Learn Tax Saving & Wealth Building Strategies
Managing your business finances should feel like running your own little bank. Your business brings in deposits (revenue), and you strategically move those funds into various “buckets” based on specific needs. This method ensures you’re prepared for anyth
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An HSA might just be one of the most underrated financial tools available, offering not only tax advantages but also flexibility and growth potential that could make your future self high-five your past self. Ready to explode your HSA savings?
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Imagine stepping onto a rollercoaster, not knowing if the ride will thrill or terrify. That's how some perceive stock market investing – a wild, unpredictable ride. (And let’s face it, those who jump in without doing their homework aren’t exactly betti
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Home prices have been on a steady upward trajectory for several years. Between 2019 and 2020 alone, the average home price in the U.S. rose by about 12%, and prices have continued to climb by an additional 4-5% annually. According to the National Associat
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Investing in rental properties can be a lucrative and rewarding venture, but it requires careful planning, strategic thinking, and a long-term perspective. In this guide, we’ll explore essential strategies and considerations for buying rental properties t
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When it comes to owning a business with multiple partners, trust is essential but not always enough. The story of James Maggard, a minority shareholder in an S corporation, serves as a powerful warning about the risks of placing too much trust in business
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Hiring independent contractors has long been a favored strategy for businesses looking to reduce costs and maintain flexibility. Unlike employees, independent contractors are not protected by most federal and state labor laws, including the Fair Labor Sta
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A Buy-Sell Agreement (BSA) is a vital tool for closely held business owners, providing a clear, structured process for handling business interests in various scenarios, such as death, retirement, divorce, or disability. A well-crafted BSA not only ensures
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Investing in real estate can be a powerful strategy for building wealth, and using whole life insurance as a funding source is an innovative approach some investors consider. Whole life insurance policies, which combine life insurance coverage with a cash
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At Tax Code Advisors, we are more than just a firm; we are your trusted partners in navigating the complexities of taxation. Our team is a robust assembly of seasoned professionals, including Enrolled Agents (EAs), Certified Public Accountants (CPAs), and other specialized tax experts, all united by a shared commitment to excellence.
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Worried about leaving your loved ones with a hefty tax bill and navigating the complexities of probate? We understand. High net-worth individuals like you face unique challenges in preserving wealth and ensuring your wishes are followed.
