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It’s the End of the Road for Tax Procrastinators

September 10, 2025

This last wave of tax filers are quite often the most productive people in our economy. Many are business owners, some with more than one business, or at least in some ways just have a lot going on, which means they usually add and not subtract from the tax base.

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The Only Constant is Change (Especially with Taxation)

September 3, 2025

We talk a lot about people not doing tax planning and not spending more time creating the tax outcomes they want. We urge people to understand that it’s within their own control and that tax outcomes can be legally and ethically manipulated. We go on and on about the benefits.

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Smart Business Owners Increase their Company’s Sale Value Before and After Tax by Planning Ahead

August 27, 2025

Most business owners in any five year period can answer yes to at least one of these life event questions that would cause them to need to know what their company is worth. 1. Are you contemplating the sale of your business? 2. Are you working with or bringing in

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A Hidden Tax That You Can Avoid Paying with Proper Planning

August 20, 2025

People who earn more than a certain amount and who are enrolled in Medicare Part B or Medicare Part D, or both, will face additional premiums, called The Medicare Income-Related Monthly Adjusted Amount (IRMAA). IRMAA “surcharges,” which is a replacement word for a tax, are based on income earned two years prior to

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Lower Your Tax Bill More by Using a Qualified Charitable Distribution

August 13, 2025

This is the time of year when people often start taking personal inventory of how fortunate they are and start considering charitable contributions as a way to “give back” a little. For some, it’s an automatic budget item in their day to day lives, but for others it’s a new

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Why Do People Fear Tax Audits More Than They Fear Overpaying?

August 7, 2025

Ask anyone if they “pay too much income tax” and the knee jerk reaction is almost always, “Yes!” and without much hesitation. Why do we call that a knee jerk reaction? Because if you then follow the question up with two more questions, “What did you pay in federal tax

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Not Everyone Should be Trying to Lower Their Tax Bill

July 29, 2025

It may sound odd when you say it out loud, but after considering all the facts, it’s quite true. It’s an emotional but understandable reaction to think you always want to lower your tax bill as much as possible. However, except in the case of death, the tax code is

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An image of a woman with glasses looking at tax forms understandingly

Understanding Tax Credits

June 4, 2025

When planning ahead, or just engaging in their day to day operations, most business owners at least occasionally think about tax deductions. A business dinner that can be partially deductible, or a new machine that can be depreciated. However, they often don’t think about or plan how to acquire other

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People planning tax logically

Logical Tax Planning

May 28, 2025

It’s hard to be logical all the time about everything. The most financially successful tax clients we serve at least attempt to force themselves to be logical, for their own benefit. For instance, our parents, as well as a subset of the economy including some popular radio show based advisors

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9465 Wilshire Blvd, 3rd Floor
Beverly Hills, CA 90212

310-955-4TAX (4829)

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