Taxes Shmaxes
Taxes Shmaxes
  • 124
  • 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 safeguard their assets and build a prosperous future. Don't let depreciation hold you back-take charge of your finances today! Hit play now and start your journey to financial empowerment. 👊💥
zhlédnutí: 31

Video

Understanding Inflation in 2024 and Annual Gift Tax Changes
zhlédnutí 63Před 2 měsíci
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!
zhlédnutí 12Před 3 měsíci
Double Your Income EASILY with this Airbnb Strategy!
How to get out of HUGE debt ⚠️💸
zhlédnutí 22Před 4 měsíci
How to get out of HUGE debt ⚠️💸
Navigating Sales Tax as an Online Seller on Amazon, TikTok Shop, Etsy, Ebay, etc.
zhlédnutí 270Před 5 měsíci
Navigating Sales Tax as an Online Seller on Amazon, TikTok Shop, Etsy, Ebay, etc.
Missed Your Tax Extensions? Navigating Extensions & Filing Tips for Procrastinators! 📅💸
zhlédnutí 25Před 6 měsíci
Missed Your Tax Extensions? Navigating Extensions & Filing Tips for Procrastinators! 📅💸
💰 Preserve your WEALTH! Master the 3-Bucket Rule for Tax Success 💡💸
zhlédnutí 42Před 6 měsíci
💰 Preserve your WEALTH! Master the 3-Bucket Rule for Tax Success 💡💸
Can't Contribute to a Roth IRA? Loophole Alert: Backdoor Roth IRA Strategy
zhlédnutí 70Před 6 měsíci
Can't Contribute to a Roth IRA? Loophole Alert: Backdoor Roth IRA Strategy
Small Business Retirement Planning: Key Deadlines You Can't Miss
zhlédnutí 27Před 7 měsíci
Small Business Retirement Planning: Key Deadlines You Can't Miss
Maximizing Profits: What Tax Strategists Want You to Know When Selling Your Business 🏢💼
zhlédnutí 15Před 7 měsíci
Maximizing Profits: What Tax Strategists Want You to Know When Selling Your Business 🏢💼
Crypto Taxes 101: Navigating Cryptocurrency Taxation Like a Pro!
zhlédnutí 51Před 7 měsíci
Crypto Taxes 101: Navigating Cryptocurrency Taxation Like a Pro!
How to Pay Your Minor Children in Your Business, the RIGHT way.
zhlédnutí 47Před 8 měsíci
How to Pay Your Minor Children in Your Business, the RIGHT way.
Which retirement plan is right for you?
zhlédnutí 42Před 8 měsíci
Which retirement plan is right for you?
Uncover the Tax Secrets of Real Estate: Your Pathway to Wealth! 🏡
zhlédnutí 51Před 8 měsíci
Uncover the Tax Secrets of Real Estate: Your Pathway to Wealth! 🏡
How much do you take home if you win the Powerball Jackpot?
zhlédnutí 5KPřed 8 měsíci
How much do you take home if you win the Powerball Jackpot?
💰 Maximize Your Wealth: How to Choose the Right Retirement Plan!
zhlédnutí 15Před 9 měsíci
💰 Maximize Your Wealth: How to Choose the Right Retirement Plan!
🚨 Stay out of Jail! Understanding BOI Reporting for Business Owners 🚨
zhlédnutí 32Před 9 měsíci
🚨 Stay out of Jail! Understanding BOI Reporting for Business Owners 🚨
What you need to know to qualify for an Electric Vehicle Tax Credit
zhlédnutí 131Před 9 měsíci
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.
zhlédnutí 15Před 10 měsíci
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?
zhlédnutí 15Před 10 měsíci
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💸
zhlédnutí 38Před 10 měsíci
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?
zhlédnutí 26Před 10 měsíci
Are you worried you have to pay taxes on a gift you receive?
🚨Huge Tax Penalty Alert🚨 Stop using your HSA account
zhlédnutí 903Před 11 měsíci
🚨Huge Tax Penalty Alert🚨 Stop using your HSA account
Small Business Owners! Transform Your Business Operations for Success
zhlédnutí 10Před 11 měsíci
Small Business Owners! Transform Your Business Operations for Success
How do the U.S Tax Rates work?
zhlédnutí 8Před 11 měsíci
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
zhlédnutí 10Před 11 měsíci
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📦
zhlédnutí 13Před 11 měsíci
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? 😅
zhlédnutí 7Před rokem
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
zhlédnutí 12Před rokem
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? 🤔💸
zhlédnutí 34Před rokem
Are you a business owner wondering how to pay yourself? 🤔💸

