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2018 Tax Changes For Businesses (2018 Business Tax Rules Explained!) Tax Cuts and Jobs Act 2018
 
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2018 Tax Changes For Businesses (2018 Business Tax Rules)2018 Business Tax Rules Explained!(Tax Cuts and Jobs Act 2018) 2018 Income Tax Changes for Businesses explained! (2018 Federal Income Tax Rules) . VERY DETAILED AND EASY TO FOLLOW.... Learn about Donald Trump's new tax laws. Tax Reform 2018. 2018 Federal Income Tax Rules! Downloadable notes included below. The Tax Cuts and Jobs Act bill brings numerous new changes to the world of taxes. In this video you learn how these changes may impact your personal tax return and your business. You can follow the links here to download the spreadsheet: https://www.dropbox.com/s/kxp38y9kw0zejgc/2018%20business%20tax%20updates.xlsx?dl=0 Video Outline and Time Stamps so you can quickly jump to any topic: • How to download business tax law updates spreadsheet - 0:37 • Business filing due dates - 2:12 • 2018 Corporate Tax Rates - 2:54 • Depreciation updates 2018 - 4:12 • Standard mileage rates- 6:25 • Meals and Entertainment and Fringe benefit rules - 6:40 • Excessive business loss limitation (IRC 461) - 9:33 • Net Operating Loss rules for 2018 - 10:24 • Business Interest Deduction Limitations IRC 163(j) - 11:09 • Business Research Expense Rules 2018 - 12:10 • Like-Kind Exchanges (1031 Rules for 2018) - 12:45 • Section 199A Deduction - 13:54 • Hobby Loss Rules 2018 - 18:33 • Minimum tax credit refundable for corporations - 19:33 • Important links - 20:08 Check out some of our other videos and playlists here: ♦ Investing in the stock market!: https://goo.gl/yVAoES ♦ Save money, budget, build wealth and improve your financial position at any age: https://goo.gl/E97nJj ♦ Learn more about how federal income taxes work: https://goo.gl/D1hCX1 ♦ Ways to improve your life at any age: https://goo.gl/uq72bu Subscribe for our future weekly videos. New videos typically every Sunday or Wednesday. Do not forget to help out a friend and share this information with them as well. About me: I'm passionate about helping people build wealth by learning more about personal finances, investing and taxes. My mission is to help people improve their financial position career and life. I also enjoy teaching others about the accounting profession, tech tips, and helping people overcome challenges in their everyday life as well as their career. You can find our content on other internet planets such as....... My Website: Moneyandlifetv.com Twitter: https://twitter.com/Mkchip123 Facebook: https://www.facebook.com/moneyandlifetv/ ***Disclaimer*** All of the information in this video is presented for educational purposes only and should not be taken as financial, tax, or investing advice by any means. I am not a financial adviser. Although I am a CPA I cannot advise someone for tax purposes without knowing their complete tax situation. You should always do your own research before implementing new ideas or strategies. If you are unsure of what to do you should consider consulting with a financial adviser or tax accountant such as an Enrolled Agent, or Certified Public Accountant in the area in which you live. Thanks for taking time to check out this video, and our channel. Have a great day and we will see you in the next video!
Views: 14061 Money and Life TV
How the Solar Tax Credit Works
 
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https://www.energysage.com/ The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 30 percent of the cost of installing a solar energy system from your federal taxes. Learn more about how the ITC can help decrease your cost for a solar panel system. The investment tax credit, or ITC, will give you 30 percent of your solar costs back as a credit on your federal tax returns. You can think of this as a 30 percent discount on the costs of going solar. If you own your solar panel system, you are eligible for the ITC. However, you aren’t eligible if you lease your solar panels, or if you signed a power purchase agreement. There’s no cap on how much you can claim with the ITC, but because it’s a credit and not a refund, you can’t get more back in a single year than you owe in federal taxes. Instead, the remainder of your credit will roll over into the next year. Here’s an example: if your system cost $20,000, then you’re eligible for 30 percent of that as a tax credit, or $6,000. But if you only owe $5,000 in federal taxes that year, then you’ll eliminate all of those taxes, and still have $1,000 leftover for the next year. For more details on how this works, we recommend you talk to your tax advisor. Unfortunately, the ITC won’t be available forever – it shrinks from 30 percent to 26 percent in 2020, and disappears altogether for homeowners in 2023. Take advantage of it today, and start shopping for solar on EnergySage. Resources: Congress extends solar tax credit: http://bit.ly/2wtpQD1 Solar ITC explained: http://bit.ly/2way2bG How to claim the solar tax credit: http://bit.ly/2MOgHyT
Views: 13045 EnergySage
8 Tax Deductions for Real Estate Investors 2018
 
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8 Tax Deductions for Real Estate Investors 2018 My favorite tax accountant Tom Wheelwright likes to say, “if you’re a real estate investor and you’re paying taxes, then you’re doing it wrong.” One of the top benefits of real estate investing is the enormous overall implication on your tax burden. In this video, I’m sharing eight deductions your tax advisor should be accounting for. I’ll talk about expenses like travel, education, and much more. If you want to make sure you have all your bases covered in order to lower your taxes, this video is for you! You'll learn about eight specific deductions you should be looking for in order to offset your income and maximize your tax benefits. I'll talk about travel, depreciation, home office, and much more. Press play to learn about eight tax deductions for real estate investors! Show notes page for this episode: morrisinvest.com/episode225 ProVision Wealth Strategists: https://goo.gl/BPr1cK EP022: How to Maximize Depreciation - Interview with Tom Wheelwright: http://morrisinvest.com/episode22 EP109: How to Write off Date Night on Your Taxes: http://morrisinvest.com/episode109 EP202: How Your Kids Can Invest in Real Estate with an IRA: http://morrisinvest.com/episode202 Tom Krol Wholesaling: The Easiest and Fastest Way to Make Money in Real Estate: https://goo.gl/SB4cyY Home Office Deduction - IRS: https://goo.gl/Z9MmHV BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/EbDRWj VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp1LPllyyeQho_ouMhrbOy6 VIDEOS ABOUT REAL ESTATE NEWS https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp7aUQgMPmAanHSYgP-UI0i SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://www.youtube.com/c/MorrisInvest SUBSCRIBE TO THE iTUNES PODCAST: iTunes: https://goo.gl/tSfSM8 FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 65742 Morris Invest
IRS Webinar: Small Business Owners  Get All the Tax Benefits You Deserve
 
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Please Subscribe for more videos. Please comment with any questions and like. Small Business Owners: Get All the Tax Benefits You Deserve - Webinar (June 18, 2013) Find out about allowable IRS tax credits, deductions and more that small business owners may be able to take advantage of. Webinar Description: Learn about business expenses and deductions What is a business depreciation deduction? Find out which business tax credits are available for your business Get the latest facts about the American Taxpayer Relief Act What are the qualifications for the Earned Income Tax Credit? Link: http://www.irsvideos.gov/GetAllTheTaxBenefitsYouDeserve/
Views: 46139 Joan Ferreira
Avoid Paying Taxes Legally!!! The Power of A Home-based Business
 
