Real Estate Interview: Mastering Real Estate and Business Financing Insights from a CFO’s Perspective https://youtu.be/JHJt4CYOvg8 Strategic Real Estate Financing with Jaycee Greene: A Thompson Tax Group Podcast Recap I…Joshua ThompsonDecember 31, 2024
Real Estate When Should You Set Up an LLC for Your Business or Rental Properties One of the most frequently asked questions we receive is: When should I set up…Joshua ThompsonDecember 31, 2024
Business Tax Items BOI Crazy Past Month of Updates – Not Required Again? BOI Filing Update: Where Things Stand and What You Should Do The topic of BOI…Joshua ThompsonDecember 31, 2024
Real Estate When to Consider a Cost Segregation Study Cost segregation is a tax-saving strategy that allows real estate investors to accelerate depreciation on…Joshua ThompsonDecember 31, 2024
Personal Tax Items Information to Give Your Tax Professional for Best Results Information to Give Your Tax Professional for Best Results Filing your tax return can be…Joshua ThompsonDecember 31, 2024
Tax Strategy Navigating Tax Planning and Audit-Proofing: Insights from Gary Sinopoli’s Tax Court Case In the realm of finance and tax planning, the adage "It's not how much you…Joshua ThompsonFebruary 2, 2024
Tax Strategy Demystifying the Backdoor Roth IRA: A Guide to Proper Paperwork For many individuals seeking to maximize their retirement savings, the Backdoor Roth IRA has emerged…Joshua ThompsonFebruary 2, 2024
Business Tax Items Understanding Beneficial Ownership Reporting: What Business Owners Need to Know In recent years, the landscape of corporate transparency and accountability has undergone significant changes, with…Joshua ThompsonFebruary 2, 2024
Personal Tax Items Electric Vehicle Hack and Changes to Electric Vehicle Tax Credits in 2024 In 2024, significant changes are underway regarding the Electric Vehicle Tax Credits. For many prospective…Joshua ThompsonFebruary 2, 2024
Business Tax Items Employee Retention Credit Warnings The Employee Retention Credit (ERC) is a tax credit introduced by the United States government…Joshua ThompsonJuly 5, 2023
IRS Updates Fun Tax Facts & Reminders Tax season may be the most exciting time of the year, but here are some…Joshua ThompsonJuly 5, 2023
Business Tax Items Grouping Passive Activities In the United States, when you are a real estate professional, you can make an…Joshua ThompsonJuly 5, 2023
Business Tax Items All About S Corporations In the United States, there are several types of corporations that individuals and businesses can…Joshua ThompsonJuly 5, 2023
Personal Tax Items 529 Plans and The New Tax Law The creation of the 529 plans aimed to address the increasing costs of education and…Joshua ThompsonJune 2, 2023
Business Tax Items How Can the Changes in 1099-K Reporting Requirements Affect Your Tax Return? A 1099-K is a tax form used to report income received through payment settlement entities,…Joshua ThompsonJune 2, 2023
Personal Tax Items Home Energy Tax Credit Updates 2023 Home energy tax credits are incentives provided by governments to encourage homeowners to make energy-efficient…Joshua ThompsonJune 2, 2023
Tax Laws What Do You Need to Know About the IRS on Taxing NFTs at a Higher Rate The IRS is seeking public input on its proposal to apply the same tax treatment…Joshua ThompsonJune 2, 2023
Tax Credits IRS Clarification of SUV MSRP for Electric Vehicle Tax Credit In order to promote the use of more eco-friendly options, the IRS implemented better policies…Joshua ThompsonMarch 7, 2023
Personal Tax Items Medical Expense Tax Deduction Medical expenses are tax deductible. The IRS allows you to deduct certain unreimbursed medical and…Joshua ThompsonMarch 7, 2023
Personal Tax Items Did Congress Make a Mistake on the 401k Catch-Up Contributions? Believe it or not, Congress does make mistakes. They were rushed to pass the massive…Joshua ThompsonMarch 7, 2023