This Podcast covers:
• Tax planning
• Deductions]
• Knowing your business, startup costs, amortization, travel
• State taxes
• Depreciation
• Mixing
• Digging Deeper
• Bottom line
Episode #1 covers:
• Taxable unemployment benefits
• Skipping your tax filing
• IRS installments & penalties
• IRS representation benefits and assistance
• Stimulus checks and child support
• Tips for claiming children of divorce on tax returns
Episode #2 covers:
• Establishing which parent can claim children on their federal taxes
• Paying back undeserved tax credits
• Sorting out more complicated living situations
• 2020 & 2021
Episode #3 covers:
• Claiming tax deductions as grandparents
• How to establish your right to a child tax deduction
• Passing the physical presence test for establishing your tax credit
• Out of the box options for claiming child related tax credits
• How to make the Cares Act work for you
• Paying back money you borrowed under the Cares Act
Episode #4 covers:
• Student loans and how they are impacted by the Pandemic
• The Cares Act, PPP and Employer benefits
Episode #5 covers:
• Benefits of the Cares Act for businesses
• Payroll Taxes during the pandemic
• COVID tax credits & establishing proof of care
• Tax deferments for businesses
• What to do if your business owes payroll taxes
• Negotiating a payment plan with the IRS
• What to do with IRS notices
• Employee Retention Credit benefits and qualifying for businesses
• PPP loans and debt forgiveness for businesses
Episode #6 covers:
• Applying previous business losses under the Cares Act through amended returns
Episode #7 covers:
• Property rental benefits under the Cares Act
• PPP loans and business rent
• Property depreciation strategies
• Business property cost segregation
• Home based business deductions
Episode #8 covers:
• Deducting car mileage on your taxes
• Miles vs. Actual expenses deductions for car expenses
• The Mile IQ App
• Getting qualified tax help
• Staying tax compliant
• Categorizing business deductions and not missing write-offs