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Chinaza Duson, Small Business Tax Strategist, is also a highly sought after Tax Strategist empowering thousands w/advice on why the MUST own a homebased business. Now! Connect with me and START a legitimate homebased business TODAY: http://www.workwithcoachchi.com Chinaza Duson | 404.464.6733 | [email protected] www.certifiedtravelconsultant.com - my business of choice Text Chinaza to 40691 1st Email: [email protected] | 404.464.6733 | 2nd Email: [email protected] | 404.229.5566 - Secondary | NOT only am I #homebased business strategist, a certified tax preparer. I am a National Diamond Council Team Leader in Paycation Travel. We have the perfect vehicle to help you maximize on these amazing tax breaks I speak on here! Contact me today to get started http://www.browngirlgone.com ---- (travel blog) http://www.goodgirlstravel.com (the best tax deductible business) http://www.truthinduced.biz (www.yourtaxgirl.com)
Views: 362796 Chinaza Speaks
20% Business QBI Deduction Tax Rules Explained!  - Very Detailed
 
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20% Business Deduction Explained! (How the 2018 199A Qualified Business Income Deduction Works) Part 1 of 2 The downloadable word doc handout can be found here:https://www.dropbox.com/s/k55x8s0lxfexyql/199A%20Handout.docx?dl=0 For a complete over view of the business tax law changes please see this video here: https://youtu.be/eAkx_6kaOE8 My complete tax playlist can be found here: https://www.youtube.com/playlist?list=PLSofnwEEZdUwO76397C824IRz5xofXEQz Time Stamps: •(What is 199A?) What is the qualified Business Income Deduction: 2:10 •What counts as qualified Business Income : 3:10 • Is rental income qualified business income? 3:41 • What is NOT qualified business income? 4:20 • Do you have to be active in the business to receive the qualified business income deduction? 5:48 • 199A Qualified business income deduction limitations 6:28 • 199A deduction calculation example: 7:25 • What type of businesses qualify for the 20% 199A deduction? : 10:32 • What is a qualified trade or business? : 11:35 • Income limitation phase in explained : 13:08 • What is a specified service trade or business?: 14:35 What is 199A? (How does the QBI Deduction Work) For the years beginning January 1st 2018 through December 31, 2025 A taxpayer other than a corporation is entitled to a deduction equal to 20% of the taxpayer’s “qualified business income” What is qualified business income? The taxpayer should determine their “qualified business income” for each business they own (If multiple businesses are involved) Qualified business income is defined as the net amount of qualified items of income, gain, deduction and loss with respect to a qualified trade or business that is effectively connected with the conduct of a business within the United States. Short-term and long-term capital gain and losses. What is not qualified business income? - Dividend income - Any interest income - Net gain from foreign currency transactions - Income from national principal contracts - Amounts received from an annuity - Compensation (Wages) - Guaranteed payments 199A deduction limitation: The deduction is limited to 20% of lesser of - Qualified Business Income OR - Taxable income AFTER reduction for any net capital gains, but BEFORE the 199A deduction is taken into account. Example: MFJ taxpayer has the following: - $100,000 of QBI (Qualified business income) - $100,000 in Long-term capital gains - ($30,000 of tax deductions) - Net taxable income in this example would be $170,000. The 199A deduction is limited to the lesser of $20,000 ($100,000 x 20%) or $14,000 (20% of $70,000). The $70,000 is calculated by taking the total net taxable income of $170,000 - $100,000 capital gains) = $70,000 Result: In this example is $14,000 199A deduction. This means $14,000 of this person’s business income is no longer subject to tax. Businesses and/or taxpayers who do not qualify for the 199A deduction: - C corporations do not qualify - Individual employees do not qualify. You have to have ownership interest in the business to qualify. What is a qualified trade or business? Every business is a qualified trade or business as defined under section 199A with the exception being. - The trade or business of performing services as an employee - A specified service trade or business Exception of 199A deduction for Specified service business: The deduction is allowed if the taxpayer claiming the deduction has taxable income of less than $315,000 (if married filing jointly; $157,500 for all other taxpayers). Because the two W-2-based limitations also do not apply when taxable income is below those same thresholds, a taxpayer in a specified service business with taxable income below the thresholds simply deducts 20% of any qualified business income (subject to the overall limitation). Where to find more information: - Irs Notice 2018-64 https://www.irs.gov/pub/irs-drop/n-18-64.pdf - IRS 199 Proposed Regs: https://www.irs.gov/pub/irs-drop/reg-107892-18.pdf - IRS FAQ re: 199A: https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-provision-11011-section-199a-qualified-business-income-deduction-faqs - Forbes article written by Tony Nitti: https://www.forbes.com/sites/anthonynitti/2018/08/09/irs-provides-guidance-on-20-pass-through-deduction-but-questions-remain/#e8c2c2c2ff84 - Article on 199A written by KPMG: https://home.kpmg.com/us/en/home/insights/2018/08/tnf-initial-impressions-proposed-regulations-irs-guidance-for-section-199a.html
Views: 9730 Money and Life TV
Rental Property Tax Deductions
 
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Rental Property Tax Deductions My mentor in real estate investing once said "if you invest in real estate and you're paying taxes then you're doing it wrong." In this video we are walking through ten tax deductions that you can take today if you're a real estate investor. VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp1LPllyyeQho_ouMhrbOy6 VIDEOS ABOUT REAL ESTATE NEWS https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp7aUQgMPmAanHSYgP-UI0i SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://www.youtube.com/c/MorrisInvest BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: http://www.morrisinvest.com LISTEN TO THE PODCAST: iTunes: https://itunes.apple.com/us/podcast/investing-in-real-estate-clayton/id1115024566?mt=2 FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 115338 Morris Invest
AZ Tech Leader Tells How the Angel Tax Credit Made His Business Possible
 
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Brian Cornelius, founder & CEO of RBar, tells how the Angel Investment Tax Credit helped him grow his technology startup in Arizona. The Angel Investment Tax Credit helps create and grow Arizona business by helping venture capitalist invest in technology companies like RBar. Please recapitalize the Angel Investment Tax Credit.
How to Calculate income Tax? | Tax calculations explained with Example by Yadnya
 
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This video has basics of Income Tax calculations with detailed example based on FY 2016-17 tax calculations - help you how to calculate Income Tax Most of us have no clue on how and what basis income tax is calculated on our income. We blindly believe on our company's Finance department or our tax consultant and do not even check the calculations. So, in this video, we have tried to simplify how Income tax is calculated on your income. Income tax assessment comprises of following stages: -Computation of total income. -Deducting valid deductions. -Determination of the tax payable thereon. -Paying the tax. -Filling Income Tax Return Form Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/InvestYadnya Facebook Group - https://goo.gl/y57Qcr Twitter - https://www.twitter.com/InvestYadnya
Tax Incentives Available to Oil and Gas Investors
 
