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Tax Strategies For High Income Earners

Marketing funnels

I am talking about marketing because our Head of Marketing is in town this week and her specialty is building out a technical workflow of marketing and sales. She's taught me some really cool stuff and I thought I would…

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Happy Treason Day!!! (Happy 4th of July!)

Happy Treason Day and Happy Fourth of July! Today is the day when America gained independence from the Brits. It all started with the Tea Party. I would also like to share an exciting news with you all. We just…

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Lastpass, my technology savior

Last Pass is probably my favorite bit of technology. I don't know how we ever survived without it beforehand. Last Pass is this awesome little plugin that you can add to your Internet browser. Specifically for business owners, my favorite…

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Passport Restrictions

The federal government and the IRS are now working hand in hand. If you owe any taxes and have not set up a payment plan with the IRS to make sure that those taxes are going to get paid the…

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Learn or Succeed

What’s your favorite go to, live by saying? I like to keep a positive attitude so for me; I never lose. I only succeed or I learn. I learned this in Norway and it really stuck with me. Hey, everybody.…

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Gifting limits and you!

If you're a resident citizen of the US, you can give any other individual up to $14,000 per year. It is not a tax deduction to the person giving the money, but it is also not income to the person…

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What is cost segregation

Cost segregation is when a group of engineers come into a building, commercial or residential, typically over $500,000 mark, and do an engineering study to pull apart the different pieces of the building to segregate the costs. When you are…

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Life is Good: Remember to Weave in the Fun

No matter what you do, whether it's knitting, playing tennis, traveling, playing with your kids, taking walks in the forest or desert, make sure that you book time for yourself. As entrepreneurs we can get really busy, and sometimes work…

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Ideal tax scenario in real estate

"What is one of the best combinations to get the lowest possible tax bracket?" If a person has a W-2 job and is making fairly good money, and has the spouse who manages all of the family rental properties or…

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First Quarter Estimated Taxes

This year, April 15th falls on a Saturday which means normally it would roll to April 17th and I believe that April 17th is also a holiday in DC so some people even have until April 18th to file. Quarterly…

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Operating Agreements

Operating agreements are one of the most important documents for a business to have, especially if you are two partners that are not related or not married to each other. An operating agreement tells you what's going to happen in…

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