18
Oct
Luxury Cars, Car Shows, and the Myth of the “Marketing Deduction”
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By
Jason Watson
Overview of Luxury Cars as Marketing Deductions
Luxury toys are not tax tools. Owning a Ferrari, a yacht, or a racing hobby might ...
16
Oct
October 2025 Rental Property Book Updates
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By
Overview of our October 2025 Book Updates
Beat PAL limits first. The biggest rental tax wins start by clearing passive activity lo...
16
Oct
Short-Term Rental Tax Loophole
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By
Key Takeaways
STR loophole turns rentals into a business. When your average guest stay is 7 days or fewer and you materially parti...
14
Oct
July 2025 Rental Property Book Updates
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By
Overview of our July 2025 Book Updates
Short-term rentals with average stays of seven days or less can’t be grouped with long-term...
11
Oct
When a Home Becomes a Rental
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By
Overview of the Converting Residence Into Rental
Tax Court case Smith v. Commissioner (T.C. Memo. 2025-24) highlights the importan...
07
Oct
Rental Expert Pod
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By
Overview of the Rental Expert Pod
Specialization matters. WCG’s Pod system lets our CPAs “stay in their lane” — delivering focused...
04
Jul
One Big Beautiful Bill (OBBB)
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By
Overview of the One Big Beautiful Bill (OBBB)
Before we dive into the nitty gritty of this new bill, here are some of the key highligh...
26
Jan
CostSegEZ Preferred Cost Segregation Provider
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By
Key Takeaways
Cost segregation (CostSeg) helps real estate investors accelerate depreciation, lower taxes, and increase cash flow....
13
Jun
CRNA Tax Deductions
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By
Key Takeaways
CRNAs working as 1099 contractors are business owners, making many tax deductions available that W-2 employees canno...
12
Jun
Cost Segregation in a Nutshell
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By
Key Takeaways
Cost segregation lets you accelerate depreciation on real estate by separating property into shorter-lived asset cla...
