Taxes Shmaxes
Taxes Shmaxes
  • Видео 124
  • Просмотров 74 865
Stop Losing Money NOW! What is depreciation? How to Protect Your Assets and Maximize Your Wealth!
🚨 Don't let depreciation drain your bank account! 🚨
Are you tired of watching your hard-earned money vanish as your assets lose value over time? It's time to take control of your financial future! In this eye-opening video, we dive deep into the world of depreciation to uncover the secrets behind this silent wealth killer.
💰 Discover the shocking truth about depreciation and how it impacts your assets.
💡 Learn essential strategies to protect your investments and preserve their value.
📈 Unlock insider tips to maximize your wealth and secure your financial freedom.
Whether you're a seasoned investor or just starting your financial journey, this video is a must-watch for anyone looking to safegua...
Просмотров: 31

Видео

Understanding Inflation in 2024 and Annual Gift Tax Changes
Просмотров 632 месяца назад
Inflation can have a significant impact on your financial planning and tax strategies, and it's crucial to stay informed about its implications. We'll explore the factors contributing to the current inflationary trends and how they may affect various aspects of your financial life, from investments to everyday expenses. Understanding inflation dynamics can empower you to make informed decisions...
Double Your Income EASILY with this Airbnb Strategy!
Просмотров 123 месяца назад
Double Your Income EASILY with this Airbnb Strategy!
How to get out of HUGE debt ⚠️💸
Просмотров 224 месяца назад
How to get out of HUGE debt ⚠️💸
Navigating Sales Tax as an Online Seller on Amazon, TikTok Shop, Etsy, Ebay, etc.
Просмотров 2705 месяцев назад
Navigating Sales Tax as an Online Seller on Amazon, TikTok Shop, Etsy, Ebay, etc.
Missed Your Tax Extensions? Navigating Extensions & Filing Tips for Procrastinators! 📅💸
Просмотров 256 месяцев назад
Missed Your Tax Extensions? Navigating Extensions & Filing Tips for Procrastinators! 📅💸
💰 Preserve your WEALTH! Master the 3-Bucket Rule for Tax Success 💡💸
Просмотров 426 месяцев назад
💰 Preserve your WEALTH! Master the 3-Bucket Rule for Tax Success 💡💸
Can't Contribute to a Roth IRA? Loophole Alert: Backdoor Roth IRA Strategy
Просмотров 706 месяцев назад
Can't Contribute to a Roth IRA? Loophole Alert: Backdoor Roth IRA Strategy
Small Business Retirement Planning: Key Deadlines You Can't Miss
Просмотров 277 месяцев назад
Small Business Retirement Planning: Key Deadlines You Can't Miss
Maximizing Profits: What Tax Strategists Want You to Know When Selling Your Business 🏢💼
Просмотров 157 месяцев назад
Maximizing Profits: What Tax Strategists Want You to Know When Selling Your Business 🏢💼
Crypto Taxes 101: Navigating Cryptocurrency Taxation Like a Pro!
Просмотров 517 месяцев назад
Crypto Taxes 101: Navigating Cryptocurrency Taxation Like a Pro!
How to Pay Your Minor Children in Your Business, the RIGHT way.
Просмотров 478 месяцев назад
How to Pay Your Minor Children in Your Business, the RIGHT way.
Which retirement plan is right for you?
Просмотров 428 месяцев назад
Which retirement plan is right for you?
Uncover the Tax Secrets of Real Estate: Your Pathway to Wealth! 🏡
Просмотров 518 месяцев назад
Uncover the Tax Secrets of Real Estate: Your Pathway to Wealth! 🏡
How much do you take home if you win the Powerball Jackpot?
Просмотров 5 тыс.8 месяцев назад
How much do you take home if you win the Powerball Jackpot?
💰 Maximize Your Wealth: How to Choose the Right Retirement Plan!
Просмотров 159 месяцев назад
💰 Maximize Your Wealth: How to Choose the Right Retirement Plan!
🚨 Stay out of Jail! Understanding BOI Reporting for Business Owners 🚨
Просмотров 329 месяцев назад
🚨 Stay out of Jail! Understanding BOI Reporting for Business Owners 🚨
What you need to know to qualify for an Electric Vehicle Tax Credit
Просмотров 1319 месяцев назад
What you need to know to qualify for an Electric Vehicle Tax Credit
You have until July 17 to file your 2019 taxes and lay claim to your long-overdue refund.
Просмотров 1510 месяцев назад
You have until July 17 to file your 2019 taxes and lay claim to your long-overdue refund.
LLC vs. S Corp: Which Business Structure is the Ultimate Money-Saving Secret?
Просмотров 1510 месяцев назад
LLC vs. S Corp: Which Business Structure is the Ultimate Money-Saving Secret?
Don't Leave Thousands on the Table! Uncover the Secret PTET Tax Strategy💸
Просмотров 3810 месяцев назад
Don't Leave Thousands on the Table! Uncover the Secret PTET Tax Strategy💸
Are you worried you have to pay taxes on a gift you receive?
Просмотров 2610 месяцев назад
Are you worried you have to pay taxes on a gift you receive?
🚨Huge Tax Penalty Alert🚨 Stop using your HSA account
Просмотров 90311 месяцев назад
🚨Huge Tax Penalty Alert🚨 Stop using your HSA account
Small Business Owners! Transform Your Business Operations for Success
Просмотров 1011 месяцев назад
Small Business Owners! Transform Your Business Operations for Success
How do the U.S Tax Rates work?
Просмотров 811 месяцев назад
How do the U.S Tax Rates work?
The Truth About Your Employees' Loyalty: Why They Dont Care About Your Business As Much As You Do
Просмотров 1011 месяцев назад
The Truth About Your Employees' Loyalty: Why They Dont Care About Your Business As Much As You Do
Building a successful business is a lot like assembling an IKEA cabinet📦
Просмотров 1311 месяцев назад
Building a successful business is a lot like assembling an IKEA cabinet📦
Are you tired of feeling like you’re overpaying on your taxes each year? 😅
Просмотров 7Год назад
Are you tired of feeling like you’re overpaying on your taxes each year? 😅
How to deal with "loans" for a business for operating expenses before you start to earn income
Просмотров 12Год назад
How to deal with "loans" for a business for operating expenses before you start to earn income
Are you a business owner wondering how to pay yourself? 🤔💸
Просмотров 34Год назад
Are you a business owner wondering how to pay yourself? 🤔💸

