sponsors: HITMAN INDUSTRIES - Visit them at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.hitmanindustries.net/⁠⁠⁠⁠THE CALIFORNIA REPUBLICAN ASSEMBLY - Visit them at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://cragop.org/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠USCOMBATGEAR.COM⁠⁠⁠ - Visit them at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.uscombatgear.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HAWG HOLSTERS - Visit them at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.hawgholsters.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/2anewsrundown/message Support this podcast: https://podcasters.spotify.com/pod/show/2anewsrundown/support

In this episode, I sit down with Daniel Honan, founder of Bookkeeping For Painters. Join us as we discuss how you can be more aware of your taxes and how you can proactively participate in easing your tax burden. Tax Withholding Estimator: https://www.irs.gov/individuals/tax-withholding-estimator Download our podcast-exclusive toolkit of templates for your painting company: ⁠www.paintergrowth.com/podcast/ ⁠ Learn how to grow your painting company NOW: ⁠go.paintergrowth.com?el=podcast ⁠ Free business breakthrough session with my team: ⁠go.paintergrowth.com/schedule?el=podcast ⁠ Free training series on Youtube: ⁠https://www.youtube.com/@paintergrowthblueprint⁠ Painter Growth Secrets Facebook group: ⁠https://www.facebook.com/groups/paintergrowth⁠

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. In this episode, Travis reviews a brief history of American tax law to give listeners an accurate perspective of how modern day tax policy fits into the broader historic landscape. He also shares some tips for stacking the odds in your favor when it comes to reducing your tax burden such as investing long term and investing in real estate.   Sponsors BAM Capital Syndication Attorneys

As 2023 comes to a close, this episode looks at what may be in store for the year ahead and covers things that investors and financial advisors should be considering going into 2024. Kim speaks to the state of the US market going forward and the outlook for international markets in the coming year. In addition, we take a closer look at why Kim views actively managed ETFs as superior, more tax efficient vehicles to mutual funds for investors. Lastly, we learn more about Main Management's firm culture and how Kim, and his partners, have created such a sticky culture there.Key Takeaways[02:52] - Kim's professional background and career highlights.[04:32] - What makes Main Management really stand out as a firm?[06:13] - Kim's current thoughts on the economy and  his outlook for 2024.[08:02] - Kim's view on interest rates and how investors should be treating their bond allocations.[09:26] - Advice for income oriented advisors who want to stick their investment dollars into money markets.[10:30] - The state of the US market going forward and the argument for staying diversified.[11:55] - Kim's philosophy around sector rotation and what sectors look attractive to him now.[13:43] - Council for investors concerned with income generation and de-risking their equity allocation.[15:23] - The outlook for international markets in 2024.[17:01] - How Main Management helps mitigate the tax burden for their clients.[19:31] - Why Kim views the ETF as a superior vehicle to mutual funds for investors.[21:46] - The importance of firm culture and how Kim has excelled in this area.[25:00] - Kim's favorite investment idea currently.Quotes[04:34] - "When we founded the firm 21 years ago, we wanted to build the strategies using liquid, transparent ETFs, which for all intents and purposes had really just started at that point. There were only one hundred, there are thousands of them today…but what we wanted to deliver, the why for the business, was we wanted to have a client first, exceptional service and deliver on expectations." ~ Kim Arthur[12:00] - "…Out of the eleven industry sectors that build up and make up the S&P 500, we typically overweight four of those. I'd love to be able to tell you ‘hey, every year all four of those are at the top of the price performance chart,' but it usually does not end up that way. There's typically a split of two of them up at the top and two of them at the bottom…[so] I like to say they're ‘seasoning.' " ~ Kim ArthurLinksKim Arthur on LinkedInMain Management“Surrender” by Cheap TrickElon Musk by Walter IsaacsonConnect with UsMeet Rusty Vanneman, Orion's Chief Investment OfficerCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 0067-OPS-1/9/2024Disclosure(s)Orion Portfolio Solutions, LLC, an Orion Company, is a registered investment advisor.

