by Edwin del Carpio | Nov 26, 2024 | Tax Deductions
1. Invest in Your Kids to Take Advantage of Their Tax Brackets2. Use the 10-T Election for Mortgage Interest Deductions3. Add Property Taxes to Cost Basis with the Section 266 Election4. Invest in Municipal Bonds for Tax-Free Income5. Open a 529 Plan for Education and... 
by Edwin del Carpio | Sep 26, 2024 | Tax Deductions
Stay Ahead with Proactive Retirement Tax Planning Tax law changes can significantly impact retirement planning, requiring financial professionals to pivot strategies that once worked smoothly. As a CPA or financial advisor, staying informed and proactive is essential... 
by Edwin del Carpio | Jul 13, 2020 | Accounting News, Tax Deductions, Tax Preparation
According to the US Bureau of Transportation Statistics, as of 2018, at least 3.1 million automobiles and trucks ply across the country for business purposes. This vast number shows the importance of these vehicles for businesses and the economy. It provides them with... 
by Edwin del Carpio | Apr 19, 2020 | Accounting News, Tax Deductions, Tax Preparation
The current COVID-19 pandemic has shown the importance of sick leaves for employees and employers alike. It has also started debates on the viability of requiring employers to provide a set number of paid sick leaves annually. In this article, we will focus on the...