Комментарии

  • @giseledane
    @giseledane Месяц назад

    what if i move to saudi arabia where there's no taxes at all?

  • @carltonjohnson4424
    @carltonjohnson4424 Месяц назад

    Its hard to hear you

  • @user-ct9nm8lq5v
    @user-ct9nm8lq5v Месяц назад

    😮

  • @leslieporter3350
    @leslieporter3350 Месяц назад

    'Promo SM' 🌹

  • @Needledownquilting
    @Needledownquilting 2 месяца назад

    it doesn't grow - as they charge admin fees so if you don't use it, your account shrinks by 3 to 5 $ each month. the % you get on interest does not cover the admin fees,

    • @taxesshmaxes
      @taxesshmaxes 2 месяца назад

      It depends on where your HSA is held and what your investment options are. Many of the larger banks / brokers do not charge any fees (Fidelity, Bank of America, Schwab) and because they are self-directed, you can invest as you deem fit (stocks, bonds, funds, etc.). Check with your employer to see if you're allowed to make a direct rollover to a self-directed HSA.

  • @anonimai
    @anonimai 3 месяца назад

    What of ypu receive a huge amount like $5 million lets say? You, as the person who receives the gift, dont have to pay any taxes on that?

    • @taxesshmaxes
      @taxesshmaxes 2 месяца назад

      That's correct - you as the recipient of a gift will not be subject to any tax. Even if the amount is in the millions. As long as it's a bona fide gift and not a disguised sale or income. It's the giftor (person who is giving you the gift) that will need to report this and potentially have a tax liability.

  • @dbag96
    @dbag96 4 месяца назад

    woah really?? cool

  • @dbag96
    @dbag96 4 месяца назад

    good tips! gotta play the credit card game right

  • @Aibao
    @Aibao 4 месяца назад

    🤯

  • @DIGAHub
    @DIGAHub 5 месяцев назад

    Hi, I only sell on TikTok Shop and I see the platform has collected sale tax from my revenue automatically. Should I still report the sale tax on State website? What should I report? Please make a video about it. Thanks!

    • @PeterDeSantis
      @PeterDeSantis 3 месяца назад

      It is my understanding that they will be submitting the tax for you. Howeve if you sell on Amazon and use FBA you will essentially create a Nexus in any state that is carrying/warhousing your goods.

  • @LilRemyRed
    @LilRemyRed 5 месяцев назад

    So from my understanding if you sell like say only on a online marketplace like ebay ect that doesn't get reported on you sales tax form because the platform is collecting sales tax,not you?

    • @joshsafari8709
      @joshsafari8709 5 месяцев назад

      I'd like to know this as well, I only sell on TikTok Shop, so I will not be required to identify sales on State sales tax forms?

  • @LotofLovefromusa
    @LotofLovefromusa 5 месяцев назад

    I have one question about the gifts received from online shopping site . They give free gifts when we refer a certain amount of people to the website. Does receipient of these free gifts needs to pay tax? Thank you.

  • @geancarlo2611
    @geancarlo2611 8 месяцев назад

    Great video! Easy to understand and follow! Thank you for the tips!

