The CPA Zone: Tax Strategies for Small Businesses

Ryan takes another look at the Corporate Transparency Act and how it affects most small businesses. Discover what you need to do.   NOTE - after this episode was recorded and shortly before release a Federal District Court issued and order prohibiting enforcement of the Corporate Transparency Act.  The ultimate outcome is still unknown.  Would you like to become a client? Complete one of our clien...

In this episode, Ryan and Zach Wesolick, co-founder of ProCapitist Properties, discuss how having a strong network is key to unlocking opportunities and achieving sustained success in the world of real estate.   Get in touch with Zack:  Facebook:  https://www.facebook.com/zwessolleck?mibextid=LQQJ4d Instagram:  https://www.instagram.com/zachwessolleck_realtor/?igsh=MWN2bzBnanR4YmY3cQ%3D%3D Meetup:...

In today’s discussion, Ryan covers year-end tax planning strategies for real estate investors, operating businesses, and W2 employees, providing tips on maximizing deductions, deferring income, and taking advantage of tax-saving opportunities before the end of 2024.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Bo...

Is qualifying as a Real Estate Professional essential for profitable real estate investing?   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone 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....

Ryan explores various retirement plans, focusing on contribution limits and income restrictions.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting adv...

Ryan shares how Opportunity Zones can provide significant tax benefits. It's one of the top tax strategies available.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, leg...

Learn how to take advantage of a partial asset disposition to maximize tax savings on your real estate ventures!   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, o...

Today, Ryan tackles some burning questions like, “Do STR hours count towards REPS?” and “Can I do a 1031X from my name into a shiny new LLC?”   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be...

Ryan breaks down why it's crucial for S Corporation owners to keep an eye on their basis.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone 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. In...

Today Ryan answers the questions "Should My S Corporation Own Rentals" and what the tax implications of that look like.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, l...

Today Ryan discusses the tax benefits of making the election to be taxed as an S Corporation.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone 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...

Asher Fried of Credistry joins us to discuss the newly enhanced Sec 179D deduction.     Get In Touch With Asher: Asher Fried asher.f@credistry.com (917) 626-1455 https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone 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 o...

Today we discuss the House Hacking strategy and how your taxes are impacted.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone 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...

Ryan discusses the popular BRRRR strategy for real estate investors and explains how this strategy allows you to build your real estate portfolio in a tax efficient way.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended t...

Is it possible to exclude $10 million (or more) on the sale of your C Corporation? Ryan explains Sec 1202 and the exclusion available for Qualifying Small Business Stock.   Would you like to become a client? Complete one of our client intake forms here:  https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended...

Ryan discusses the business meals deduction and the various rules and requirements that must be met to take the deduction.   Would you like to become a client? Complete one of our client intake forms here:  https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, ta...

Today we discuss the auto deduction and your options for claiming the deduction.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone 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...

How do you deduct a home office? In this episode, Ryan explains the home office deduction and how to calculate it.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal,...

Ryan discussed the Qualified Business Income Deduction (QBID) available for pass through entity business owners.   Would you like to become a client? Complete one of our client intake forms here:  https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal,...

Ryan talks about paying your kids through your business and using that earned income to fund your kids Roth IRA.   Would you like to become a client? Complete one of our client intake forms here:  https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal,...

In this episode we discuss the various parts of a Partnership K-1 and explain the more common items. Use the link below to download a Sample K-1 and follow along. Sample K-1 Link:  https://drive.google.com/file/d/12zHpYaoO6bB75r53CjFq24kYx8Tt2C7n/view?usp=drive_link   Would you like to become a client? Complete one of our client intake forms here:  https://www.thepulicegroup.com/contact   Free e-B...

Today Ryan explains the importance of basis for partners. This applies to partners in operating partnerships as well as limited partners invested in syndications.   Would you like to become a client? Complete one of our client intake forms here:  https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to prov...

In this episode we talk about the various ways you make money by investing in real estate.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone 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. I...

Today we discuss the grouping election made available to real estate pros. This election allows real estate pros to combine their rentals into a single activity for purposes of hitting the material participation hours.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for genera...

In this episode we cover several ways real estate saves you money in taxes without qualifying as a real estate professional   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, ta...