• Pay your KIDS to save on taxes?? (CPA explains how)
    2024/10/02

    Publication 929: https://www.irs.gov/pub/irs-pdf/p929.pdf



    🎙️Mitzi Sullivan CPA, Nick Grantham CPA and Heather Swan co-host their podcast called Facts, Figures and Fallacies from the Front Line. Everything from crypto currencies, changing tax laws, real estate and business management is all discussed here with you. Whether you are a teacher, contractor, business owner or stay at home parent we hope you join us each week as we share from a CPA's point of view, everything Facts, Figures and Fallacies from the Front Line!


    Topics We Discuss

    Business Taxes

    Bookkeeping Management

    Tax Breaks for Business and Contractors

    What to do with Crypto Taxes

    Health Savings Accounts

    Teachers Retirement Credits

    Retirement Savings

    Living Wills and Trusts

    Real Estate Transfer and Taxes

    1031 Exchange


    Want have a client consultation with a CPA, schedule your in-person or online appointment down below where we will find a better way.


    In-Person Client Consultation:

    https://calendly.com/mescpa/meeting


    Online Client Consultation:

    https://calendly.com/mescpa/online



    About our firm:

    Mitzi E. Sullivan CPA, PLLC is a established firm in Decatur TX that offers client-centered assurance, tax, and financial advisory services, specializing in small and medium-sized enterprises (SMEs), from inception to initial public offering.


    We serve clients all over North America working with Fortune 500 companies to Startup Businesses.

    We keep everyone updated on the latest tax laws and businesses information so you don't have to.


    Mitzi's Musings

    https://mescpatx.wordpress.com/


    Facebook

    https://www.facebook.com/mesullivancpa


    Instagram

    https://www.instagram.com/sullivanmitzi/


    X

    https://x.com/ME_SullivanCPA


    LinkedIn

    https://www.linkedin.com/company/81544820/admin/


    TikTok

    https://www.tiktok.com/@mitzisullivancpa?lang=en


    Check out more of our episodes!

    The 8th Wonder of the World: Compound Interest https://youtu.be/0_pfPbuoXTo


    Common QuickBooks Online Errors: Revenue Recognition Errors! https://youtu.be/hRiM9j3jAZs


    4 Ways to Save with New Tax Credits in 2023 https://youtu.be/97s26GLcpNg

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    4 分
  • How to EASILY clean up STALE TRANSACTIONS in Quickbooks!!
    2024/09/19

    Other Topics We Discuss Business Taxes Bookkeeping Management Tax Breaks for Business and Contractors What to do with Crypto Taxes Health Savings Accounts Teachers Retirement Credits Retirement Savings Living Wills and Trusts Real Estate Transfer and Taxes 1031 Exchange Want to have a client consultation with a CPA? Schedule your in-person or online appointment down below where we will find a better way. In-Person Client Consultation: https://calendly.com/mescpa/meeting Online Client Consultation: https://calendly.com/mescpa/online About our firm: Mitzi E. Sullivan CPA, PLLC is a established firm in Decatur TX that offers client-centered assurance, tax, and financial advisory services, specializing in small and medium-sized enterprises (SMEs), from inception to initial public offering. We serve clients all over North America working with Fortune 500 companies to Startup Businesses. We keep everyone updated on the latest tax laws and businesses information so you don't have to. Mitzi's Musings https://mescpatx.wordpress.com/ Facebook https://www.facebook.com/mesullivancpa Instagram https://www.instagram.com/sullivanmitzi/ X https://x.com/ME_SullivanCPA LinkedIn https://www.linkedin.com/company/81544820/admin/ TikTok https://www.tiktok.com/@mitzisullivancpa?lang=en Check out more of our episodes! The 8th Wonder of the World: Compound Interest https://youtu.be/0_pfPbuoXTo Common QuickBooks Online Errors: Revenue Recognition Errors! https://youtu.be/hRiM9j3jAZs 4 Ways to Save with New Tax Credits in 2023 https://youtu.be/97s26GLcpNg

