Listen "EP 80 - Tax Savings AFTER END OF THE YEAR"
Episode Synopsis
Send us a textHigh-income earners can still take steps to reduce their past year’s tax burden even after the year has ended. This episode discusses strategies like improving record-keeping, utilizing Qualified Opportunity Zone funds, and leveraging solar investments to create significant savings.• Emphasizing the importance of detailed record-keeping for identifying write-offs • Highlighting the benefits of Qualified Opportunity Zone funds for tax deferral • Discussing cost segregation strategies to enhance property depreciation • Exploring contributions to tax-deferred retirement accounts post-year-end • Detailing solar investments and associated tax credits as recovery methods If you are making over $750,000 a year and you don’t have an advanced tax reduction strategy, you need to get with us and have a conversation about some of the more advanced things we do.
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