ACA penalty is a choice! Cool!!
When you file your 2016 form 1040 tax return, if you do not have an ACA compliant health insurance plan, you can actually choose an option to pay the penalty now, and if it gets repealed, you can ask for…
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…
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…
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…
Using the 80% rule to get your project moving forward
In life we always have a project, a goal, or something that we're working towards that we really need to focus on. There are all sorts of rules but 80% means when you get something to 80% of good you…
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…
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.…
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…
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…
Top 3 everyday! What are your top 3 today? Thunderstruck!
Make your top three list every night and tackle those tasks first thing the next morning before anything else gets done. If you get your big boulders done for the day, there's plenty of space left for all the little…
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…
How do you know if your tax preparer is getting you the lowest tax bill?
Why do we ask a ton of questions? The reason why we do that is because we are trying to make sure to squeeze every little last dollar out of the government and keep it in your pocket. If you…
So, what is the difference between a regular tax preparer and a Strategic Tax Coach /CTC?
A tax preparer is one who takes your data, inputs it into a tax return, and spits out a number for you. A strategic tax coach or certified tax coach is a person who goes over your details, your life,…
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…
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…
