4 Strategies To BEAT Year-End Taxes w/ Karlton Dennis

Both of my favorite

Two of my favorite tax strategist. You guys should do more shows together.

LOVE YOU GUYS!!!

The next best thing is an FSA, for those who love their Cadillac insurance (like I do).

Great stuff... thank you!.......

does IRS have limition on car depreciation? what i remember is $19,200 max in 2023?

how does the auto bounus deprecation with a 6000 lb truck at 80k work if you are an LLC and you dont make more than 80k in the llc, I do have w2 income > 80k from my day job

Great episode guys!

Can you still contribute to a solo Roth 401K if I already max out in my company 401K?

The day after guys???? Wouldn't that make you "Plan B" just by definition?

To add my tip, on top of these tips, … sign up for (AND USE) a biz credit card with a high sign up spend bonus to purchase that very same office equipment mentioned in the video… getting all of those tax benefits and then even getting $900+ back as a card spend bonus ;) (or airline miles for that matter.. w/e your flavor)

Teenagers know everything. Too funny!!

Excellent discussion. Thank you!

Great episode guys!!!
I did the vip tax challenge but wasn’t interested after day two I have better use of 50k.

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 7k in March 2023...

Please do more ESA and how we can get loans from our solo 401k

Why am I just finding your channel!! I would love your help/advice or maybe another video idea. You have amazing videos on IRAs. With me at 52 and retired and don’t have any earn income coming in. But have big cash that I will be soon investing in the market. What are some tricks to be able to use a Roth IRA. Especially at my age to be able to catch up before 59.5 years old?

can you pay a kid 13k and then charge 12k in rent, or for car or...?

"fair share" lol good one

Thank you for this! Question: if you put your kids on payroll, do you have to pay unemployment insurance for them? In Wyoming, they make you pay it and they don't allow an exemption for them. 😞

Don't you still have to pay and withhold Social Security and Medicare when you pay your child a salary?

These dudes seem cool as hell lol! Idk why but whenever I watch Mark and Karlton, I wanna hangout with them

If i make less than 10 k off my llc but 235k off my w2 , then should keep llc not conv to S?

I love these guys!!!

Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account.

Your content helped me a lot to take my doubts, thank you very much

Love, love, love the energy in this collab! Lots of gold nuggets, as always!

Glad to waste some of my time to not be in a business owner or into real estate.. That can take a lot of advantages of the system . But just being a normal worker.

Wow, I'm glad to hear you're from the TriCities. I'm in Kennewick. Awesome videos. I just formed an LLC and applied for the St. business license.

thats the same type of man that would brake those windows by bloody hands if he had to for his family

حلم 💭 ،،،،،،،،،،،،،،،،،حلم حلم 💭 حلم 💭 حلم 💭

So much good strategies! Love it!

The silent thorn in my foot is SELF EMPLOYMENT TAXES 🥹

I make 170,000 in my job but my real estate makes about $35,000 a year. Should I be an LLC or an S-Corp?