In this week's episode of the Print On Demand Cast, Josiah and Travis discuss tips for lowering your tax burden as a small business owner. While some may not apply to you and your business, it's worth thinking through some of these items. That said, please do not take this podcast as tax advice - make sure you consult a tax professional! In the Point Of Interest, they share their insights about their 2023 in review with the highlights from Spotify's Wrapped for Podcasters statistics. The episode ends with a round-up of their top subscription recommendations for small businesses. Enjoy the show! ⁠⁠https://printondemandcast.com⁠⁠⁠⁠https://printondemandcast.com/shop⁠⁠⁠⁠⁠⁠https://printondemandcast.com/facebook⁠⁠⁠⁠⁠⁠https://printondemandcast.com/youtube⁠⁠⁠⁠⁠⁠https://printondemandcast.com/instagram⁠⁠Sign up to get your FREE Annual Design Calendar!⁠⁠⁠⁠https://printondemandcast.com⁠⁠ -------- Other Links: https://printondemandcast.com/creativefabricahttps://printondemandcast.com/kittlhttps://printondemandcast.com/placeithttps://printondemandcast.com/everbeehttps://printondemandcast.com/erankhttps://printondemandcast.com/merchinformerhttps://printondemandcast.com/HPN Chapters: 00:01 Introduction and Welcome 00:33 Q4 Reflections 02:52 Weekly Dad Joke Segment 04:24 Year in Review: Spotify Wrapped 13:36 Tips for Lowering Your Tax Burden 34:59 Recommended Subscriptions for Small Businesses 50:03 Conclusion --- Send in a voice message: https://podcasters.spotify.com/pod/show/printondemandcast/message Support this podcast: https://podcasters.spotify.com/pod/show/printondemandcast/support

Dive deep into a thought-provoking discussion with Black Tax: Burden or Responsibility? | Episode 107 -  a critical topic tackled in this episode of Chilling With The Chaplins. Join Coach LJ and Lady Siza as they explore the complex layers of Black Tax and its impact on individuals and communities. What Will You Learn:·      Black Tax: Burden or Responsibility?: A profound exploration of the term "Black Tax" and its implications as both a financial and emotional burden, as well as a cultural responsibility.·      Understanding Black Tax: Define Black Tax in its historical context and acknowledge the financial contributions individuals make to support their extended families and communities.·      The Emotional Toll: Discuss the significant emotional and psychological impact of Black Tax, sharing personal experiences and stories to shed light on this emotional burden.·      Breaking The Cycle: Offer strategies to break the cycle of financial dependency, emphasizing the importance of financial literacy and planning to empower future generations.·      Cultural Responsibility: Debate the cultural aspect of Black Tax and its integral role in maintaining family bonds, while also considering individual financial aspirations. Black Tax: Burden or Responsibility? | Episode 108 is more than just a discussion; it's an invitation to understand and navigate the delicate balance between personal success and communal support. 

We are back with a brand new episode! __________________________________________ Nothing is certain except death and taxes.As a business owner, taxes are a double whammy—they affect both your personal and business life. Imagine working hard to build a business that's set to change your life when you sell it, only to watch taxes eat away at your profits. Thankfully, there are savvy tricks entrepreneurs can use to shrink taxes and pump up profits when selling their businesses. That's where Crystal Stranger comes in. Crystal is the Partner & COO of Cleer Tax, a company that helps US businesses and entrepreneurs navigate their taxes.  In this episode, Crystal joins us to discuss the various strategies entrepreneurs can use to reduce the amount of tax incurred when building and selling their online business.  She unpacks the most common types of taxes that businesses encounter and how to structure your business to cut down on the taxes you have to pay. Crystal also exposes the big tax blunders many business owners make—like skipping tax filings or setting up shop in high-tax states. According to Crystal, “A big mistake I see entrepreneurs make is using state addresses for vanity reasons, like having a California or New York address to make their business look established or cool. Some entrepreneurs also sign up for mailing addresses without specifying the location. Putting these addresses on your website, invoices or communications can create large tax liabilities in those states.” We also dissect the differences between an asset sale and a stock sale, with Crystal explaining how a stock sale can save non-US business owners massive amounts of money! You might not dodge taxes completely, but armed with the insights from this episode, you can certainly trim your tax bill and safeguard your hard-earned profits! Topics Discussed in This Episode: Crystal's background and how she ended up helping entrepreneurs with tax (02:23) The most common types of taxes that businesses encounter (06:08) The differences between LLC and C corp (09:45) Structuring your exit as an eCommerce business owner (12:23) How the Nexus tax system works for sales tax (19:26) The common tax mistakes entrepreneurs make when selling their business (31:09) Stock sale vs asset purchase (36:14) The best way to use the proceeds of your sale to grow another business (45:49) How tax applies to Holdco businesses (51:14) How sellers can make their business more attractive from a tax perspective (54:46) Mentions: Empire Flippers Podcasts Empire Flippers Marketplace Create an Empire Flippers account Subscribe to our weekly newsletter  Cleer Tax Sit back, grab a coffee, and learn how to reduce your tax liability and maximize your profits!

