tax tips from a former irs agent
We did the time behind the scenes, now you get the benefit of that first-hand experience.
how to win the game of taxes
Most business owners only think about taxes once a year—when the bill is due. But the best way to save money is to start planning before tax season.
From IRS Insider to Tax Strategist: The Smart (Legal) Ways High Earners Cut Taxes
What if your CPA is leaving money on the table? In this episode of Accredited Investor Edge, I sit down with Gabe Hogan, a tax attorney and former IRS auditor, to uncover real-world tax strategies for high-income professionals and accredited investors. Gabe explains how the IRS really works on the inside, why most CPAs act like historians instead of forward-looking advisors, and what that means for your return. We cover the Augusta Rule, paying your kids, oil and gas tax benefits, short-term rental loopholes, and why “buying a car for a write-off” can backfire.
Understanding the Three Types of Income for Tax Purposes: Earned, Passive, and Portfolio
When it comes to taxes, not all income is treated the same. In fact, the IRS classifies income into three main types—earned, passive, and portfolio income—and each is taxed differently. Whether you're a business owner, real estate investor, or simply looking to get a better handle on your finances, understanding these categories can help you plan smarter and avoid surprises at tax time.
Don’t Miss These Overlooked Health-Related Tax Deductions
Are you including these often-forgotten health expenses in your tax return? See which expenses you should be including before you file.
Three things that make your rv or boat a tax break
Owning an RV or boat can be more than just a lifestyle choice—it can also be a bold financial move if you know how to make it a legitimate tax deduction. While the IRS has strict guidelines, there are three key ways to qualify your RV or boat as a deductible expense: treating it as a primary or secondary home, using it for business purposes, or renting it out as an investment property.