Making Smarter Hiring Decisions: How to Use Your P&L to Make Smarter Hiring Decisions
Key Points: The door closes on another new meeting. Your team looks around the conference table with a collective sigh. A new client should be exciting, but instead you’re thinking about the proposal that’s already two days late, the client email sitting in your inbox since Tuesday, and the fact that your project manager just…
Real Estate Professional Status or STR Loophole to Minimize Your W-2 Income?
If you’re trying to figure out how to minimize taxable income with rental losses, the answer almost always comes down to one thing. You need to understand how the IRS determines whether your activity is passive or non-passive, because that decision controls what you can actually deduct. This is where real estate professional status and…
How to Maximize Tax Savings Under the Short-Term Rental Loophole?
As the warmer months are set to roll in, so is the peak short-term rental season. That means, if you own an Airbnb, VRBO, or other vacation rental property, now’s the perfect time to revisit your tax strategy and make sure you’re taking full advantage of the short-term rental tax loophole.