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The oil and gas sector offers an appealing investment option because of the potential for lucrative returns and the tax incentives that are available. Many people are unaware that the Tax Act of 1992 was created with financial incentives to boost domestic oil and gas. The act includes provisions that allow oil and gas investors the opportunity to offset up to 100 percent of their investment capital. The ultra-rich enjoying taking advantage of these opportunities because there are no income or net worth limitations. There is no other investment category that receives the same range of tax breaks that are available to the oil and gas industry. Investors have several options to consider when investing in the oil and gas industry. 1. Tangible Drilling Cost are the actual costs associated with the drilling equipment for a project. These expenses are 100% deductible, however must be written off over a seven year depreciation span. 2. Intangible drilling costs: With the exception of the drilling equipment all items needed to drill a well are considered intangible. So this includes labor, mud, grease, chemicals and any other eligible items. These expenses usually make up between 65 and 80 percent of the total cost to drill a well and are 100% deductible. The deductible amount is contingent on the well being operational by March 31st of the following year. Whether or not the well actually produces or strikes oil does not affect the possible credit. 3. Active vs. Passive Income: A working interest in is not considered to be a passive activity. Therefore all net losses are active income and can be used to offset alternate forms of income like wages or capital gains. 4. Smaller Producer Tax Exemptions- is exclusively for small companies and investors. many consider this exemption to be the most attractive break for investor and refer to it as the "depletion allowance". This exemption allows investors to offset 15% of all gross income from an oil and gas investment. However an investor is not allowed to own more than 1,000 barrels of oil per day, or 6 million cubic feet of gas per day. There are four main categories available to individuals who are interested in investing in oil and gas. Each of the following categories have different risk levels, as well as individual rules for eligible tax incentives. Mutual Funds: Are the safest investment opportunities available for the oil and gas industry and perhaps that's why it doesn't come with any tax advantages. Partnerships: There are several types of partnerships available for oil and gas investors, however the most common is a limited partnership. These partnerships are sold as securities and limits the investors liability to the amount invested in the project. Royalties: are returns paid to individuals who own the land where oil and gas wells are drilled. Landowners can earn between 12 and 20 percent of the gross production revenue. Land owners are not eligible for tax incentives. Working Interests: is considered to be extremely high risk. The majority of investors who select working interests are extremely affluent and have an income that exceeds the taxable wage base for Social Security. While there are numerous benefits to investing in the oil and gas industry it's extremely important to remember that the discussed ventures are extremely risky. Per the FTC only accredited investors who have the financial means to withstand a devastating financial loss are eligible for these types of investments. Syndicate Leads is a lead generation firm that specializes in accredited investor leads for the oil and gas industry. If you are looking for quality investor leads please call 877-306-1952 or visit www.syndicateleads.com to learn more about our services.
What is the Federal Tax Credit for Solar Energy?
 
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The Federal Investment Tax Credit (ITC) for solar energy is perhaps the best biggest incentive to go solar right now. Quite simply, you get a 30% tax credit off the cost of your system and any other work you need done to go solar if you purchase your system, either with cash or through a loan. Pick My Solar was founded on the idea that clarity and transparency was important in the solar industry. By creating an online marketplace for homeowners, Pick My Solar is able to drive down the costs of solar while still providing the homeowner with a customized solar system from the best installers in their area. It is our mission to simplify the process of going solar, drive down costs, and provide the consumer advocacy necessary for solar to achieve broad market success. Click here for instant cost and savings estimates. Check out our bid generator: https://pickmysolar.com/app/bid-generator. Be sure to visit https://pickmysolar.com for more information and subscribe above to get notified whenever we post a new video! Follow us! Twitter: https://twitter.com/pickmysolar Facebook: https://facebook.com/PickMySolar Instagram: https://instagram.com/pickmysolar Google+: https://plus.google.com/+Pickmysolar1
Views: 22946 Pick My Solar
Investment Tax Credit Clock Ticking
 
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Dennis McCarthy - (213) 222-8260 - [email protected] - wtrbiz.com - Welcome to my new website, The Water Business, which picks up from my old Tumblr blog. My main message in this video is to point out to companies involved in the water business, that the clock is ticking on a valuable tax credit. This tax credit is worth 30% of qualified investment so it's significant. The American Taxpayer Relief Act of 2012, signed into law on January 2, 2013 extended the timing and revised the rules for qualifying for the Investment Tax Credit. The deadline was extended to the end of 2013 but the more significant change is that in order to qualify, the projects must have begun construction in 2013, not the tougher test of being placed in service in 2013. Given this more achievable goal before the deadline, your project may qualify. Click on the link to take you to an article with more information on this topic. I hope you enjoy my new website and find it helpful. Give me your feedback. Link to article: http://www.bakerbotts.com/file_upload/Update201301Tax-ProductionTaxCreditandInvestmentTaxCredit.htm
Views: 135 Dennis McCarthy
(Child Tax Credit Rules 2018) Child Tax Credit Explained (How the Child Tax Credit Works)
 
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Child Tax Credit 2018 Rules Explained (How the Child Tax Care Credit Works) Very Detailed). Includes downloadable spreadsheet. This video will cover the child tax care credit rules for both 2017 and 2018. Link to downloadable work doc: https://www.dropbox.com/s/qnsbxgb1z35b2xy/Child%20Tax%20Credit.docx?dl=0 Here are the time stamp shortcuts so you can jump to or go back to any point in the video! •How much is the child tax credit worth - 1:36 •How the child tax credit works - 1:50 •Is the child tax credit refundable? - 2:09 •Child tax credit adjusted gross income test - 3:30 •Child tax credit income phaseout (How it works) - 4:10 •Qualifying Child Test Rules for Child Tax Credit - 5:08 •Qualifying Child Test check the box rules - 8:00 •What worksheet to use for child tax credit - 9:00 •2018 Child tax credit rules! 2018 changes - 12:50 •Final things to know about the child tax credit. Very important - 15:00 2018 Child Tax Care Credit Changes and Updates (Per HR&Block) Under the new Tax Cuts and Jobs Act (TCJA) the following child tax credit changes will take place in 2018: • The Child Tax Credit under 2018 tax reform is worth up to $2,000 per qualifying child. The age cut-off remains at 17 (the child must be under 17 at the end of the year for taxpayers to claim the credit). • The refundable portion of the credit is limited to $1,400. This amount will be adjusted for inflation after 2018. • The earned income threshold for the refundable credit is lowered to $2,500. • The beginning credit phase out for the CTC increases to $200,000 ($400,000 for joint filers). The phase out also applies to the new family tax credit. • The child must have a valid SSN to claim the nonrefundable and refundable credit. Prior to the TCJA, the taxpayer who was eligible to claim the child’s dependent exemption was also the one eligible to claim the CTC. In turn, the taxpayer and child had to meet several “tests” for the one to be considered the dependent of the other. The TCJA eliminates the dependent exemption itself, but retains the definition of dependent to claim the CTC and other child- or dependent-related tax benefits. For Child Tax Credit reform purposes, this will usually mean that the child must be related to the taxpayer in one of several ways (son, daughter, grandchild, etc.), must live in the taxpayer’s home more than half the year, and must not provide more than half of his or her own support. Special rules apply if the parents are divorced or legally separated. As under previous law, strict due diligence requirements apply for tax professionals who prepare returns with the refundable Child Tax Credit during the 2018 tax year. All changes to the new Child Tax Credit expire after December 31, 2025. Check out some of our other videos and playlists here: ♦ Investing in the stock market!: https://goo.gl/yVAoES ♦ Save money, budget, build wealth and improve your financial position at any age: https://goo.gl/E97nJj ♦ Learn more about how federal income taxes work: https://goo.gl/D1hCX1 ♦ Ways to improve your life at any age: https://goo.gl/uq72bu Please subscribe for our future weekly videos. New videos typically every Sunday or Wednesday. Do not forget to help out a friend and share this information with them as well. About me: I'm passionate about helping people build wealth by learning more about personal finances, investing and taxes. My mission is to help people improve their financial position career and life. I also enjoy teaching others about the accounting profession, tech tips, and helping people overcome challenges in their everyday life as well as their career. You can find our content on other internet planets such as....... My Website: Moneyandlifetv.com Twitter: https://twitter.com/Mkchip123 Facebook: https://www.facebook.com/moneyandlifetv/ ***Disclaimer*** All of the information in this video is presented for educational purposes only and should not be taken as financial, tax, or investing advice by any means. I am not a financial adviser. Although I am a CPA I cannot advise someone for tax purposes without knowing their complete tax situation. You should always do your own research before implementing new ideas or strategies. If you are unsure of what to do you should consider consulting with a financial adviser or tax accountant such as an Enrolled Agent, or Certified Public Accountant in the area in which you live. Thanks for taking time to check out this video, and our channel. Have a great day and we will see you in the next video!
Views: 23467 Money and Life TV
How to write-off your kids' expenses on your taxes
 
