BLOGS
The Government has a ruthless and complex SYSTEM to take your hard earned profit from you.
Fight back with a system of your own.
Tax Reduction University (TRU) puts a system in your hands that gives you:
EDUCATION about what you should be doing to save money on taxes!
EVALUATION tools to connect the education to your personal situation
EXECUTION steps to take to implement tax savings!
Our blog resources is meant to give you tips, tricks, and introductions to the topics contained in the TRU System!
Inside the mind of an IRS auditor… the Audit Technique Guides
Fun fact about the IRS, their website is a treasure trove of information. Like an overwhelming amount of information. One of the unique things that you can find on the IRS website is a catalog of...
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Understanding Your Compensation As A Real Estate Professional… or what I call the “Trust but verify method”
The #1 thing that I believe is important to understand is the broker fees & deductions. Ok, ok, ok… don’t discount me as a dummy quite yet. This may seem super obvious but...
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Last chance for bonus depreciation…
Mega tax savings can be had with the bonus depreciation provision for most types of property. What does this mean? Generally real property (office furniture, computer equipment, vehicles,...
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IRS Says TCJA Allows Client and Prospect Business Meal Deductions
IRS Says TCJA Allows Client and Prospect Business Meal Deductions Hip, hip, hooray for the IRS! In Notice 2018-76, the IRS states that client and prospect business meals continue as tax...
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Audit Your CPA? Finding and hiring a tax strategist for your business…
I spoke with a prospective client recently who said that they had been with their accountant for 20 years! I had just given a tax strategy presentation and he was blown away by the...
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Rules of Deductibility - Optimizing Your Write Offs & Minimize Your Tax Bill
One of the most common questions I get from business owners is “What am I allowed to deduct?” The answer boils down to two key issues: Is it directly related to your business? Is...
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Identity Theft And Taxes
Identity Theft and Taxes “Houston, we have a problem” It seems every time I turn around another company's database has been hacked. While this is not a tax...
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Quarterly Estimated Tax Payments Are Due Soon…
Estimated tax payments are due quarterly. This is a reminder that a quarterly payment should be made if you don’t want to be stuck with a monster bill at tax time. I highly recommend that a...
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The TRU Method Of Choosing A Financial Advisor
Financial Planning Ties In With Tax Planning To Achieve Tax Savings Now And In The Future. Here Are Some Key Questions And Considerations When Choosing A Financial Advisor Understand What...
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Contractor vs. Employee
IRS Definition: The general rule is that an individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it...
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