Tax Wealth Insights | Expert Blog Posts by Anomaly CPA

What Is A Lazy 1031 Strategy?Learn from the #1 Tax Strategist in the US

John Malone, JD, CTC

December 1, 2023

When it comes to real estate investments, taxes can be a significant burden. Capital gains and depreciation recapture can eat into your profits, limiting your ability to grow wealth. However, there is a lesser-known strategy called the "Lazy 1031" that allows you to defer taxes, maximize cash flow, and build tax-free wealth. In this article, we will explore the Lazy 1031 strategy, its benefits, and how you can implement it to optimize your real estate investments.

Understanding Bonus Taxation: A Step Towards Tax-Free Wealth

John Malone, JD, CTC

November 24, 2023

As the year comes to a close and bonus season approaches, it's crucial to turn our attention to an often complex but important aspect of our finances: income taxes. Albert Einstein once said, "The hardest thing in the world to understand is the income tax," and this holds especially true when it comes to managing bonuses. Receiving a bonus is a testament to your hard work and the role you play in your company's achievements. But as rewarding as bonuses are, they also come with tax implications. Fortunately, with the right strategies, you can navigate these waters effectively, optimizing your bonus to its fullest potential while keeping your tax liability in check. In this article, we delve into these strategies, guiding you toward maximizing your well-earned bonus in a tax-efficient manner. Bonuses are considered supplemental wages and are taxed similarly to regular wages. They are added to your total income for the year and subject to federal, state, and payroll taxes. However, the specific tax treatment of your bonus depends on various factors, including the amount and how it is paid.

Tax-Free Wealth: How Billionaires Strategize to Optimize Taxes

John Malone, JD, CTC

November 17, 2023

In recent years, there has been a growing concern over the disparity in wealth distribution and the ability of billionaires to avoid paying their fair share of taxes. As ordinary citizens struggle to make ends meet, billionaires seem to find loopholes and leverage debt to minimize their tax obligations. In this article, we will delve into the strategies employed by billionaires to achieve tax-free wealth and the implications it has on society.

529 Plans and Roth IRA for Education. Learn from the #1 Tax Strategist in the US

John Malone, JD, CTC

November 10, 2023

As parents, we all want to provide the best education for our children. Planning for their future and ensuring they have the financial resources to pursue higher education is a top priority. Two tax-advantaged options that can help you achieve this goal are 529 plans and Roth individual retirement accounts (IRAs). A ROTH can only be used if your child has earned income, such as working in your business.

}

Discover a partnership for transformational business growth.

With base level subscriptions starting at $400/month, our engagements are relationship based, combining initial strategy, implementation and ongoing support. We work with our clients throughout the year to help them transform their business. Please answer the questions on the following page so we can determine if we are a mutual fit.

start