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SUMMARY: If you have kids you know how expensive they can be. From the necessities to all the extras; the toys, the clothes, the entertainment, the extra curricular activities and so on... wouldn’t it be nice to get a brake and be able to write all of those expenses off on taxes? RECAP OF THE VIDEO: I am a real estate investor and a mother and in my business I don’t just focus on implementing strategies that allow me to make more money, but also focus on incorporating strategies that will allow me to keep the maximum amount of money that I make. In this video I will share a strategy that will allow you to keep more of your money by writing-off your kids’ expenses on your taxes. To implement this strategy you must get your kids involved in your business by putting them on payroll and paying them a salary. You can begin to put your kids on payroll as soon as they turn 6 years old and start giving them small jobs such as stuffing envelopes, shredding paper, cleaning, filing, bookkeeping, scanning... By taking this approach not only will you be saving taxes, but you will be teaching your kids small business ownership skills, self reliance and a concept of a job well done. To be able to pay your own kids, each one of them needs to have their own bank accounts set up and whether you operate as a Sole Proprietor or an LLC you will be paying your kids directly to their bank accounts from your business account if they are under 18 years of age, if they are 18 or older then issue them a 1099 or W2. If you operate your business as an S-Corp then you will need to set up a “Family Management Company” (but is only needed if paying children under 18 years old) which will operate as a Sole Proprietor and pay that “Family Management Company” the kids salary as a fee then transfer the money from there into their bank accounts, but if you have an S-Corp. and you are paying kids that are 18 or older you do not need the “Family Management Company” just issue them a 1099 or W2. The benefit of paying your own kids is that if they are under 18 years of age you do not need to issue workers comp. or FICA (except in Washington) also they will not need to file taxes if you pay them $6350 (in 2017) / year or less. Bonus [Real Estate Investing] Strategy: Now that your kids have earned income they can fund a ROTH-IRA which can become a partner in your next LLC which purchases a rental property and when you sell the rental property the money goes back to the ROTH-IRA and comes out tax free for college or retirement. ★☆★ Part 2 of this video series ★☆★ https://youtu.be/tT1uhgSzpmc ★☆★ TO LEARN THESE STRATEGIES GET THE FOLLOWING BOOKS ★☆★ 1.) The Tax and Legal Playbook: Game-Changing Solutions to Your Small-Business Questions: TO GET THIS BOOK CLICK THE LINK -https://goo.gl/DKqXTZ 2.) What Your CPA Isn't Telling You: Life-Changing Tax Strategies: TO GET THIS BOOK CLICK THE LINK - https://goo.gl/NxyopY 3.) The Business Owner's Guide to Financial Freedom: What Wall Street Isn't Telling You: TO GET THIS BOOK CLICK THE LINK -https://goo.gl/5vGJKq ★☆★ SUBSCRIBE TO MY YOUTUBE CHANNEL FOR VIDEOS ABOUT REAL ESTATE AND BUSINESS ★☆★ ► Velocity Banking/Real Estate Investing/Tax&Legal Course - Please email me at [email protected] for more information. ★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★ FACEBOOK: https://www.facebook.com/Laura-Pitko-1464576883611081/ INSTAGRAM: https://www.instagram.com/laura_pitko24/ DISCLAIMER: I (Laura Pitkute) am committed to providing legal and ethical information to the best of my knowledge at all times, but I (Laura Pitkute) am not a certified CPA, nothing I say in this video or comments should be taken as legal advice. Prior to applying any strategies I share in my videos or comments please consult with a competent professional.
Views: 31383 Laura Pitko
Getting the Most Out of Tax Credits for Your Business
 
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Tax credits can save your business big money, if you take advantage of them. Michael and David McMillian discuss various types of tax credits and how to get the most out of them. Part 1: Tax Credits and Incentives to Power Your Business https://youtu.be/zuARLxL-wss Appreciate the video? The best thank you is to check out our sponsors. See if they might be of value to you, or your referrals. http://commercialrealestateshow.com/check-out-sponsors/ Don’t miss a show of special interest to you, subscribe to our weekly show topic email notification. You’ll know who’s on the show and what it’s about. http://bit.ly/2gfoKSN You’re invited to subscribe to the show’s YouTube channel. http://www.youtube.com/subscription_center?add_user=BullRealty For more videos, podcasts, and articles, visit http://www.CREshow.com
30% Federal Tax Credit for Renewable Energy (Solar Panels)
 
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Hello thank you for checking out my video. My goal is to help get as many renewable energy systems installed as I can. This video is about the 30% Federal Tax Credit offered for Solar Electric installations. There are state and local incentives available that I will cover in following videos. Over the past 6 years I have been involved with over 500 different installation in Texas, Louisiana, and North Carolina. I am a NABCEP certified PV Installer and a Licensed Electrician. Please feel free to contact me though our website www.redgroupnc.com for a free quote. If you have questions or comments about this video please leave them here and be kind this is my first attempt at a youtube video. For more information visit us at www.redgroupnc.com Please also visit www.dsireusa.org
How tax breaks help the rich
 
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The US has a problem with income inequality. The current tax code makes it worse. Correction: At 2:20, we say that the Glenstone Museum is only open for private tours. But, in fact, it’s free and open to the public for scheduled tours. Subscribe to our channel! http://goo.gl/0bsAjO Check out our full video catalog: http://goo.gl/IZONyE Follow Vox on Twitter: http://goo.gl/XFrZ5H Or on Facebook: http://goo.gl/U2g06o Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. The gap between the rich and the poor in America looks more like developing countries than other Western nations. Trump and the GOP have proposed tax plans that will give massive tax breaks to the wealthy while it remains unclear if the middle class will get a tax benefit. Deductions give a greater proportion of tax breaks to people with higher incomes. The same charitable contribution from two different incomes will benefit the higher wage earner, because deductions give tax breaks in proportion with tax brackets. Other countries have eliminated certain tax deductions in favor of tax credits. Credits give breaks in proportion to the amount you give, not the amount you owe. There are two kinds of income in the US. We tax wage income at a higher rate than income earned in stocks and bonds. That means people who get their income from capital gains and stock market interest pay fewer taxes than the same income of someone who works for a paycheck.
Views: 2084399 Vox
QBI Tax Deduction - Examples of How Business Owners Can Save
 
