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We have a lot of international clients. They’re actually my favorites to work with. And international tax is very quirky and it does require a lot of detail. Personability getting to know the taxpayer and getting to know their situation. We deal with situations where they’re repatriating expatriating. Some have citizenship in the United States Read More

I had a gentleman who was referred to me and he came into the office and he put this stack on the desk that he had not filed in 20 years, and I told him to relax and we did all 20 years. In this case, he didn’t owe any money at all or any Read More

So it looks like there be some relief for like the teachers and other people out there that spend are, are on these positions and spend their own money that they are gonna get, be able to benefit that regardless of whether they itemize or not. Yes, there’s been a $250 credit for that, an Read More

What do you feel when you get a letter in the mail that says, audit? Panic, worry. We take care of audits all the time. This is what we do. You do not have to worry about audits. We will come with great results and everything will work out. Do not panic.

It’s, it’s a huge deal. This, this, no tax on tick for most of our clients. I don’t know what your thoughts on, on that. This will be a deduction that will be on federal income tax and there’ll probably be some new wrinkles, I imagine as far as W2 reporting those tips and how Read More

Are you serious about giving back to your community? Listen up. Philanthropic giving is a huge part of the PLR culture and it plays a huge role because we’re able to help our clients through various types of giving. For example, client of mine is a high income earner at the end of the year, Read More

I don’t know if you saw the one about wagering losses, right? That you can only deduct your wager earning your betting losses versus you know the wins to offset your wins. Now there’s an additional provision that says you can only deduct 90% of your losses against your wins. So like at a certain Read More

We took on some new clients. One was a criminal attorney and one was a family attorney and they wanted to partner to make one law firm. I was able to set up a certain structure whereby each of them could not only have the same stuff that they would pay for and then different Read More

The Augusta rule is very interesting. It has been abused significantly out there in the public if it’s not a business purpose, and he’s trying to make it a business purpose. He’s just wasting money by all the costs of throwing this party. Even though these businesses are getting a deduction for renting out the Read More