We're back with a brand new episode! ________________________________________ Nothing is certain except death and taxes.As a business owner, taxes are a double whammy—they affect both your personal and business life. Imagine working hard to build a business that's set to change your life when you sell it, only to watch taxes eat away at your profits. Thankfully, there are savvy tricks entrepreneurs can use to shrink taxes and pump up profits when selling their businesses. That's where Crystal Stranger comes in. Crystal is the Partner & COO of Cleer Tax, a company that helps US businesses and entrepreneurs navigate their taxes.  In this episode, Crystal joins us to discuss the various strategies entrepreneurs can use to reduce the amount of tax incurred when building and selling their online business.  She unpacks the most common types of taxes that businesses encounter and how to structure your business to cut down on the taxes you have to pay. Crystal also exposes the big tax blunders many business owners make—like skipping tax filings or setting up shop in high-tax states. According to Crystal, “A big mistake I see entrepreneurs make is using state addresses for vanity reasons, like having a California or New York address to make their business look established or cool. Some entrepreneurs also sign up for mailing addresses without specifying the location. Putting these addresses on your website, invoices or communications can create large tax liabilities in those states.” We also dissect the differences between an asset sale and a stock sale, with Crystal explaining how a stock sale can save non-US business owners massive amounts of money! You might not dodge taxes completely, but armed with the insights from this episode, you can certainly trim your tax bill and safeguard your hard-earned profits! Topics Discussed in This Episode: Crystal's background and how she ended up helping entrepreneurs with tax (02:23) The most common types of taxes that businesses encounter (06:08) The differences between LLC and C corp (09:45) Structuring your exit as an e-commerce business owner (12:23) How the Nexus tax system works for sales tax (19:26) The common tax mistakes entrepreneurs make when selling their business (31:09) Stock sale vs asset purchase (36:14) The best way to use the proceeds of your sale to grow another business (45:49) How tax applies to Hold Co businesses (51:14) How sellers can make their business more attractive from a tax perspective (54:46) Mentions: Empire Flippers Podcasts Empire Flippers Marketplace Create an Empire Flippers account Subscribe to our weekly newsletter  Cleer Tax Sit back, grab a coffee, and learn how to reduce your tax liability and maximize your profits!

Jeremy Hunt set out the Government's tax and spending plans in his Autumn Statement

The Chancellor has said the economy has "turned a corner" - as he set out the government's tax and spending plans. Also on the programme: as Israel says the expected hostage release has been delayed - we look at the Gulf state of Qatar's role in striking the deal with Hamas. And anti-Islam populist politician Geert Wilders is heading for a dramatic victory in the Dutch general election.

Hirsh Jain is the Founder of Ananda Strategy, a consultancy that serves many of California's leading cannabis brands and retailers, helping guide their competitive licensing efforts, expansion strategy, regulatory compliance and M&A activity within California. =================== About Cannabinoid Connect Thought-provoking discussions, expert insights, and captivating stories shaping the future of this transformative industry. Subscribe and follow via the following platforms: Website Spotify Apple Podcasts YouTube X Instagram Facebook  

Vacation Rentals with John. How to beat the Airbnb Algorithm.Join our new facebook group ---> facebook.com/groups/vacationrentalswithjohnEmail me: john@vacationhomehelp.com if you want to connect or if you want to receive the newsletter, please email me here.

