ACap ReCap: Financial and Tax Tips

UTMA, UGMA and 529 plans are all great options for parents who want to save up for their child's future. This episode can help you decide which one is best! ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation: https://www.acapam.com/contact/ 12031 Ventura Blvd., Su...

Did you know that you could donate your required minimum distribution (RMD) to charity? It can be a great way of giving back! In this episode we'll cover: What is an RMD and how does it work? What is a qualified charitable distribution and how to donate your RMD using QCD? What’s the maximum you can do with a qualified charitable distribution? Benefits of donating your IRA directly to the cha...

There are a couple of key differences between qualified dividends and non-qualified dividends. The big difference lies in the taxes! Listen closely if you're ready for an in-depth explanation of how this can affect you and your finances. ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm....

What's the difference between a W-2, W-9 and W-4? Which one should you file for your taxes this year? There are subtle differences you need to know! Let's go through each tax form in today's episode! ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation: ht...

In this episode we'll discuss whether or not to invest in cryptocurrencies and if so, how much of your portfolio you should allocate.  ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm.  Schedule a Consultation: https://www.acapam.com/contact/ 12031 Ventura Blvd., Suite 1 Studio City, Ca...

With the popularity of cryptocurrency continuing to rise, more and more people are learning how it works. So today, we're going to talk about taxation of cryptocurrency and how it could possibly affect you when you buy, sell or get paid using cryptocurrency. ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth man...

You may have heard about SPACs or a Special Purpose Acquisition Company. In this episode we will discuss: 1. What is a SPAC and why do they exist? 2. How do SPACs work? 3. Why are SPACs called Blank Check companies? 4. What is the difference between a SPAC and an IPO? ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealt...

Today, we're going to discuss the different types of #1099s . 📍From the most to the least common, learn which 1099 applies to you and what you have to do with them. ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation: https://www.acapam.com/contact/ 12031 Ventura...

Our subject matter expert in this episode is college counselor Evelyn Jerome-Alexander. The topics we cover during this webinar include: 1. How to get your child into college 2. College search and application process 3. Extracurricular activities for students 4. College entrance requirements: SAT, PSAT 5. Private schools vs. public schools 6. Education financing: student loans 7. Expected Family C...

In this episode our subject matter expert is healthcare attorney John Mills from Nelson Hardiman. The topic of discussion is Insurance Reimbursements.  In particular, we talk about: 1. Medicare reimbursement 2. Reasons of overpayment disputes with healthcare insurance companies 3. What are fraud, waste & abuse 4. Why a provider gets audited: reasons and consequences 5. How the provider can min...

The cost of college education is rising at more than twice the rate of inflation. Having the right type of investment vehicle is very important. A 529 plan is a type of college savings vehicle that you can use to save for your child's education. In this episode, I'll share the 9 benefits of 529 Plans. ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Ange...

The reasons why you should use a 529 plan are many, but there is always a downside. In my previous episode we talked about all the benefits to investing in these tax-advantaged accounts. Now, let me share some the disadvantages of a 529 plan to help you reach a final decision! ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full serv...

The rules for the inherited IRA changed dramatically under the SECURE Act of 2019. This episode defines inherited IRAs and the new 10 Year Rule for inherited IRAs as a result of the SECURE Act of 2019.  ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation: https://www.ac...

Did you have a loss you were unable to deduct? Then you were subject to the wash sale rule. This episode describes the wash sale rule and how to avoid it. ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation: https://www.acapam.com/contact/ 12031 Ventura Blvd., Suite 1 S...

The 1099 is a tax form that many people have heard of, but few know the details about who it applies to and why. I will take care of those questions right now! ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation: https://www.acapam.com/contact/ 12031 Ventura Blvd., Suit...

In this episode, we will discuss California Assembly Bill (AB) 150.  Some of the things we'll cover include: 1. What is California AB 150? 2. What is the Small Business Relief Act under California AB 150? 3. Which entities qualify for AB 150? 4. Which entities do not qualify for AB 150?  5. How to calculate the benefit of AB 150? 6. When are taxes due for AB 150? 7. What are some of the downs...

Our Subject Matter Expert in this episode is Benjamin Sarto, P&C Broker. The topic of discussion is Cybersecurity Insurance, in particular: 1. What is Cyber Insurance 2. Cybersecurity Pricing 3. Cybersecurity Coverage & types 4. Cyber Security Deductibles Ben Sarto Contact Information https://www.linkedin.com/in/benjamin-sarto-clcs-500b8373/ bsarto@gordoninsurance.com (650) 567-3562 ACap A...

Ara Oghoorian, President of ACap Advisors and Accountants, discusses inflation trends with Your Money host Kent Smetters on Business Radio, SiriusXM 132. This episodes is originally aired on Business Radio, SiriusXM Channel 132 ACap Advisors and Accountants is a fee-only fiduciary wealth management and full-service accounting firm based in Los Angeles, CA. Schedule a Free Consultation: https://www...

In this ACap ReCap episode we cover: 1. What is probate? 2. Why should you try to avoid probate? 3. Steps to avoid probate court. Read full article: https://www.acapam.com/taxes/how-to-avoid-probate/ Financial Advisor in Los Angeles, CA CPA in Los Angeles, CA Schedule a free Consultation: https://www.acapam.com/contact/ 12031 Ventura Blvd., Suite 1 Studio City, California 91604 (818) 272-8511 hell...

In this episode we cover: 1. What is a trust? 2. Do I need to setup a trust? 3. When you do NOT need a trust. 4. What is probate? 5. Do I need a lawyer to setup a trust? Read full article: https://www.acapam.com/taxes/what-is-a-trust-and-do-i-need-one/ Financial Advisor in Los Angeles, CA CPA in Los Angeles, CA Schedule a free Consultation: https://www.acapam.com/contact/ 12031 Ventura Blvd., Suit...

In this episode Ara & Matt explain what to consider when deciding whether to pay off your mortgage. Schedule a Consultation: https://www.acapam.com/contact/ Financial Advisor in Los Angeles, CA CPA in Los Angeles, CA 12031 Ventura Blvd., Suite 1 Studio City, California 91604 (818) 272-8511 hello@acapam.com www.acapam.com ACap's Financial Quick Tips 

Should you be making tax payments throughout the year? Depending on your source of income, the answer is yes. In this episode, Ara & Matt discuss what estimated tax payments are, who should pay them, and some strategies on how to navigate them. Don't wait until tax time, contact a CPA today like ACap Advisors & Accountants. Schedule a free consultation at https://www.acapam.com/contac...

In this episode,  Ara & Matt explain the differences between investing in individual stocks (like Disney, Apple, or Google) versus funds (such as ETFs like an S&P 500 index fund or NASDAQ fund) and what makes for a good investment portfolio. Looking for more information about investing and saving for retirement? ACap Advisors & Accountants is a Fee-Only wealth management and full-servi...

In this episode Ara & Matt explain the key differences between a Roth IRA and Traditional IRA, and how they can benefit you. Schedule a Consultation: https://www.acapam.com/contact/ Financial Advisor in Los Angeles, CA CPA in Los Angeles, CA 12031 Ventura Blvd., Suite 1 Studio City, California 91604 (818) 272-8511 hello@acapam.com www.acapam.com ACap's Financial Quick Tips 

In this episode, we will discuss stock splits and if they are good or bad for investors. Here are some of the questions we will cover: 1. What is a stock split? 2. What is the difference between a forward and a reverse stock split? 3. Is a stock split good or bad for investors? 4. How does a stock split affect my cost basis? 5. How does a stock split affect my taxes? Read Full Article: https://www...