  • @Any0ne33
    @Any0ne33 9 месяцев назад

    Waiting for this to blow up.

    • @taxesshmaxes
      @taxesshmaxes 9 месяцев назад

      Still waiting also.... maybe you can help share this post :)

  • @davehoward3645
    @davehoward3645 9 месяцев назад

    Missed important detail. Can also use prior years income if it was lower than the 300k

    • @taxesshmaxes
      @taxesshmaxes 9 месяцев назад

      Great point @davehoward3645 - you can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less.

  • @wagwon1297
    @wagwon1297 10 месяцев назад

    Thanks bro made a error I’ll fix my printer tomorrow and I’ll be set to be balling thanks for teaching me

  • @shaafi1579
    @shaafi1579 10 месяцев назад

    Hank

  • @trisageonamoux9100
    @trisageonamoux9100 10 месяцев назад

    Hahahahahahahaha so funny except you're not a friend if you charge them

  • @dbag96
    @dbag96 11 месяцев назад

    LOL

  • @geancarlo2611
    @geancarlo2611 11 месяцев назад

    This is 🔥 🔥 😂😂😂 keep up the good content!

  • @geancarlo2611
    @geancarlo2611 11 месяцев назад

    You give really good advice! That money gun outro!!

    • @taxesshmaxes
      @taxesshmaxes 11 месяцев назад

      Thank you!! If there's anything that you want to know about, post in the comment! Thanks for watching

  • @danielthomas9531
    @danielthomas9531 Год назад

    Great analogy - never thought of it like that 🪛

  • @dbag96
    @dbag96 Год назад

    genius idea!!

  • @Fine2You
    @Fine2You Год назад

    ah yes I relate to this because I AM TOTALLY A TAX person or that weird job

    • @taxesshmaxes
      @taxesshmaxes Год назад

      Happy you got your taxes filed on time! 💯

    • @Fine2You
      @Fine2You Год назад

      @@taxesshmaxes ah yes because im a grown man with a mushstash oh hoho im totally not 12 years old hehe hoho

  • @laithalmasri6985
    @laithalmasri6985 Год назад

    You could file for extension but

    • @taxesshmaxes
      @taxesshmaxes Год назад

      You can no longer file an extension after the filing deadline... April 18th was the cutoff

    • @laithalmasri6985
      @laithalmasri6985 Год назад

      @@taxesshmaxes I know that why I said but

  • @dbag96
    @dbag96 Год назад

    Really useful tip!

  • @Abdirazak_sulley
    @Abdirazak_sulley Год назад

    I can’t see the text because of the sub button

    • @taxesshmaxes
      @taxesshmaxes Год назад

      When your client finally does the one thing you’ve begged them not to do... 😩😂

  • @yashpatil7902
    @yashpatil7902 Год назад

    I'm not a lawyer but this is clearly frustrating.

  • @SomeShmuck
    @SomeShmuck Год назад

    Hdr content pisses me off. Hijacking my screen brighness.

  • @NychLinzstrom-lv4yq
    @NychLinzstrom-lv4yq Год назад

    Yeah, not me. Im under $10k for now. Nice Shock Top. I have a musty old bottle of it your "client" left in a box of junk they gave me.

    • @taxesshmaxes
      @taxesshmaxes Год назад

      Under $10K refund is still good - thanks for noticing the Shock Top - it was actually a makeshift trophy received at a fundraising event!

  • @MamaEgg3308
    @MamaEgg3308 Год назад

    I’ve liked and followed and expect proper tax tips, young man.

    • @taxesshmaxes
      @taxesshmaxes Год назад

      Thank you! Feel free to post topics that you would like to know more about! I might address it in an upcoming video!

  • @aniyahlyszt3531
    @aniyahlyszt3531 Год назад

    Want to keep those employees? Better make sure your definition of "a good salary, an hourly salary" is a living wage.

    • @taxesshmaxes
      @taxesshmaxes Год назад

      @Aniyah - Wonderful comment - in order to build a championship team, you need to bring the right people on board. Attaining great talent requires an investment! Thank you for your comment!

  • @dbag96
    @dbag96 Год назад

    Wow really good tip!

    • @taxesshmaxes
      @taxesshmaxes Год назад

      Glad you liked it Like and follow for more! An if there's anything you want me to discuss in a future video - comment below!

  • @bearb.7406
    @bearb.7406 Год назад

    Huh? You lost me.

    • @taxesshmaxes
      @taxesshmaxes Год назад

      Reaching out to a tax pro last minute is bad business practice. Speaking to them throughout the year and well in advance of the filing deadline will be the right way to go! Plan for success!

  • @Fishnutz737
    @Fishnutz737 Год назад

    Shut up bro

  • @davidjacobolopez11jacobo92
    @davidjacobolopez11jacobo92 Год назад

    🚶🏿🍑 🏃🏾🏃🏾🏃🏾