On this episode of Whip Count, Rep. Paul Baumbach discusses measures that would put money in the pockets of working Delawareans by increasing the standard deduction and refundable Earned Income Tax Credit.

When we discuss tax policy, the conversation inevitably turns to who pays, who should pay, and how much they should pay.Unfortunately, the tax burdens debate is often missing a key point: how income transfer programs—like Social Security or Medicaid—affect households' tax burdens.When looking at the whole picture, just how progressive is our tax code? Timothy Vermeer, senior policy analyst, joins Jesse to take a closer look. They discuss what is missing from the progressivity debate, and what lawmakers at the state and federal level should keep in mind when they consider tax reforms and interstate competition.Links:https://taxfoundation.org/who-pays-taxes-federal-state-local-tax-burden-transfers/https://taxfoundation.org/question-1-massachusetts-millionaires-tax/Follow us!https://twitter.com/TaxFoundationhttps://twitter.com/deductionpodhttps://twitter.com/tevermeerhttps://twitter.com/solisjesseSupport the showSupport the show

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Mike discusses some tax proposals and how it affects you.See omnystudio.com/listener for privacy information.

Yonah is a powerhouse with property owners' tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has assisted clients in saving hundreds of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He's a real estate investor and host of the top podcast Weiss Advice. In this episode, Yonah goes into detail on how a cost segregation study works and how it can defer large tax bills upfront. He shares insight on how a cost segregation study is performed, the components involved, the right time to cost segregate, and dives into recapture tax truths. Yonah talks about how important it is to find the right tax representative who understands cost segregation.  Connect with Yonah: Email: yweiss@madisonspecs.com Website: www.yonahweiss.com Partner with us: www.takeoffcapital.co Follow the show on Instagram: @therealestatetakeoff

 #ElonMusk #Texas #California #TaxBurdenElon Musk has reportedly purchased thousands of acres of land in Texas to build his own town for employees to live and work. The proposed town, adjacent to Boring and SpaceX facilities, is said to include rental homes below the local market value and a Montessori school. Texas law requires at least 201 residents before incorporating an area, and plans call for the construction of 110 more homes. Musk's move to Texas comes as he criticized California for "overregulation, overlitigation, overtaxation." This video provides insights into the survey conducted by WalletHub, comparing California and Texas' tax burdens.COERICION - co·er·cionnounthe practice of persuading someone to do something by using force or threats."our problem cannot be solved by any form of coercion but only by agreement"#ElonMusk #Texas #California #TaxBurden #WalletHub #Boring #SpaceX #MontessoriSchool #RentalHomes #MarkCuban #MustangTexasDiscussion References : https://www.youtube.com/watch?v=6h393V0FuBwhttps://finance.yahoo.com/news/elon-musk-reportedly-building-own-165241581.htmlNewsom: Texans pay more in taxes than Californians. Is he ...The Sacramento Beehttps://www.sacbee.com › capitol-alert › article271288017

