Short-term rentals provide some of the easiest and most powerful tax savings opportunities available to investors. You can literally save six figures … [Read more...] about Short-term-rental Tax Tips and Tricks
Search Results for: retirement plan b
Roth Calculator
The Roth Calculator below helps you determine whether you end up with more retirement income using a Roth IRA or 401(k). Or using a traditional IRA … [Read more...] about Roth Calculator
Using ChatGPT to Determine S Corporation Reasonable Compensation
A disclosure to start this discussion about using ChatGPT for determining S corporation reasonable compensation. I do not think the large language … [Read more...] about Using ChatGPT to Determine S Corporation Reasonable Compensation
Section 174 Software Development Accounting Primer
Okay. So, yeah, Section 174 software development accounting. A bit of mess, right? I hear you. We had more than a few client questions last tax … [Read more...] about Section 174 Software Development Accounting Primer
Backdoor Roth IRAs Really a Smart Idea?
Maybe the last ten individual tax returns I’ve signed? They all included a backdoor Roth IRA. That got me thinking: How much tax do you really save … [Read more...] about Backdoor Roth IRAs Really a Smart Idea?
Monte Carlo Safe Withdrawal Rates for Low Expected Returns
I read Antti Ilmanen’s book recently, “Investing Amid Low Expected Returns.” Ilmanen, like many other observers, expects low real returns from stocks, … [Read more...] about Monte Carlo Safe Withdrawal Rates for Low Expected Returns
Monte Carlo Simulations Show How Bonds Dampen Investment Risk
Figuring out how much bonds dampen investment risk? Sometimes tricky. You hear people offer bromides. Like "bonds provide ballast." Or "bonds … [Read more...] about Monte Carlo Simulations Show How Bonds Dampen Investment Risk
A CPA Explains Moore v. United States
I want to talk about the Moore v. United States tax case. The U.S. Supreme Court hears oral arguments this week. And to date, the media coverage of … [Read more...] about A CPA Explains Moore v. United States
Red Portfolio Black Portfolio FAQ and Download
The list of questions and answers below probably supply most of the information people need to use the Red Portfolio Black Portfolio spreadsheet. … [Read more...] about Red Portfolio Black Portfolio FAQ and Download
Six Hacks to Simplify Small Business Accounting and Taxes
Starting a new business? This suggestion: Keep your small business accounting and your taxes simple. Really simple. The reason? In the post-pandemic … [Read more...] about Six Hacks to Simplify Small Business Accounting and Taxes