25
Apr
May 2024 Book Updates
Key Takeaways
Passive investor status can reduce self-employment taxes, allow deductions against passive income, and avoid mandato...
21
Feb
Pass-Through Entity Tax Deduction
Key Takeaways
Pass-through entity tax (PTET) allows you to pay for your state income tax with business funds, reducing your federa...
03
Oct
How to Annoy Your Tax Accountant in 6 Easy Steps
Key Takeaways
Don’t read instructions carefully: Reply without understanding, then blame your accountant when issues arise.
Com...
16
Sep
Pay More Taxes
Key Takeaways
Focus on wealth, not just tax savings: Sometimes paying more taxes strategically can help grow your business and per...
03
Jul
Roth 401k Versus Traditional 401k
Key Takeaways
Roth 401k vs. Traditional 401k: Roth 401k contributions are post-tax, have higher limits, and no income phaseouts, u...
08
Jul
C Corp vs S Corp
Key Takeaways
S Corp vs C Corp: Switching from S Corp to C Corp mainly for the 21% corporate tax rate is generally a bad idea due ...
15
Mar
Online Tax Accountant
Key Takeaways
Online tax accounting makes filing simple, secure, and contactless.
WCG has been offering remote tax preparation ...