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New and potentially big tax savings for small business owners in the QBI Tax Deduction. Watch for details. https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-provision-11011-section-199a-qualified-business-income-deduction-faqs
The 8 Best Tax Write Offs for Small Businesses in Canada
 
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If you are a small business owner in Canada, you may want to recognize the various tax deductions that will help save you money. In this video, the 8 best tax write-offs tips will be discussed. 0:27 – 1. Home-Office Expenses 1:00 – 2. Vehicle Expenses 2:08 – 3. Accounting and Legal Fees 2:23 – 4. Office Rent 2:39 – 5. Advertising 3:40 – 6. Meals and Entertainment 4:16 – 7. Insurance 4:36 – 8. Capital Assets Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharteredAccountant/ Instagram: https://www.instagram.com/madanaccounting/ Google+: https://plus.google.com/108551869453511666601/posts Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video. Music: Perspectives by Incompetech Animation: Created with GoAnimate
Views: 32531 Allan Madan
BUSINESS FRENCH = investment tax credit
 
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#frenchwithvincent #learnfrench #frenchwithvincent #frenchlessons FRENCH4ME.NET # THE BEST PLACE TO LEARN FRENCH Discover my premium platform with 100 000's of videos, exercises, pdfs, audio files, apps, e-books to learn French: http://www.french4me.net The platform is updated regularly, so be sure to visit it from time to time to benefit from the latest courses and products! AUDIO PLATFORM Download the audio tracks and start learning French right away! https://www.french4us.net/ SKYPE LESSONS Skype lessons just for you: http://www.french4you.net/learn-french-via-skype CORPORATE SOLUTIONS http://www.french4me.net/p/corporate THOUGHTS OR QUESTIONS If you have any questions, don't hesitate to contact me: http://www.french4you.net/contact-me/ SUPPORT Please support my free content on Youtube: http://www.french4you.net/paypal/ FIND ME ON INTERNET PREMIUM WEBSITE / http://www.french4me.net WEBSITE / http://www.french4you.net FACEBOOK / https://www.facebook.com/frenchwithvincent/ TWITTER / http://www.twitter.com/imagiers PINTEREST / http://www.pinterest.com/imagiers IMAGIERS IN YOUR LANGUAGE French for beginners, France, Free French lesson, French lesson, Learn French, French words, Pronounce French, French course, French video lesson, French for intermediate, French for advanced, French verbs, French grammar, Сазнајте Француски, Französisch lernen, 学习法语,學習法語,프랑스어 배우기, Aprender el francés, למד צרפתית , Apprendre le français, Μάθετε γαλλικά, जानें फ्रांसीसी, Belajar bahasa Perancis, Fransızca öğren, تعلم اللغة الفرنسية, Aprenda Francês, فرانسیسی سیکھیں, تعلم الفرنسية, یادگیری زبان فرانسه, Fransızca öğrenin, Free French lessons, French conjugation, French for beginner, french for beginners, French learning for beginners, French lesson, French teaching, French tenses, French verbs, French videos, learn french, learn French fast, learn French fast for beginners, Learn French for beginners, learn french from beginner
Low-Income Housing Tax Credit (LIHTC) Overview
 
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To learn about the next LIHTC webinar or workshop, visit: http://www.novoco.com/training. A brief overview of how the low-income housing tax credit (LIHTC) provides quality, affordable rental housing for communities and tax relief for its investors. Do you have questions about the topics presented in this video? Submit this form (https://www.novoco.com/podcast-topic-suggestion-form) and Michael Novogradac, CPA, may answer your question on his weekly Novogradac Tax Credit Tuesday podcast, available from https://www.novoco.com/podcast or iTunes.
Views: 70095 NovogradacCPAs
11 Surprising Tax Deductions You Should Be Using!
 
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With Tax Day approaching, there are many ways you can reduce the money you owe on federal income taxes, state income taxes, and local income taxes. Here are 11 deductions you can use to lessen Uncle Sam's punch! (PS - This only applies to US viewers, obvy. We'll be back to more internationally-relevant vids next time! :D ) Support How to Adult on Patreon at http://www.patreon.com/howtoadult HOW TO ADULT Posters Now Available from DFTBA Records! http://store.dftba.com/collections/how-to-adult Merchandise from Mike (including "Reading Changes Us" and "Everything Not Saved Will Be Lost" posters!): http://store.dftba.com/collections/t-michael-martin "How to Adult" is a "life skills" edutainment channel brought to you by Executive Producers Hank Green and John Green. Subscribe for new videos every week! Tumblr: http://learnhowtoadult.tumblr.com Twitter: http://www.twitter.com/learnhowtoadult Facebook: http://www.facebook.com/learnhowtoadult Created by: Emma Mills & T. Michael (Mike) Martin http://www.youtube.com/elmify http://www.youtube.com/tmikemartin Emma and Mike are also Young Adult novelists! Check out Mike's debut novel, THE END GAMES, at all online booksellers, including Amazon: (http://www.amazon.com/gp/product/0062201816/ref=as_li_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0062201816&linkCode=as2&tag=tmicmar-20&linkId=CF4ULRBEW6LATV3C) Check out Emma's debut novel, FIRST & THEN, at all booksellers, including Amazon: http://amzn.to/1Kch7b0 Written by: Alan Lastufka (http://alandistro.tumblr.com) & T. Michael Martin Hosted and Directed by: T. Michael Martin Edited by: Nathan Talbott (http://www.youtube.com/nathantalbott) Executive Producers: Hank & John Green http://www.youtube.com/vlogbrothers
Views: 131691 How to Adult
Understanding Tax Deductions, Exemptions & Credits - Thought Leaders
 
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In the first segment, Steve and Rob address tax deductions, tax exemptions and tax credits for individuals. They also touch on AGI and MAGI. In the second segment, Steve and Rob point out some fundamental tips for small business owners for end of the year planning. For more information about basic taxation and how it interacts in financial planning just write to [email protected] Syndicated financial columnist and talk show host Steve Savant interviews certified financial planner and registered investment adviser Rob O'Dell. Rob uses a unique client engagement tool entitled Mind Mapping, a visual display technology that is being implemented in consumer presentations. The Thought Leaders Series features some of the top minds in the financial industry and is sponsored by CreativeOne, an agent development organization. www.creativeone.com https://youtu.be/hgh8MaMCCzc
Views: 28762 CreativeOne
Do you Know How Canadian Tax Works? | Your Money, Your Choices
 
