by Roland Fink | Jun 5, 2021 | TaxBiz
There is a difference between income and wealth. Tax returns aren’t about wealth — they’re about “income”, and how that is defined. Business owners and real estate investors have access to powerful tax advantages that wage earners do not...
by Roland Fink | Jun 5, 2021 | TaxBiz
If we’ve learned anything from 2020, it’s that our best-laid plans don’t always turn out. As the great philosopher Mike Tyson once said: everyone has a plan until they get punched in the face. What is your plan for exiting your NoHo Arts District...
by Roland Fink | Jun 5, 2021 | TaxBiz
So … I’m not sure if you knew this. Apparently, running a business is expensive. And controlling costs can be daunting. But despite whatever you might see from those gurus who are posing by their Lamborghinis in the Facebook ads … even the leanest...
by Roland Fink | Jun 5, 2021 | TaxBiz
If you’ll forgive me, I’m going to get pretty geeky today. You probably didn’t realize that there are actual pros and cons to expense reimbursement for employees, etc., or using a company cc. Oh, my NoHo Arts District readers, I’m going to take...
by Roland Fink | Jun 5, 2021 | TaxBiz
For many NoHo Arts District individuals, families, and businesses, it can seem that the government has simply been throwing money around and not paying attention to what is done with it, or collecting what is due. But if you believe that the IRS won’t come...
