The Queen of Tax Fraud: What Business Owners Must Know
What if the most notorious tax fraudster in recent American history didn’t start out as a criminal mastermind, but as a desperate young woman just trying to survive? The story of Rashia Wilson—dubbed the “Queen of Tax Fraud”—isn’t just another sensational crime headline. It’s a cautionary tale that reveals how fraud really works, where the […]
Can Trusts Actually Save You Money on Taxes?
Separating fact from fiction: the real truth about trust taxes, when they work, when they don’t, and how to avoid the most expensive mistakes. You’ve probably heard it before at a dinner party or seen it pop up in your late-night YouTube recommendations: “Put your money in a trust and watch your tax bill shrink!” […]
100% Tax Write-Offs in 2026: How Business Owners Can Save Thousands with the New Tax Law
Imagine walking into your accountant’s office and discovering you could legally write off your entire work vehicle this year. Not over five years. Not through complex depreciation schedules. The entire cost, right now, in 2026. Sounds too good to be true? It’s not. It’s the reality under the new tax legislation, and most business owners […]
Are You Overpaying Taxes? The Business Structure Mistake Costing You $10K-$30K Annually
Here’s something that keeps me up at night as a CPA: I meet business owners every single day who are unknowingly throwing away tens of thousands of dollars in taxes. And the frustrating part? Most of them have no idea it’s even happening. If you’re operating as a sole proprietorship or running a single-member LLC […]
The Backdoor Roth IRA Strategy Every High-Earning Business Owner Should Know Before Year-End
If you’re a successful business owner earning well into six figures, there’s a strong chance you’ve been shut out of contributing directly to a Roth IRA. And honestly? That rule blocks exactly the people who would benefit from it the most. Here’s the good news: you can still legally build tax-free retirement wealth—even if you […]
Tax Strategist vs. Tax Preparer: Why This One Distinction Can Save You Tens of Thousands Every Year
Most business owners work with a tax professional every year—but here’s the problem: they often work with the wrong type of tax professional without even realizing it. If you’ve ever felt like you’re overpaying in taxes, missing opportunities, or only talking to your CPA during tax season, you’re not alone. The truth is that tax […]
Why 9 Out of 10 Small Businesses Fail: Understanding Your Numbers is the Key to Survival
Why Most Small Businesses Fail (And How to Avoid It) Did you know that 9 out of 10 small businesses fail because of financial mismanagement?Not bad ideas. Not poor marketing.They fail simply because business owners don’t understand their numbers. You could have an incredible product and loyal customers — but if you’re not tracking revenue, […]
Advanced Tax Strategies the Ultra-Wealthy Use to Pay Almost Nothing in Taxes
What if I told you the ultra-wealthy aren’t just making more money — they’re keeping more of it? They use advanced tax strategies that allow them to legally reduce or even eliminate taxes while building long-term wealth. These aren’t basic deductions or tax hacks. These are the same techniques that private wealth managers charge tens […]
The Biggest S-Corp Payroll Mistake That Could Cost You Thousands
If you’ve formed an S-Corporation, congratulations — you’ve already made a smart move toward saving on taxes.But there’s one mistake I see over and over again that can undo all those savings… and land you in serious IRS trouble. It’s something even seasoned business owners overlook:👉 Not paying yourself a “reasonable salary.” Let’s talk about […]
Turning W-2 Income into Tax-Free Wealth
If you could turn your W-2 income into tax-free wealth, would you want to know how? Most people think building wealth means earning more—but the truth is, it’s about keeping more of what you earn. One of the most powerful and misunderstood strategies in the entire IRS tax code is the Real Estate Professional Status […]