06:39
In today’s episode, I’m going to give you some insights into the world of taxes so that you can make the type of personal financial decisions that help you pay just what you need to and not more. If you have any questions after watching my video, make sure to leave them in the comment section below! Update: There is a calculation error at 1:19. It should be $44,718 with tax of 9,167.19 (at 20.5%) for total taxes of $15,959.19 and an average tax rate of 17.7% (74,040.81 leftover after taxes). ---------------------------------------------------- Visit PWL Capital: https://goo.gl/uPcXg7 Follow PWL Capital on: - Twitter: https://twitter.com/PWL_Capital - Facebook: https://www.facebook.com/PWLCapital - LinkedIN: https://www.linkedin.com/company/pwl-capital Follow Susan Daley on - Twitter: https://twitter.com/_SusanDaley - LinkedIN: https://linkedin.com/in/daleysusan
Views: 49928 Susan Daley
How To Flip Your Tax Refund Check To Get $50,000 In Business Capital (2018)
 
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Did you know that you can invest your income tax refund check to get access to a minimum of $50,000 in unsecured and uncollateralized business funding with: - NO Stated Income - NO W-2s - NO Bank Statements and - NO Tax Returns Required! Millionaire Real Estate Mogul and Serial Entrepreneur Jay Morrison explains how you can take $2,000 and get an ROI of 2100%. Schedule A FREE EZ Funding Consultation Today - Call 1-844-EZ-FUND-1 or visit https://useezfunding.com/ Get Your FREE 30 Minute Real Estate Investors Crash Course Today! Visit https://jaymorrisonacademy.com or Call 1-844-JOIN-JMA to Receive Your FREE Financial Game-Plan(Mon-Sat 9am-6pm EST) Stay Connected: https://www.instagram.com/mrjaymorrison/?hl=en https://www.facebook.com/JayMorrisonFanPage/ Author of Two Amazon #1 Best Sellers: Purchase Lord of My Land here: http://amzn.to/2mQddzU Purchase The Solution here: http://amzn.to/2obEqgL
Views: 83326 Mr Jay Morrison
Saving Money Smarter Vlog Series - Federal Business Energy Investment Tax Credit
 
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Stick around for 52 seconds - Cowan, Gunteski & Co., P.A.'s Corey Pignatello tells businesses and business owners how they can use the federal Business Energy Investment Tax Credit to save money.
Small Business Tax Tips to Maximize Your Tax Return
 
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Small Business Tax Tips to Maximize Your Tax Return: http://andrewshin.net As millions of small business owners get ready to file their taxes, they will be searching for exemptions that might be possible for their business. Luckily, there are many exemptions and credits that owners can take advantage of. By writing off certain expenses, a business owner can significantly reduce their tax burden and put the extra money towards growing their enterprise. First off, you must understand the difference between a credit and a write off. A credit is a dollar for dollar deduction from your taxable income. An exemption will qualify for only a percentage. Following is some useful small business tax tips that you can apply to help you maximize your tax refund. Auto repairs and mileage (1:20) -- Anyone in business has expenses relating to using a car. Unless your job is done from 100% cyberspace, you have to leave the house to meet with clients, network and pick up supplies. If your job is significantly sales oriented, this mileage can really add up. You can use a standard rate of 55.5 cents per business driven mile. That is not all though. If you use a newer vehicle, you can write off the additional depreciation related to your business expenses. Of course, if you use the car for both business and pleasure, you are only allowed to write off business miles. New business exemption (2:28) -- If you are a starting up a small business you are allowed to deduct up to $5000 for the first year that you are in business. This deduction is for things like supplies, utilities and repairs. This is for start ups only and only applies to the first year of your new business. You can either take the $5000 in a lump deduction, or you must deduct it in equal amounts over a period of 5 years. Bad Debts (3:39) -- If a customer stiffs you over a certain amount, you can claim it as bad debt and write it off. This bad debt deduction is only for products and is not for services. Interest (3:53) -- Most businesses do not start up without a little bit of financing. If you have a loan or credit card that you use, the interest on loans are completely tax deductible. Keep all your receipts in the event you get audited, so you can prove the charges were business related. Advertising and Promotions (4:54) -- Of course, this means big things like commercials, but it also means small things like business cards and stationary. If the item is used to promote your business, then it is tax deductible. The expenses of networking, like attending conferences and taking clients out to lunch are also deductible. If you are doing it to grow your business, then it is a deductible expense. If you started a new business and are getting ready to file your small business tax, your best bet is to talk to a CPA. There are virtually thousands of credits and exemptions that can be claimed for a new business. A CPA will be familiar with those credits and exemptions, so they will be able to maximize your refund. In addition, they will be able to tell you if certain things aren't allowed, of if your claiming expenses that are too high, and they will help you avoid the headache of an audit. To Your Success, Andrew Shin Blog: http://andrewshin.net Facebook: http://www.facebook.com/AndrewShin.Inc Twitter: http://www.twitter.com/AndrewShin7 http://www.youtube.com/watch?v=yqn9WemsOBQ
Views: 25654 imtips101
How to Write off your Auto Expenses in 2018
 
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UPDATE here for 2019!! NEW Info: https://youtu.be/MHmUtgL-E00 To sign up for my weekly newsletter, download my FREE E-Book "The 10 Best Tax-Saving Secrets Everyone Should Know", or make an appointment for a FREE interview with an attorney or CPA visit: http://www.markjkohler.com/youtube Mark Kohler breaks down how you can find ways to save on taxes with your auto expense in 2018- important changes in the law. If you liked this video give it a thumbs up and subscribe! Don't forget to hit that bell icon too so you can be notified every time I post a new video! Check out my Law Firm KKOS Lawyers at http://www.kkoslawyers.com Visit my Accounting Firm K&E CPAs at: http://www.ke-cpas.com
Views: 37003 Mark J Kohler
New Markets Tax Credit (NMTC) Basic Overview
 
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Describes the incentive the tax credit provides for companies to invest in low-income communities; shows the basic new markets tax credit structure and program definition. To learn more about the next NMTC conference, workshop or webinar, visit: https://www.novoco.com/events Do you have questions about the topics presented in this video? Submit this form (https://www.novoco.com/podcast-topic-suggestion-form) and Michael Novogradac, CPA, may answer your question on his weekly Novogradac Tax Credit Tuesday podcast, available from https://www.novoco.com/podcast or iTunes.
Views: 26231 NovogradacCPAs
Tax Credits for Business, Real Estate and Individuals
 
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Tax credits are a dollar for dollar sum subtracted from taxes you owe the government. Michael and his guests share how tax credits can be utilized to lighten your tax burden for you personally and for your business, and how they can be used in commercial real estate endeavors. If you run a business there are some often overlooked tax credits related to new employees, training and other business investments.
Economic Development: Last Week Tonight with John Oliver (HBO)
 
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State and local governments offer large financial incentives to attract employers to their part of the country. John Oliver explains what communities get, or often don't get, in return.  Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Views: 7238813 LastWeekTonight
New Child Tax Credit 2018
 
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The Child Tax Credit under 2018 tax reform is worth up to $2,000 per qualifying child. The age cut-off remains at 17 (the child must be under 17 at the end of the year for taxpayers to claim the credit). The refundable portion of the credit is limited to $1,400. For more info, visit us at aitatax.com **Disclaimer: This is not a tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Angel Investor Tax Credit Expansion Will Bolster High-Tech Business
 
