Last Minute Year-End Tax Tips

Sdílet
Vložit
  • čas přidán 15. 07. 2024
  • Get ready to save some serious money on your taxes! In this video, Toby Mathis shares his top year-end tax planning strategies that will help you maximize your deductions before the clock runs out.
    Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 aba.link/lt3
    From cash-based deductions to post-year-end opportunities, Toby covers it all in just 15 minutes.
    Don't miss out on these last-minute tax tips - watch now and start saving! And don't forget to subscribe for more valuable tax advice.
    As the year comes to a close, don't miss out on these crucial last-minute tax tips to optimize your financial standing!
    We're sharing expert insights and strategies to help you navigate the year-end tax landscape with confidence.
    🔔 Don't forget to subscribe for more insights on real estate investing and business strategies!
    Show Notes:
    0:00 Intro
    3:12 Tax Tips for Businesses
    6:29 Holiday Party and Charitable Gifts
    10:05 Buying Equipment
    12:25 Stock Loss and Gain
    15:57 HSA Trick
    19:47 Outro
    ---------------------------------------------------------------------------------------------------------
    SUBSCRIBE
    aba.link/subscribe
    ~~~~
    FREE TAX & ASSET PROTECTION WORKSHOP
    Learn about Real Estate Asset Protection from Clint Coons, Esq., and Toby Mathis, Esq. at our next all-day FREE Live Stream. Our attorneys and specialists will answer all of your questions: Save Your Seat: aba.link/nbe
    Infinity Investing
    Ready To Make Your Money Work For You? Learn Next Level Passive Income Strategies Through Real Estate & Stock Investing.
    Attend our FREE Infinity Investing Workshop 👉 inf.link/ddfa96
    FREE REAL ESTATE INVESTMENT STRATEGY SESSION
    Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 aba.link/lt3
    TAX TUESDAY LIVE
    Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 aba.link/32k
    OTHER ANDERSON ADVISOR EVENTS
    Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
    aba.link/tobyevents
    ~~~~
    FINANCIAL PLANNING & TAX RESOURCES
    📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 aba.link/IIWbook
    Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 aba.link/tobyshop
    Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 aba.link/tobyaba
    ~~~~
    FOLLOW US:
    Instagram: aba.link/instagram
    Facebook: aba.link/facebook
    Twitter: aba.link/twitter
    LinkedIn: aba.link/linkedin
    TikTok: / tobymathisesq
    ~~~~
    CONTACT US
    Phone: 800.706.4741
    Email: info@andersonadvisors.com
    Fax: 702.664.0545
    ABOUT TOBY MATHIS
    Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
    ---------------------------------------------------------------------------------------------------------
    The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
    #taxes #taxtips

Komentáře • 24

  • @TobyMathis
    @TobyMathis  Před 7 měsíci +1

    Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 aba.link/lt3

  • @ScottBionicBlasters
    @ScottBionicBlasters Před 2 dny

    Brother, I just found your channel again. Thanks for all you do.

  • @bimdawg
    @bimdawg Před 7 měsíci +1

    Love your videos! What tax form can be used for the $50k capital gains exclusion?

  • @willmallory9085
    @willmallory9085 Před 7 měsíci

    Excellent video Brother

  • @community1854
    @community1854 Před 7 měsíci

    Very good!

  • @nevastrong2850
    @nevastrong2850 Před 7 měsíci

    HSA note-I just signed up for an HSA as I needed new health insurance. Open enrollment is now through 01/15/24. My understanding is you cannot sign up for new insurance after that until the next open enrollment period. Check w/ insurance broker & happy to hear any other input from AA followers! Fund the HSA before end of year as well. Thanks Toby for your great info!

    • @TobyMathis
      @TobyMathis  Před 7 měsíci

      Thank you for sharing your experience with signing up for an HSA.

  • @ptt3975
    @ptt3975 Před 7 měsíci +1

    Dumb question: I’m 65 still working. Can I use an HSA to pay my part B Medicare, and monthly supplement?

  • @jarrettosburn8879
    @jarrettosburn8879 Před 7 měsíci

    Mr. Mathis, do you have a short read or cliff notes type pamphlet you have created? I'd like to reference most of this information.

  • @johnhardy2702
    @johnhardy2702 Před 7 měsíci +1

    Toby....my son and I are buying multi unit apartment building. Title insurance and title search is option in this case. I'm leaning towards purchasing this for security and piece of mind. My son is opposed to spending the extra $3600. What are you thoughts? Thank you. We live in Pennsylvania

  • @sonnytimpkins9699
    @sonnytimpkins9699 Před 7 měsíci +1

    Hello Toby and Staff...Thank you for all your info and education. I would like to address this reply to Toby or qualified staff member. Is velocity banking, accelerated banking, etc. real? Can I actually get ahead by depositing my check on to my credit card and pay bills off of card? Does it work or is this a no no?

  • @Organizer14669
    @Organizer14669 Před 7 měsíci +1

    Where do you go to get good capital and loans for commercial real estate?

  • @user-hg8rs3ht7m
    @user-hg8rs3ht7m Před 7 měsíci

    what about sand/gravel sale? What can be done to help with the profits from this type of income?

    • @TobyMathis
      @TobyMathis  Před 7 měsíci

      Great question. Maximizing profits from sand and gravel sales involves strategic planning. For a detailed and personalized answer tailored to your specific situation, I recommend scheduling a free strategy session with our experts. Visit: aba.link/lt3

  • @cristy_matt
    @cristy_matt Před 7 měsíci

    Are we still on time to create a family management plan for an S corporation be for the end of the year?

    • @cristy_matt
      @cristy_matt Před 7 měsíci

      I say that because we need to get an IEN from the IRS and a DBA and I guess it takes time …

    • @TobyMathis
      @TobyMathis  Před 7 měsíci

      To ensure you make informed decisions tailored to your specific situation, we recommend scheduling a free strategy session. Visit: aba.link/lt3

    • @jessicatyree356
      @jessicatyree356 Před 6 měsíci

      It’s not a free strategy session. When I called to schedule one I was told by Anderson that I had to create a business entity and name them as the registered agent to be able to schedule the free strategy session. That costs money.

  • @laurierowley1703
    @laurierowley1703 Před 7 měsíci

    How do we work with you or find a good real estate account??
    Near Madison WI

    • @TobyMathis
      @TobyMathis  Před 7 měsíci

      If you're looking for guidance on working with us, I recommend scheduling a free strategy session. During this session, we can discuss your specific needs. Visit: aba.link/lt3

  • @merlinsreturn
    @merlinsreturn Před 7 měsíci

    Hi Toby, are there any storage facilities for gold that you would recommend in Singapore or Austria or Switerland or Cayman or elsewhere? I don't want to store in the US because of the risk of confiscation. I am searching for facilities with a track record of trustworthiness. Do you have a professional you work with to get info about gold ingeneral? Thank you!

  • @Myscentsei
    @Myscentsei Před 7 měsíci +1

    Credit card interest should be a write off.