Tax Free Living

Many states in America such as California have extremely high income taxes. However, this doesn’t mean that every state has income taxes. In fact, there are some states in America that don’t have income taxes at all. In this video, tax expert Karlton Dennis explains which states in America do not have any income taxes. Every year, many people move to these states in order to take advantage of the...

For many years, 529 plans have been one of the best ways to save for education expenses such as college tuition or books and school supplies. However, up until recently, people who wanted to spend money from their 529 accounts on anything besides qualified education expenses were forced to pay additional taxes and penalties on the money that they withdrew. But, starting in 2024, a massive rule cha...

Over the last two years, there have been some major changes to 401(k) retirement plans. Tens of millions of Americans have these plans and so these changes are going to impact a significant portion of the population of the United States. If you have a 401(k) plan, then you need to be aware of all of the key changes that are happening to these plans. In this video, tax expert Karlton Dennis explain...

The IRS announced that it will start requiring payment app companies to issue Form 1099-K to everyone who receives $600 in income through their payment apps starting in tax year 2025. For 2024, the income threshold to receive Form 1099-K is $5,000. The IRS will receive copies of all 1099-K forms that are issued by payment app companies. A lot of business owners use Cash App and Venmo for payments....

2024 is an election year in America and many politicians have been talking about the retirement age. Currently, the full retirement age in the United States is either 66 or 67, depending on the year you were born. However, politicians like Nikki Haley think that this age should be increased. In this video, tax expert Karlton Dennis discusses the changes to the retirement age that key politicians h...

Congress just announced a brand-new $78 billion bipartisan tax deal. This tax deal includes major tax changes that would impact individuals, families, and businesses. It has not yet become law. However, it could be passed in Congress in early 2024. In this video, tax expert Karlton Dennis breaks down all of the most important changes included in the new tax deal. This deal includes changes to bonu...

Do you need to shut down your LLC? Then it is EXTREMELY IMPORTANT that you close it down the right way. Otherwise, you could be forced to deal with giant fees, lawsuits, AUDITS, and a wide variety of other serious consequences. In this video, tax expert Karlton Dennis goes over every single question you might have that pertains to safely shutting down your business. *Disclaimer: I am not a financi...

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Hunter Biden, son of President Joe Biden, was indicted on 9 criminal tax charges in December, 2023. If he is convicted, he could be facing up to 17 years in prison. He was indicted by a federal grand jury in the state of California. In addition to the 9 criminal tax charges, the son of the president is also facing criminal charges for gun violations in the state of Delaware. A plea deal that invol...

Although many tax-saving strategies are geared towards business owners, it is still possible for W-2 employees to implement a variety of techniques to save a substantial amount of money in taxes. In this video, tax expert Karlton Dennis breaks down five of the best ways to reduce taxes on W-2 and active income. He covers real estate investing-based strategies such as qualifying for real estate pro...

Tesla, Inc. has long been known for its highly innovative electric vehicle designs. However, it appears that the company is on the brink of taking electric vehicle technology one step further. The company has been speaking about creating “robotaxis” for several years now. A robotaxi is a self-driving vehicle that is capable of picking up and dropping off customers without the need for a human driv...

Owning your own home is what nearly every American citizen strives for, but high property taxes can not only lower your housing options, it can affect your wealth if you decide to go through with it! In this video, tax expert Karlton Dennis highlights the top five states with the highest property taxes and discuss the pros and cons of living in each one. Make sure to watch until the end to learn e...

Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com In today's special video, tax expert Karlton Dennis lays out 5 key habits that he adopted to put behind a broke past and embracing the future of a millionaire. Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: https://karladennis.com/youtubeconsult 🤑 Watch this FREE Train...

Discover Top Secret Strategies To Paying Less In Taxes With Our 5 Day Tax-Free Wealth Challenge! October 30 - November 3 2023! Click The Link below for more info https://www.thetaxfreewealthchallenge.com/join-thechallenge Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: https...

Schedule a FREE 45 min video chat with a financial professional, CFP, or hybrid advisor at a time and date that works best for you! Click the link below for more info: https://moneypickle.com/karltondennis Discover Top Secret Strategies To Paying Less In Taxes With Our 5 Day Tax-Free Wealth Challenge! October 30 - November 3 2023! Click The Link below for more info https://www.thetaxfreewealthchal...

Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com Grow Your Tax and Accounting Business With Our 5 Day Tax-Free Wealth Challenge! October 30 - November 3 2023! Click The Link below for more info https://www.thetaxfreewealthchallenge.com/join-thechallenge Simple life skills can have immense effects on your psyche. They can lead you on to a natural...

Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge Today on Taxes Made Simple, tax expert Karlton Dennis goes over 5 key indicators that will tell you if your s...

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com As a man, you have obligations to fulfill in this world, especially when it comes to providing and protecting...

Learn the rich's tax secrets with my new book! Click the link below https://ebook.taxalchemy.com Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge Having children can be one of the most rewarding experiences in humanity, but let's be honest, starting a...

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge Thinking of starting a new business? The business structure you choose is integral to not only its success, but also how much you'll be paying in taxes down the road. Choosing the wrong structure can result...

This video is sponsored by D&B Click here for more info: https://dandb.7eer.net/c/1194115/1809623/2075 Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge On today's episode of Taxes Made Simple, Karlton dives into how you can increase your credit worthi...

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge You hear all the time how the rich don't pay their taxes and live their lives in luxury while the average Joe shells out most of his income to the IRS. What if I told you that you, yes....YOU, are capable o...

Grow Your Tax and Accounting Business With Our 5 Day Tax Growth Challenge! October 30 - November 3 2023! Click The Link below for more info https://taxgrowthchallenge.com/join-the-challenge What does the tax status of your LLC look like? If you're not aware of how to properly save for taxes for you new business, this is the video for you! EA Karlton Dennis goes over the exact budget you need t...