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    7 分
  • How to pay estimated Taxes Avoid IRS Penalties!
    2024/08/23
    Today Nick explains how to pay estimated Taxes! Disclaimer: This is an educational resource. Consult your personal Tax & Legal professionals for advice regarding your Tax and legal needs. Other Topics We Discuss Business Taxes Bookkeeping Management Tax Breaks for Business and Contractors What to do with Crypto Taxes Health Savings Accounts Teachers Retirement Credits Retirement Savings Living Wills and Trusts Real Estate Transfer and Taxes 1031 Exchange Want to have a client consultation with a CPA? Schedule your in-person or online appointment down below where we will find a better way. In-Person Client Consultation: https://calendly.com/mescpa/meeting Online Client Consultation: https://calendly.com/mescpa/online About our firm: Mitzi E. Sullivan CPA, PLLC is a established firm in Decatur TX that offers client-centered assurance, tax, and financial advisory services, specializing in small and medium-sized enterprises (SMEs), from inception to initial public offering. We serve clients all over North America working with Fortune 500 companies to Startup Businesses. We keep everyone updated on the latest tax laws and businesses information so you don't have to. Mitzi's Musings https://mescpatx.wordpress.com/ Facebook / mesullivancpa Instagram / sullivanmitzi X https://x.com/ME_SullivanCPA LinkedIn / admin TikTok https://www.tiktok.com/@mitzisullivan... Check out more of our episodes! The 8th Wonder of the World: Compound Interest • The 8th Wonder of the World: Compound... Common QuickBooks Online Errors: Revenue Recognition Errors! • Common QuickBooks Online Errors: Reve... 4 Ways to Save with New Tax Credits in 2023 • 2023 Tax Credits for W-2 Employees - ...
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    5 分
  • Self Employment Tax Savings Through the S Corp!
    2024/07/26

    How to save over 15% on taxes just for filing as an S-Corp! Nick is here to teach you a business trick that can save you thousands! Hi, I'm Mitzi E. Sullivan, CPA. My company, Mitzi E. Sullivan, CPA offers client-centered assurance, tax, and financial advisory services, specializing in small and medium-sized enterprises (SMEs), from inception to initial public offering. Subscribe to my channel for guidance and pointers on the following: - Business Compliance - Business Income Taxation - Entity Formation and Taxation - Nonprofit - Personal Income Tax From small businesses to Fortune 500 companies, I am committed to exceeding client expectations! Please visit MESCPATX.COM or call (940) 539-3238 for more information. Mitzi's Musings https://mescpatx.wordpress.com/ Facebook https://www.facebook.com/mesullivancpa Instagram https://www.instagram.com/sullivanmitzi/ Twitter https://twitter.com/ME_SullivanCPA LinkedIn https://www.linkedin.com/company/81544820/admin/ TikTok https://www.tiktok.com/@mitzisullivancpa?lang=en Check out more episodes: The 8th Wonder of the World: Compound Interest https://youtu.be/0_pfPbuoXTo Common QuickBooks Online Errors: Revenue Recognition Errors! https://youtu.be/hRiM9j3jAZs 4 Ways to Save with New Tax Credits in 2023 https://youtu.be/97s26GLcpNg

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    3 分
  • How to choose the RIGHT business entity for your business!
    2024/07/22

    Today Mitzi, Nick, and Heather help you walk through how to choose the right business entity for your business! Topics We Discuss Business Taxes Bookkeeping Management Tax Breaks for Business and Contractors What to do with Crypto Taxes Health Savings Accounts Teachers Retirement Credits Retirement Savings Living Wills and Trusts Real Estate Transfer and Taxes 1031 Exchange Want have a client consultation with a CPA, schedule your in-person or online appointment down below where we will find a better way. In-Person Client Consultation: https://calendly.com/mescpa/meeting Online Client Consultation: https://calendly.com/mescpa/online About our firm: Mitzi E. Sullivan CPA, PLLC is a established firm in Decatur TX that offers client-centered assurance, tax, and financial advisory services, specializing in small and medium-sized enterprises (SMEs), from inception to initial public offering. We serve clients all over North America working with Fortune 500 companies to Startup Businesses. We keep everyone updated on the latest tax laws and businesses information so you don't have to.