01:51
The new law extending the successful Angel Investor Tax Credit Program to holding companies will make it easier for high-tech businesses to attract investments in their companies, the New Jersey Business & Industry Association said today as Gov. Chris Christie signed the bill, S-158 (Madden, D-4; Cruz-Perez, D-5)/A-3631 (Quijano, D-20; Schaer, D-36). “This law will promote investments that provide technology startups with the crucial capital they need to bring their innovative products to the marketplace,” said Andrew Musick, NJBIA’s vice president of Taxation and Economic Development. “Since the program began in 2013, the program has approved over $220 million in investments made to 51 New Jersey technology and life sciences companies,” Musick said. “By extending the program to holding companies, the Angel Investor Tax Credit Program will be better able to spur investment in New Jersey companies. “Small science and technology businesses need access to capital to grow, create jobs, and keep New Jersey’s high-tech economy moving forward,” Musick said. Angel investors can now invest in the holding companies of qualified New Jersey emerging technology businesses. Previously, they had to provide funds directly to the subsidiary to obtain the tax credit. For investments made by New Jersey S corporations, shareholders receiving a distributive credit can claim those credits to reduce gross income tax liability. Under the program, taxpayers seeking to claim the Angel Investor Tax Credit must receive approval from the NJ Economic Development Authority, which is permitted to make up to $25 million in tax credits available for qualified investments. In 2016, the state approved 251 applications through the program, which represented over $96 million in private capital into technology and life sciences companies throughout the Garden State.
Views: 62 NJBIA
Can you benefit from the Federal Solar Investment Tax Credit?
 
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It's tax season, which can be met with a cringe for some people, but not for those who went solar last year and qualify for the Solar ITC. The Federal Solar ITC is a 30% dollar for dollar tax credit for residential and commercial solar panel installations. Learn more!
Views: 164 RGS Energy
Small Business Health Care Tax Credit
 
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Small businesses and tax-exempts that provide health insurance coverage to their employees may qualify for a special tax credit.
Views: 21245 IRSvideos
R&D Tax Credits and Low-Cost Business Funding UK by Hamilton Wood & Company
 
02:51
UPDATED: Can you afford not to watch this quick 3min video? We explain how to grow your business fast, whilst leveraging your next competitive advantage. Starting and growing a business doesn't need to be difficult and thankfully, we've got your back on your journey. Why's that? (We hear you say...) Well, we help businesses like yours access very low-cost business funding and then work on your behalf to recover up to 1/3rd of their eligible business investment costs back, in most cases as a cash lump sum worth an average of a staggering £42,000.00 per £100k of investment Sounds a lot doesn't it! Well, when you realize you can be awarded up to 230% of staff wages, you can see the odds quickly stack up in your favour! We can help your business from just £1000 to over £600million. No matter what stage your business, we are here to help your business thrive. Contact one of our team now for a complimentary business growth appraisal. To learn more visit: https://www.hamiltonwoodandco.co.uk
Views: 144 Matthew Wood
2018 Tax Brackets
 
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2018 Tax Brackets are going to be vastly different from 2017. You really need to understand how the brackets work in order to do your best planning. The first thing to understand is the difference between Total Income, Adjusted Gross Income and Taxable Income. I can not stress this enough, your tax bracket is based on you TAXABLE INCOME! That is the amount of money you have after you factor in all your income and subtract any deductions and/or exemptions. Your total income is line 43 on page 2 of your 1040. Your adjusted gross income is line 37 on page 1 of your 1040. The difference between the two is for your itemized or standard deductions. Standard deductions GREATLY increased with the new tax law. $12k per person under 65 and $13,300 per person 65 and over. Now, the difference between your total income and your adjusted gross income, all on page 1 of the 1040 is the amount you were able to deduct "above the line". Above the line deductions are deductions you can take EVEN if you don't itemize. IRA contributions, some teacher expenses, health expenses etc. You can take these deductions even if your standard deduction is larger than your itemized deductions. Thus above the line deductions are more valuable than regular deductions. Makes perfect sense, right!!! Well guess what? In 2019 the whole 1040 that we've all grown to know and love will change. Purportedly it will become "simpler". We will see. So, don't tattoo these line items on your forearm yet. Just remember for 2018 and maybe no more , these are the tax brackets and may change. ================================= If you like what you see, a thumbs up helps A LOT. It tells YouTube that people are engaged and so the Youtube algorithm will show the vide to others who may be interested in the content. So, give me a thumbs up, please! Don't forget to SUBSCRIBE by clicking here: https://www.youtube.com/channel/UCSEzy4i9xrKPoaU9z0_XbmA?sub_confirmation=1 Contact me: [email protected] GET MY BOOKS: Both are FREE to Kindle Unlimited Subscribers! The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It https://amzn.to/2LHwQpt Strategic Money Planning: 8 Easy Ways To Put Your House In Order https://amzn.to/2wKGi50 GET ALL MY LATEST BLOGPOSTS: http://heritagewealthplanning.com/blog/ PODCAST: https://itunes.apple.com/us/podcast/josh-scandlen-podcast/id1368065459?mt=2 http://heritagewealthplanning.com/category/podcasts/ LET'S SOCIALIZE! Facebook: http://Facebook.com/heritagewealthplanning Linkedin: https://www.linkedin.com/in/joshscandlen/ Quora: https://www.quora.com/profile/Josh-Scandlen Google +: https://plus.google.com/u/1/108893802372783791910
Home Office Tax Strategies Write Off Home Office (BIG Home Office Tax Deductions [NEW!] )
 
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Find out about Home Office Tax Strategies and the correct ways to Write Off Your Home Office. Learn some basic tips and strategies that show you how to maximize and write off your home office! Becoming Tax Wise = 💰💰 FIND OUT MORE 👉https://AndersonAdvisors.com/tax-wise-workshop Toby Mathis answers questions during Tax Tuesdays a bi-weekly event open to YOU and getting YOUR tax questions answered! Get YOUR most pressing tax questions answered by one of the nations tax Attorneys, Toby Mathis! Join Toby LIVE during this exclusive bi-weekly webinar. MORE INFO 👉https://AndersonAdvisors.com/tax-tuesdays With all the new tax laws congress passed that are in affect for 2018 don't miss this opportunity to get your questions answered LIVE with Toby Mathis of Anderson Business Advisors. Whether your a small business owner, real estate business owner, or you have a corporation, the new tax laws that were passed in 2017 will have some impact on what tax deductions you can take. Don't be caught off guard or miss out on important tax saving strategies that you're business is entitled to. Join Us LIVE 👉https://AndersonAdvisors.com/tax-tuesdays * 🚀Ready To Take Your Business To The Next Level While Protecting Your Assets From Frivolous Lawsuits? ~*~ 💰Get Your FREE 30 min Consultation & Wealth Planning Blueprint NOW! https://AndersonAdvisors.com/register-now-a Check out https://AndersonAdvisors.com for financial strategies and details on upcoming workshops. ** SUBSCRIBE** Anderson Business Advisors Youtube Channel https://www.youtube.com/c/AndersonBusinessAdvisors 800.706.4741 https://AndersonAdvisors.com Twitter: @TaxWiseToby Blog: https://TobyMathis.com The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
Opportunity Zone Strategies
 
08:25
Here are 5 strategies that you need to know when dealing with Opportunity Zone tax incentive! Sign up for my weekly newsletter now! With awesome tax and legal tips, upcoming and current tax reforms, deadlines, special offers from my Lawfirm and Accounting Firm, and much much more! Don't miss out on this opportunity, It's FREE!! how could you get better than that!? http://markjkohler.com/youtube/ 3 Articles on OZ Incentives: Part 1- https://kkoslawyers.com/the-new-and-wonderful-world-of-oz-opportunity-zones-provide-tax-deferral-tax-reduction-and-tax-free-gain/ Part 2- https://kkoslawyers.com/how-opportunity-zone-tax-breaks-work-for-investors-the-yellow-brick-road-to-oz/ Part 3- https://kkoslawyers.com/what-is-a-qualified-opportunity-zone-fund/ Check out my Law Firm KKOS Lawyers at http://www.kkoslawyers.com Visit my Accounting Firm K&E CPAs at: http://www.ke-cpas.com
Views: 9549 Mark J Kohler
Home Based Business Tax Deduction: What makes a trip tax deductible?
 
