Tax Tips and Tales ft. David Colon: The New IRS Army, ERC Scams, and Comic-Con Plans

04/01/2024 1h 4min Temporada 2 Episodio 101
Tax Tips and Tales ft. David Colon: The New IRS Army, ERC Scams, and Comic-Con Plans

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Episode Synopsis

Join me and David Colon in this episode, where we dive deep into the world of taxes, and make it all about the millennial hustle. 💼 We're breaking down the recent IRS decision to hire 80,000 new agents, the confusion around crypto and gambling taxes, and why the Employee Retention Credit became so popular in 2023.  Small business crew, we're talking accounting hacks and why outsourcing is the secret sauce. But this isn't your typical tax talk – David's dropping knowledge bombs on loopholes and strategies that go beyond the dollar signs. 🚀 We wrapped it up with book recommendations, Marvel geek-outs, and plans for the next comic-con. So stay tuned, stay curious, and as always Family…enjoy your First Sip!🔌 Connect with David Timestamp Overview: 00:00 Introduction and Importance of Taxes04:39 IRS Hiring and Funding08:23 PPP Funding and Tax Issues10:14 Tax Implications of Crypto and Investment Apps13:12 Employee Retention Credit and Fraud16:13 The Importance of Accounting and Outsourcing20:42 Getting Started with Taxes and Accounting24:00 Tax Tips for Starting a Business30:18 Reconciling Books and Filing Taxes36:06 Understanding Tax Loopholes and Laws37:05 Year-End Tax Planning39:44 Encouraging young people to join the tax industry45:48 The benefits and opportunities in the accounting space48:37 The importance of continuous learning in accounting52:59 The power of networking and building relationships57:42 Content Rec of the week:58:09 Discussion on Marvel and Comic-Con01:01:47 Staying informed through interviews and conferencesWhat did you think about this episode?--------------------------------🏡 Ready to take the next steps towards your future home? I'm here to help! Call or Text: 267-715-9872 Email: [email protected] Connect With Me Online: YouTube Instagram Facebook LinkedIn Follow the Podcast: Instagram For podcast sponsorship & advertising opportunities please contact: [email protected]

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