Komentáře

  • @giseledane
    @giseledane Před měsícem

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

  • @carltonjohnson4424
    @carltonjohnson4424 Před měsícem

    Its hard to hear you

  • @user-ct9nm8lq5v
    @user-ct9nm8lq5v Před měsícem

    😮

  • @leslieporter3350
    @leslieporter3350 Před měsícem

    'Promo SM' 🌹

  • @Needledownquilting
    @Needledownquilting Před 2 měsíci

    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 Před 2 měsíci

      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 Před 3 měsíci

    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 Před 2 měsíci

      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 Před 4 měsíci

    woah really?? cool

  • @dbag96
    @dbag96 Před 4 měsíci

    good tips! gotta play the credit card game right

  • @Aibao
    @Aibao Před 4 měsíci

    🤯

  • @DIGAHub
    @DIGAHub Před 4 měsíci

    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 Před 3 měsíci

      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 Před 5 měsíci

    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 Před 5 měsíci

      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 Před 5 měsíci

    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 Před 8 měsíci

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

  • @Any0ne33
    @Any0ne33 Před 9 měsíci

    Waiting for this to blow up.

    • @taxesshmaxes
      @taxesshmaxes Před 9 měsíci

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

  • @davehoward3645
    @davehoward3645 Před 9 měsíci

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

    • @taxesshmaxes
      @taxesshmaxes Před 9 měsíci

      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 Před 10 měsíci

    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 Před 10 měsíci

    Hank

  • @trisageonamoux9100
    @trisageonamoux9100 Před 10 měsíci

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

  • @dbag96
    @dbag96 Před 11 měsíci

    LOL

  • @geancarlo2611
    @geancarlo2611 Před 11 měsíci

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

  • @geancarlo2611
    @geancarlo2611 Před 11 měsíci

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

    • @taxesshmaxes
      @taxesshmaxes Před 11 měsíci

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

  • @danielthomas9531
    @danielthomas9531 Před rokem

    Great analogy - never thought of it like that 🪛

  • @dbag96
    @dbag96 Před rokem

    genius idea!!

  • @Fine2You
    @Fine2You Před rokem

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

    • @taxesshmaxes
      @taxesshmaxes Před rokem

      Happy you got your taxes filed on time! 💯

    • @Fine2You
      @Fine2You Před rokem

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

  • @laithalmasri6985
    @laithalmasri6985 Před rokem

    You could file for extension but

    • @taxesshmaxes
      @taxesshmaxes Před rokem

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

    • @laithalmasri6985
      @laithalmasri6985 Před rokem

      @@taxesshmaxes I know that why I said but

  • @dbag96
    @dbag96 Před rokem

    Really useful tip!

  • @Abdirazak_sulley
    @Abdirazak_sulley Před rokem

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

    • @taxesshmaxes
      @taxesshmaxes Před rokem

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

  • @yashpatil7902
    @yashpatil7902 Před rokem

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

  • @SomeShmuck
    @SomeShmuck Před rokem

    Hdr content pisses me off. Hijacking my screen brighness.

  • @NychLinzstrom-lv4yq

    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 Před rokem

      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 Před rokem

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

    • @taxesshmaxes
      @taxesshmaxes Před rokem

      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 Před rokem

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

    • @taxesshmaxes
      @taxesshmaxes Před rokem

      @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 Před rokem

    Wow really good tip!

    • @taxesshmaxes
      @taxesshmaxes Před rokem

      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 Před rokem

    Huh? You lost me.

    • @taxesshmaxes
      @taxesshmaxes Před rokem

      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 Před rokem

    Shut up bro

  • @davidjacobolopez11jacobo92

    🚶🏿🍑 🏃🏾🏃🏾🏃🏾