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Category: Investment

Investment

California Equity-Based Compensation

California Equity-Based Compensation Guidelines – Move from CA to Other States

ESPP, Individual Tax, Investment, Tax & Business /

The taxation of Restricted Stock Units (RSU), Incentive stock options (ISO), Non-Qualified Stock Option (NSO), and Employee Stock Purchase Plans (ESPP) for employee work in California (CA) can be affected by a relocation to another state. The tax treatment of RSU, ISO, NSO, and ESPP depends on the state in which the recipient was a […]

California Equity-Based Compensation Guidelines – Move from CA to Other States Read More »

Reduce Your Taxes On Salary Income

How to Reduce Your Taxes on Salary Income

Accounting Services, Business Tax Consulting, Family Wealth Services, Individual Tax, Investment, Payroll Taxes, Tax & Business, Tax Advisory Services, Tax Return Compliance /

This article was authored working with wikiHow, the world’s largest “how to” site, and also featured here on the wikiHow website. While you may have heard that nothing is certain but death and taxes, it is possible to reduce your US taxes to nearly zero, even when you’re paid a salary. Reduce your taxable income

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Government to Landlords: Drop Dead!

Government to Landlords: Drop Dead!

Business Tax Consulting, Individual Tax, Investment, Others, Tax & Business, Tax Advisory Services /

During this COVID-19 pandemic, landlords have two big possible problems: Tenants who can’t pay the rent. Tax losses they can’t deduct. We’ll start with the tenants and then move on to the rental property tax-loss issues. For the first time in U.S. history, residential landlords are subject to a sweeping nationwide federal moratorium on evictions

Government to Landlords: Drop Dead! Read More »

difference between nonprofit organization and foundation

What is the difference between a nonprofit and foundation?

Business Tax Consulting, Investment, Non Profit Organization, Others, Tax & Business, Tax Advisory Services /

We have already known a lot of charity entities in the world. They always had different operating under different business types; foundations, nonprofit organizations, or charities participate in our daily activities. We may use these terms incorrectly and interchangeably. Although all the organizations mentioned are to help the less fortunate in society, they differ in

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NONRESIDENT ALIENS AND THE § 121 PRINCIPAL RESIDENCE EXCLUSION

Nonresident Aliens and The Section 121 Principal Resident Exclusion

Family Wealth Services, Individual Tax, Investment, Personal Financial Management, Tax & Business, Tax Advisory Services, Tax Return Compliance, Tax Transaction Services /

Internal Revenue Code § 121 provides taxpayers with an income tax exclusion from the gain of taxpayer selling a primary residence. The exclusion amount for a single up to $250,000 and married couples will raise to $500,000. To qualify for the exclusion, the taxpayer-owned and used the property as the taxpayer’s principal residence for periods

Nonresident Aliens and The Section 121 Principal Resident Exclusion Read More »

Invest Opportunity

How to Invest in Opportunity Zones: Options to Get Started

Business Tax Consulting, Business Valuation, Investment, Start-Up, Tax & Business /

Many investors are now wondering how to invest in Opportunity Zones themselves. In addition to considerable immediate and long-term tax advantages, Opportunity Zone investments offer wider access to tax incentives. Unlike tax credit programs of the past, Opportunity Zone investments come with significantly fewer restrictions, which opens up access to the new investment option. Despite

How to Invest in Opportunity Zones: Options to Get Started Read More »

angel investors

The Secret Angel Investment Tax Credit That Could Save You Millions

Business Tax Consulting, Investment, S-Corporation, Start-Up, Tax & Business /

Section 1202 tax exclusion provides angel investors and entrepreneurs with a 100% tax break of up to $10 million.   Over the past few months, I’ve been surprised to find that very few angel investors and entrepreneurs are aware of one of the most important developments for startups in a long time. If you are

The Secret Angel Investment Tax Credit That Could Save You Millions Read More »

RSU_Equity_101

EQUITY COMPENSATION 101: RSUS (RESTRICTED STOCK UNITS

Individual Tax, Investment, Others, RSU, Start-Up, Tax & Business /

Equity Compensation Summary Restricted stock units (RSUs) are one way for companies to grant shares of company stock to employees. The term “restricted” refers to the vesting schedule, or the specified period that must elapse before you’re paid the shares of stock. You pay taxes on the value of the RSUs at vesting. You pay

EQUITY COMPENSATION 101: RSUS (RESTRICTED STOCK UNITS Read More »

investment

INVESTMENT-SPECIFIC INTEREST AND TAXES

Business Tax Consulting, Business Valuation, Individual Tax, Investment, Tax & Business /

Home- and Mortgage-Related Deductions Mortgage interest deductions capped In the past, homeowners who took itemized deductions could count interest payments on debt related to buying, building or “substantially improving” a home — on debt up to $1 million. That’s been capped at $750,000 and applies to homes purchased after Dec. 15, 2017. Homes bought prior

INVESTMENT-SPECIFIC INTEREST AND TAXES Read More »

file tax business-accounting-overwork

DO I HAVE TO FILE TAXES?

Business Tax Consulting, Business Valuation, Individual Tax, Investment, Payroll Taxes, Tax & Business /

Although nearly 200 million Americans file tax returns every year, not everyone has to. But new tax laws and other filing requirements may have changed. Whether some of these citizens who haven’t had to file before legally require to file a tax return now. Previously, your age, income level, and filing status (married, single, etc.)

DO I HAVE TO FILE TAXES? Read More »

IRS real-estate-or-property

USING THE INVESTMENT TAX AND INTEREST DEDUCTION WORKSHEET

Business Tax Consulting, Business Valuation, Individual Tax, Investment, Tax & Business /

IRS taxes on your net investment income can add up quickly, putting a serious dent in what you’ve made over the past year. Fortunately, the investment tax and interest deduction worksheet may provide a way to offset some of that cost. Help ensure more of that money stays in your pocket. Start by Learning What is

USING THE INVESTMENT TAX AND INTEREST DEDUCTION WORKSHEET Read More »

organized tax

Organized Your Tax Paperwork

Business Tax Consulting, Business Valuation, Estate and Trust Tax, Individual Tax, Investment, IRS Form 1041, Payroll Taxes, S-Corporation, Self-Employed, Start-Up, Tax & Business /

You’ve submitted your tax return for the year, so now what do you do? Instead of shoving all your records into a disheveled pile in a closet, now is a good time to get organized. Here are some tips on organizing tax records after you file to make sure you’re ahead of the game next year.

Organized Your Tax Paperwork Read More »

small businesses

How to File Federal Income Taxes for Small Businesses

Business Tax Consulting, Business Valuation, Individual Tax, Investment, S-Corporation, Self-Employed, Start-Up, Tax & Business /

Depending on your business type, there are different ways to prepare and file your taxes. When it’s time to file a federal income tax return for your small business, there are various ways you can do it, depending on whether you run the business as a sole proprietorship or use a legal entity such as

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