Episodes
Friday Dec 21, 2018
Tax Tuesday with Toby Mathis 10-02-18
Friday Dec 21, 2018
Friday Dec 21, 2018
Toby Mathis and Jeff Webb of Anderson Advisors are here again to bring tax knowledge to the masses by answering your questions about company vehicles, expenses, capital gains tax, payroll tax, and much more. Do you have a tax question for them? Submit it to Webinar@andersonadvisors.com.
Highlights/Topics:
- Should I buy a car in my business?
- How to avoid/minimize capital gains tax on sales of stocks/mutual funds held for many years?
- I’m selling a commercial property and doing a 1031 exchange. Can I withdraw the original down payment, tax free from the sale?
- If LLC is used only for trading, can it be a single-member LLC? Or, do you recommend a multi-member LLC?
- What’s the difference between Section 179 and 100% bonus depreciation?
- What’s a cash balance plan?
- Should I have my main family home in my real estate business?
- Can corporation reimburse us for our medical premiums and HSA contributions?
- Can you have a leasing company and lease a vehicle from it?
- What do you suggest for a single-member S corp for healthcare expenses?
- We invested $35,000 with an education company. How would startup expenses work?
- What happens if your business doesn’t make any money its first year? Can you write off expenses the next year?
- Trader vs. Investor Status: Does trader status need to be declared?
- Should I run an assisted living/memory care center as a non-profit or for-profit?
- Can real estate losses offset stock capital gains?
- Which is better: Pre-nup or putting all assets in a trust?
Resources
Security Backed Line of Credit
Klabacka v. Nelson: Nevada Supreme Court Makes Historically Significant DAPT Ruling
Employee Health Benefits Allowance - What Options Do I Have?
Anderson Advisors Tax and Asset Protection Event
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