Everyone with property or children should have a will. It is especially important if you have children, since a will can provide instruction of your wishes regarding who will take care of your children. A will must meet several requirements in order to be considered legally valid: There must be testamentary intent. This is fancy way...
Category: Podcast
Strategies to Help Lower Tax Liability for Entrepreneurs NOW
On today's episode, we are joined by Kenner French, CEO of VastSolutionsGroup.com. Join us, as Kenner delves into some unique tax strategies that can be utilized to lower tax liability for entrepreneurs. Whether you are an established entrepreneur or starting a side hustle to supplement your income. As always, one of Kenner's top recommendations...
The One Crypto Tax Strategy to Know!
Because cryptocurrencies are classified as “property” rather than as securities, the wash-sale rule does not apply if you sell a cryptocurrency holding for a loss and acquire the same cryptocurrency before or after the loss sale. You just have a garden-variety short-term or long-term capital loss depending on your holding period. No wash-sale rule worries....