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What Qualifies as a Tax Deductible Business Trip?
Views: 166 Home Biz Tax Lady
Tax Credits vs. Tax Deductions
 
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Mullooly Asset Show Ep. 56 In this episode, Tom breaks down the very important difference between tax credits and tax deductions. Come April 15th, you'll be very glad you watched this video! Time Stamp: 1:14 - What's the difference between a tax credit and a tax deduction? Mullooly Asset Management is a fee-only investment advisory firm located in Monmouth County, NJ. We work to educate our clients regarding managing the risk in their investments. Tom Mullooly is an investment industry veteran of over 30 years. Prior to launching the "Mullooly Asset Show," Tom (along with his sons) recorded close to 200 podcasts and nearly 200 videos, which can be found on the site http://www.mullooly.net. The "Mullooly Asset Show" is a new chapter in furthering the education of investors young and old. We answer questions and cover topics that YOU bring up. Our topics and questions range from those brought up by clients to those sent in by our viewers. Get in touch with us here: Website: http://www.mullooly.net Facebook: www.facebook.com/MulloolyAsset Twitter: http://twitter.com/mulloolyasset LinkedIn: https://www.linkedin.com/in/mullooly Email: [email protected] None of the content on our videos, podcasts, website or social media should ever be considered to be investment advice, financial planning advice or a recommendation to buy or sell investments. Nor should our content be considered research. Please our website for complete details. This video is not a recommendation to buy or sell any of the investments mentioned. None of the securities mentioned in this video represent past specific recommendations of Mullooly Asset Management. We rely on fundamental and technical analysis. Neither fundamental or technical analysis can predict the future, both methods have flaws. Past performance is no guarantee of future outcomes. Our Point & Figure charts are provided by our good friends at Dorsey Wright & Associates.
New Markets Tax Credits Video, October 2018
 
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This video describes the Office of the Comptroller of the Currency's role in administering the Public Welfare Investment Authority and encouraging participation in the New Markets Tax Credit program.
Top 10 Landlord Tax Deductions for Rental Property
 
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What are the tax deductions for rental property on a landlord tax return? Learn the benefits of a tax deduction on rental property and the most common expenses that the IRS allows landlords to deduct from their taxable income. Popular strategies include rental property depreciation, car/vehicle mileage, home office, travel expenses, maintenance and repairs, mortgage and credit card interest payments. insurance, casualty and theft loss, etc. Property Management Resources Tenant Screening Services: https://www.amerusa.com Landlord-Tenant Laws and Articles: http://www.americanlandlord.com Home Values: http://www.ushomevalue.com
Views: 4121 AmericanLandlord
New Baby Tax Guide - Earned Income Tax Credit
 
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Hi. I’m Josh Jordan and today we’re going to continue our look at how a new baby can affect your taxes. Specifically, we’ll be talking about the Earned Income Tax Credit. The Earned Income Tax Credit is designed to cut your tax bill if you have low-to-moderate earned income. It’s refundable, so it’s possible to get money back from the IRS even if you didn’t pay any taxes. So how does a new baby affect the Earned Income Tax Credit? A new baby can increase both the amount of the credit, as well as the amount of earned income you can have and still qualify. For example, if you’re Married Filing Jointly and have your first child this year, the maximum credit you can get will increase from $496 to $3,305 and the earned income limit jumps from around twenty thousand dollars to almost forty four thousand dollars. Depending on your situation, a new baby could slash your tax bill by thousands of dollars or double the amount of money you can earn and still be eligible for the Earned Income Tax Credit. The exact amount of the credit you can claim is determined by your income and the number of qualifying children that you have. The IRS has pages and pages of tables to help you pinpoint the size of the credit that you can expect. If you think your earned income puts you on track to take advantage of the Earned Income Credit, make sure you keep an eye on your investment income. For 2014, if you have more than three thousand three hundred fifty dollars of investment income, you won’t be eligible. To claim the Earned Income Tax Credit, you have to file a tax return, even if you know you won’t owe any tax. You’ll also need to complete Schedule EIC if you have a qualifying child, and Schedule SE if you’re self-employed. If you hire me to do your taxes, I’ll complete all the necessary forms for you if you qualify for the Earned Income Tax Credit, so you can go do something fun, instead of searching through 39 pages of instructions from the IRS. So that’s it for the Earned Income Tax Credit. Check back soon and I’ll tell you what you need to know about Dependency Exemptions. I’ll see you then!
New Markets Tax Credit Program Overview
 
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http://www.whitestonerealty.com The New Markets Tax Credits Program provides a powerful financial incentive for investors to invest in businesses located in distressed communities throughout the United States. The NMTC Program gives those investors lucrative returns, while uplifting distressed areas.
Views: 1222 whitestonerealty
Who Qualifies for Small Business Tax Credits?
 
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The law defines a "small business" as having 50 0r fewer employees. Small business who provide healthcare coverage are eligible for tax credits.
Views: 130 taosusa
California Competes Tax Credits for Your Business
 
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This is an encore presentation of the GO-Biz Workshop: California Competes Tax Credits for Business with featured presenter Scott Dosick. Did you know the state of California is offering over $200 million in tax credits this year to business owners willing to add just one job? This unprecedented program is free and available to businesses of all sizes, in any city in California. Since Governor Brown created the program in 2014, almost 700 California business owners have claimed $492.5 million in tax credits and plan on creating over 70,000 jobs. Last year alone, businesses were awarded roughly $220 million and over 30% of the businesses that applied were approved for tax credits anywhere between $20,000 and $10,000,000. The 100% online application is easy to fill out. Join senior officials from the Governor’s Office of Business and Economic Development (GO-Biz) for a free one hour business development presentation in your area and get customized guidance on how to apply for this tax credit program. The next application period begins July 24, 2017. Don’t leave money on the table! Let us help you save money and take your business to the next level.
Views: 119 CSUB SBDC
Join SEIA in our Fight to Extend the Solar Investment Tax Credit
 
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In 2006, SEIA helped establish the solar Investment Tax Credit (ITC), the industry's most successful public policy. In 2016, the ITC expires, taking with it 80,000 solar jobs and thousands of megawatts of potential electric generation. Join our fight to extend the ITC and support the solar industry in America.