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    7 分
  • Write-Offs & 1099 Subcontractor/Contractor Deductions!
    2024/05/31

    Hey everyone! Have you ever heard of write-offs? They are expenses that a business can deduct from their taxable income, lowering the amount of taxes they owe. Join us in this new episode as we discuss how you can save the most for your business! . . . Hi, I'm Mitzi E. Sullivan, CPA. My company, Mitzi E. Sullivan, CPA offers client-centered assurance, tax, and financial advisory services, specializing in small and medium-sized enterprises (SMEs), from inception to initial public offering. Subscribe to my channel for guidance and pointers on the following: - Business Compliance - Business Income Taxation - Entity Formation and Taxation - Nonprofit - Personal Income Tax From small businesses to Fortune 500 companies, I am committed to exceeding client expectations! Please visit MESCPATX.COM or call (940) 539-3238 for more information. Mitzi's Musings https://mescpatx.wordpress.com/ Facebook https://www.facebook.com/mesullivancpa Instagram https://www.instagram.com/sullivanmitzi/ Twitter https://twitter.com/ME_SullivanCPA LinkedIn https://www.linkedin.com/company/mitzi-e-sullivan-cpa-pllc/ Check out some of our most recent videos! 📽 Saving for Retirement? What To Do! https://youtu.be/0wBFEtSFPxU 📽 S-Corporations Explained https://youtu.be/BLuD-0Cdk-c 📽 Investing in Real Estate? Learn about Tax Free Gains Using Opportunity Zones! https://youtu.be/N41YIjla5Z4 0:00 - Intro 0:56 - Schedule C or 1099 1:51 - Common Mistakes 8:19 - Insurance Premiums 9:54 - Deductions 12:13 - Shopping Deductions 14:25 - Business /Vacation Trip 16:06 - Listed Deductions 19:52 - Health Insurance Deduction 21:05 - Receipts Tracking 24:11 - Outro

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    24 分
  • Self Employed? Home Office and Auto Deductions for the Self-Employed, Explained!
    2024/05/24

    How much do you actually save with your auto deductions? Check out on this weeks podcast of Facts Figures and Fallacies from the Front Lines! List of Deductions you can have for your business! https://mescpatx.sharefile.com/d-s8b9fc24471ec46d8a5fb465fb06b37e9 Check out the link for the graph "Simplified Option or Regular Method Chart" https://docs.google.com/presentation/d/17X586ohmeClNNiaURUpM1EgusEKfQBkGw2rSFjkXgGc/edit?usp=sharing Hi, I'm Mitzi E. Sullivan, CPA. My company, Mitzi E. Sullivan, CPA offers client-centered assurance, tax, and financial advisory services, specializing in small and medium-sized enterprises (SMEs), from inception to initial public offering. Subscribe to my channel for guidance and pointers on the following: - Business Compliance - Business Income Taxation - Entity Formation and Taxation - Nonprofit - Personal Income Tax From small businesses to Fortune 500 companies, I am committed to exceeding client expectations! Please visit MESCPATX.COM or call (940) 539-3238 for more information. Mitzi's Musings https://mescpatx.wordpress.com/ Facebook https://www.facebook.com/mesullivancpa Instagram https://www.instagram.com/sullivanmitzi/ Twitter https://twitter.com/ME_SullivanCPA LinkedIn https://www.linkedin.com/company/81544820/admin/ TikTok https://www.tiktok.com/@mitzisullivancpa?lang=en Check you more episodes: The 8th Wonder of the World: Compound Interest https://youtu.be/0_pfPbuoXTo Common QuickBooks Online Errors: Revenue Recognition Errors! https://youtu.be/hRiM9j3jAZs 4 Ways to Save with New Tax Credits in 2023 https://youtu.be/97s26GLcpNg

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    23 分
  • The Child Tax Credit
    2024/05/17

    Today Mitzi dives into C Corporations, and if it is right for you. If it is right for you. Topics We Discuss Business Taxes Bookkeeping Management Tax Breaks for Business and Contractors What to do with Crypto Taxes Health Savings Accounts Teachers Retirement Credits Retirement Savings Living Wills and Trusts Real Estate Transfer and Taxes 1031 Exchange Want have a client consultation with a CPA, schedule your in-person or online appointment down below where we will find a better way. In-Person Client Consultation: https://calendly.com/mescpa/meeting Online Client Consultation: https://calendly.com/mescpa/online About our firm: Mitzi E. Sullivan CPA, PLLC is a established firm in Decatur TX that offers client-centered assurance, tax, and financial advisory services, specializing in small and medium-sized enterprises (SMEs), from inception to initial public offering. We serve clients all over North America working with Fortune 500 companies to Startup Businesses. We keep everyone updated on the latest tax laws and businesses information so you don't have to.

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    4 分