With each new year comes new opportunities and responsibilities—there are new things to figure out. And while most dentists love the idea of launching off the new year by trying new tax strategies, even more of us like waiting until the last minute to do just that.  HMP Consultants is a business that performs the whole nine yards: bookkeeping/keeping payroll, advisory services, income tax prep, tax estimates, tax planning, and more. This is a big deal: many CPAs only take care of one part of the package. The fact that Harsh operates within the niche of dentistry means he keeps things even cleaner than other CPAs who advertise the same services. It's time to take a step back and launch off on the right foot. That's why Harsh Patel, the owner of HMP Consultants, was so happy to step in for this week's episode and provide some advice. Their goal is to help practices maximize their growth by implementing tax-saving strategies and ensuring all compliance needs are done well on time. Every dentist is in a different phase of their career and, if they have the right CPAs on their team, then they'll always be leveling up. HMP Consultants is equipped to handle all your accounting needs, no matter how complex. Whether you require assistance at the corporate or personal level. HMP is ready to serve as your tax planners and accounting advisors. It makes sense: Harsh has a lot of family in the medical field. Harsh has been working with dentists for some time. His dental clients often come to him with situations he wishes he saw sooner, to say the least. So, what should we be thinking about this New Year? Common denominators: Business structure: This is a common problem with new dentists who've just acquired a practice. They need advising and consulting guidance. Their whole structure is wrong.  How so? There are so many business structures to choose from, and that's half of the battle. The right structure might come in the form of a local proprietorship, partnership, LLC, corporation, S-corp, DSOs—the list goes on. While S-corp is one that Harsh particularly advises, every situation is different.  The objective: cut costs. Don't overpay on taxes by knowing your books.  Scaling… We're constantly leveling up as practice owners… It's always good to get a fresh set of eyes—there's no harm in that. Startup with a consultation from HMP Consultants and, if there's anything that needs to be reconstructed, they'll handle that. Simply undergo their Benchmark Analysis, see how other practices are performing through various software, and decide what pivots you want to make. Ways to improve cash flow: Go to someone who knows what they're doing. Keep track of each month's balances. Dabble in projections—but don't take them too seriously. Learn about: How can you reduce the tax burden, according to Harsh? How can you stay on top of your finances better? How do you handle “familial factors,” “taking the throne,” etc…? Kids? Marriage? Elderly parents? How do you keep your eyes set on the business when life is changing around you, responsibilities are growing, etc.? Hint: It has something to do with tax planning, and it's not a one-time thing—it's year-round. How close do you want your CPA to be to your family? This is common sense: You don't want to get thrown under the bus, especially with all of the new laws and regulations.  What got Harsh interested in working with people like us? How do HMP Consultants offer the education component? What are some finance things that a dentist should be thinking about in 2023? What tips does Harsh have for you? And more! If you want to get in touch with Harsh, he's offering a free tax and accounting analysis session to practice owners where his company will immediately address issues and offer various levels of consulting. NIFTY DEAL: Offering a free tax and accounting analysis session to practice owners.

Ordinarily, taxes are not something that gets people very excited; more like orthodontics.

In today's episode, Alyssa Stankiewicz, associate director of sustainability research from Morningstar Research Services, and Megan Pacholok, manager research analyst from Morningstar Research Services, discuss the Labor Department's rule change involving ESG funds in workplace retirement plans. 00:00 Introduction00:47 The FTC tries to block Microsoft over their attempted buyout of Activision Blizzard 02:04 Campbell cooked up a strong start to the fiscal year02:55 Chewy chewed up some strong Q3 earnings04:23 What plan sponsors like employers are required to do when creating retirement plans?05:30 What was the Trump-era policy concerning ESG funds?07:13 What are the changes under the Biden era?08:26 Alyssa just mentioned qualified default investment alternatives, or QDIAs. And employers, sometimes they use these for workers who make retirement contributions but don't make investment choices. What do employers typically pick here?09:42 How could ESG funds factor into an employer's decision?10:59 Different perspectives about the adoption of ESG funds in workplace plans14:18 Tips on Taking Last-Minute RMDs in 2022  Read about topics from this episode.  Microsoft Stock Attractive Whether or Not Activision Deal Goes ThroughAlternative Funds Are Winners in 202290% of Companies Are Developing an ESG StrategyIf You Haven't Taken RMDs Yet in 2022, Watch This VideoWho Does and Doesn't Get to Skip RMDs Under the New 10-Year Rule  What to watch from Morningstar.Top Retail Stocks on Sale This Holiday SeasonShould You Buy Dividend Stocks in a Recession?Retiring Soon? Make Sure to Check Your Asset AllocationCheap Stocks For You to Consider Read what our team is writing:Christine BenzAlyssa StankiewiczMegan Pacholok Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonChristine Benz on Twitter: @Christine_BenzFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Mark Myers served in the Marines for 8+ years, and received the Distinguished Medal Award and Robert A. Mette Award for outstanding leadership. Today, he is the Founder and CEO of Peak Profit Solutions, a financial services company that for 15+ years has helped thousands of business owners permanently reduce their tax bill on average by 50% without replacing their CPAs or financial investment advisors. Over 90% of America's successful small and medium-sized businesses significantly overpay in tax, even if they're working with a highly experienced CPA or accounting firm. Today, they have helped thousands of companies increase profits and permanently reduce their annual tax bills so they can scale faster & accelerate their wealth. Social Media Links: https://www.linkedin.com/in/markshannonmyers/