Small Business Tax Savings Podcast

Send us a textOn this episode Mike Jesowshek, CPA adds to a series we are doing on rental property taxes and discusses depreciation.1) What Parts of Rental Real Estate Can Be Depreciated?2) What Is the Depreciable Life for a Real Estate Investment?3) What Is a Cost Segregation Study?4) What Is Bonus Depreciation?5) Rental Property Depreciation ExampleLINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/how-does-depreciation-work-for-real-estateThe Ultimate Guide to Real Estate Taxes: https://www.taxsavingspodcast.com/realestateJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/how-does-depreciation-work-for-real-estateJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA talks with Guy Baker about Charitable Remainder Trusts (CRT) and how they can be used to eliminate capital gain taxes.1) What Is A Charitable Remainder Trust (CRT)?2) How Does A Charitable Remainder Trust (CRT) Work? 3) What Are Things to Consider With A Charitable Remainder Trust (CRT)? 4) What Different Types of Charitable Remainder Trusts (CRTs) Are There?5) What Are The Downsides Of A Charitable Remainder Trust (CRT)?6) Want An Introduction To Our Preferred CRT Vendor?LINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/how-can-i-use-a-charitable-remainder-trust-crt-to-eliminate-capital-gainsJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/how-can-i-use-a-charitable-remainder-trust-crt-to-eliminate-capital-gainsJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA talks about how cryptocurrency is taxed.1) How Is Crypto Taxed?2) What Crypto Is Taxed At Capital Gain vs Ordinary Income Tax?3) What Crypto Activity Is NOT Taxable?4) What Happens If I Have a Crypto Loss?5) Do I Need To Report Crypto To The IRS?6) What Are Some Tax Strategies Around Crypto?LINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/how-is-cryptocurrency-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/how-is-cryptocurrency-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA talks what portfolio income is and how it is taxed.1) What Is Portfolio Income?2) How Is Portfolio Income Taxed?3) What Is The Good Thing About Portfolio Income?4) What Type Of Income Is Non-Taxable?5) Portfolio and Non-Taxable Income - SummaryLINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/portfolio-income-how-is-my-income-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/portfolio-income-how-is-my-income-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA talks what passive income is and how it is taxed.1) What Is Passive Income?2) How Is Passive Income Taxed?3) What Is The Good Thing About Passive Income?4) What Are The Passive Activity Loss Rules?5) Passive Income - SummaryLINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/passive-income-how-is-my-income-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/passive-income-how-is-my-income-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA talks what earned income is and how it is taxed.1) What Is Earned Income?2) How Is Earned Income Taxed?3) How Is S Corporation Income Taxed?4) What Is The Good Thing About Self Employment Income (or Non Passive S Corp Income)?5) Earned Income - SummaryLINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/earned-income-how-is-my-income-taxedSign-Up for the Small Business Tax Savings Summit: https://www.taxsavingspodcast.com/summitJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/earned-income-how-is-my-income-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA talks the two main types of tax, ordinary income tax and capital gain tax.1) What Is Ordinary Income Tax?2) What Is A Capital Gain or Loss?3) What Are Capital Gain Tax Rates?4) How Are Capital Losses Treated?5) What Other Taxes Are There? LINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/what-is-ordinary-income-tax-vs-capital-gain-taxSign-Up for the Small Business Tax Savings Summit: https://www.taxsavingspodcast.com/summitJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/what-is-ordinary-income-tax-vs-capital-gain-taxJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA talks about how credit card rewards are taxed.1) How Are Frequent Flyer Miles, Hotel Points, and Other Credit Card Point Rewards Taxed?2) How Are Cash Back Rewards and Rebates Taxed?3) How Are Credit Card Sign-Up Bonuses Taxed?4) What Happens If I Donate Credit Card Cash Rewards/Rebates to Charity?5) Credit Card Rewards SummaryLINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/how-are-credit-card-rewards-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/how-are-credit-card-rewards-taxedJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA does a full business retirement plan Q&A with Matt Ruttenberg from Life Inc Retirement Services.Get in contact with Matt Ruttenberg or find previous episodes here: https://www.taxsavingspodcast.com/blog/business-retirement-plan-q-a-sessionJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/business-retirement-plan-q-a-sessionJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Send us a textOn this episode Mike Jesowshek, CPA talks the tax rates for 2022 along with other important resources.1) 2022 Individual Tax Rates2) 2022 Business Tax Rates3) 2022 Social Security and Medicare Tax Rates4) 2022 Capital Gain Tax Rates5) 2022 Standard Deduction6) 2022 Retirement Plans7) 2022 Vehicle Deductions8) 2022 Medical ExpenseWithin our blog post we also have a complete desktop guide that you can download and reference.LINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/2022-tax-rates-and-resourcesSign-Up for the Small Business Tax Savings Summit: https://www.taxsavingspodcast.com/summitJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/2022-tax-rates-and-resourcesJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com