Tax Tips Wherever, Whenever
Stay up to date with important tax information through our Tax Podcast and resources
FEATURED POSTS
What kind of rental portfolio does a CPA have?
REAL ESTATE
Did you buy a longterm or short-term rental property? So did we! Start here.
BUSINESS
Business write-offs 101 - How can you write them off legally and better yet, how can you maximize them?
PERSONAL
Tax season is here. What do you need to know and what can you do to make bet Turbo Tax.
Real Estate Tax Tips
In this episode of Office Hours, Derek Fujikawa, the managing partner of Fujikawa and Associates, shares his impressive rental portfolio success.
With options like LLC, Sole Proprietorship, C Corp, and S Corp, it's easy to get confused. In this blog post, we will explore how switching from an LLC or Sole Proprietorship to a Corporation can save you up to $10,000 in taxes.
In this blog post, we will delve into the tax advantages of popular investments such as solar energy, electric vehicles (EVs), rental properties, and even hiring your kids. As a CPA, I will break down the potential tax implications of these investments and provide insights on whether they are worth considering. So, let's dive right in!
In this blog post, we will break down the key points discussed in a recent episode of the Office Hours tax podcast by Fujikawa and Associates. From understanding capital gains to the benefits of living in the property you flip, we'll provide you with valuable insights to help you navigate the tax landscape of house flipping.
Are you interested in investing in real estate and wondering how to buy an apartment complex? Well, it's not as far-fetched as it may seem. In this blog post, we will summarize a video where Derek Fujikawa, a CPA, explains the process and considerations involved in purchasing an apartment complex. From understanding the rules of self-directed IRAs to exploring cost segregation and passive income options, syndications, limited partnerships, and more, we will cover the key points to help you make informed decisions and break down the structure and funding options for investing in these lucrative real estate ventures. So, let's dive in!
In this episode of the Office Hours Podcast by Fujikawa and Associates, hosts Josh and Derek discuss the benefits of building an Accessory Dwelling Unit (ADU) in your backyard.
In this blog post, we will delve into the different types of trusts and estate planning, providing a comprehensive breakdown of their significance, and reasons why a family trust is a crucial component of estate planning.
Short term rental properties are a great investment for high earners. They deliver strong cash-on-cash returns and the underlying asset often appreciates. In addition to that, they also offer those with high W-2 income a massive opportunity to reduce their tax burden.
Owning rental property not only generates income and increases owner equity over the long term, but it also provides numerous tax benefits compared to other income-producing assets. The U.S. tax code is particularly friendly to real estate investors, and there are seven key tax benefits that every investor should be aware of.
Most people know that real estate investing is the gold standard for "write offs", but what does that actually mean?
Business Resources
In this episode of Office Hours, Derek Fujikawa, the managing partner of Fujikawa and Associates, shares his impressive rental portfolio success.
Are you a business owner looking to optimize your tax deductions? In this blog post, we will delve into the world of business write-offs and provide you with valuable insights on how to make the most of them.
In this blog post, we will delve into the world of stock compensation, explaining its various forms and tax implications, and providing valuable insights to help you make informed decisions. Let's dive in!
With options like LLC, Sole Proprietorship, C Corp, and S Corp, it's easy to get confused. In this blog post, we will explore how switching from an LLC or Sole Proprietorship to a Corporation can save you up to $10,000 in taxes.
In this blog post, we will discuss a tax hack that can potentially save you thousands of dollars in taxes. We will be focusing on a cost segregation study, which is a method used to break down the components of a property and depreciate them over a shorter lifespan. By utilizing this strategy, you can maximize your deductions and offset your income from both your W2 day job and any short-term rental properties you own.
In this blog post, we will delve into the tax advantages of popular investments such as solar energy, electric vehicles (EVs), rental properties, and even hiring your kids. As a CPA, I will break down the potential tax implications of these investments and provide insights on whether they are worth considering. So, let's dive right in!
Are you interested in investing in real estate and wondering how to buy an apartment complex? Well, it's not as far-fetched as it may seem. In this blog post, we will summarize a video where Derek Fujikawa, a CPA, explains the process and considerations involved in purchasing an apartment complex. From understanding the rules of self-directed IRAs to exploring cost segregation and passive income options, syndications, limited partnerships, and more, we will cover the key points to help you make informed decisions and break down the structure and funding options for investing in these lucrative real estate ventures. So, let's dive in!
In this episode of the Office Hours podcast, Josh and Derek from Fujikawa and Associates dive into the most commonly shared tax write-offs on social media.
In this episode of the Office Hours Podcast by Fujikawa and Associates, hosts Josh and Derek discuss the benefits of building an Accessory Dwelling Unit (ADU) in your backyard.
In this blog post, we will be discussing some of the most shared Instagram tax tips and debunking any myths surrounding them. We will also explore the possibility of writing off a $4,000 pair of Michael Jordan shoes as a tax deduction.
In this blog post, we will delve into the different types of trusts and estate planning, providing a comprehensive breakdown of their significance, and reasons why a family trust is a crucial component of estate planning.
In this blog post, we will discuss some tax tips and case studies to help you understand how you can maximize your deductions while enjoying your business travels. Join us as we dive into the world of tax deductions and learn how to maximize your benefits.
Short term rental properties are a great investment for high earners. They deliver strong cash-on-cash returns and the underlying asset often appreciates. In addition to that, they also offer those with high W-2 income a massive opportunity to reduce their tax burden.
Owning rental property not only generates income and increases owner equity over the long term, but it also provides numerous tax benefits compared to other income-producing assets. The U.S. tax code is particularly friendly to real estate investors, and there are seven key tax benefits that every investor should be aware of.
Most people know that real estate investing is the gold standard for "write offs", but what does that actually mean?
Personal Finance & General Tax Tips
In this blog post, we will discuss expert tips for maximizing your savings through year-end tax planning strategies.
In this episode of Office Hours, Derek Fujikawa, the managing partner of Fujikawa and Associates, shares his impressive rental portfolio success.
Are you a business owner looking to optimize your tax deductions? In this blog post, we will delve into the world of business write-offs and provide you with valuable insights on how to make the most of them.
In this blog post, we will delve into the world of stock compensation, explaining its various forms and tax implications, and providing valuable insights to help you make informed decisions. Let's dive in!
With options like LLC, Sole Proprietorship, C Corp, and S Corp, it's easy to get confused. In this blog post, we will explore how switching from an LLC or Sole Proprietorship to a Corporation can save you up to $10,000 in taxes.
In this blog post, we will break down some tips and strategies to make filing taxes easier. We interviewed Derek Fujikawa, a managing partner at Fuji and Associates, to get insights from a CPA's perspective. From gathering the right documents to planning for the future, here are some key takeaways to simplify the tax filing process.
In this blog post, we will demystify tax audits and provide insights from a certified public accountant (CPA) on why you shouldn't be scared. From different types of audits to red flags and ways to protect yourself, we'll cover it all.
In this blog post, we will discuss a tax hack that can potentially save you thousands of dollars in taxes. We will be focusing on a cost segregation study, which is a method used to break down the components of a property and depreciate them over a shorter lifespan. By utilizing this strategy, you can maximize your deductions and offset your income from both your W2 day job and any short-term rental properties you own.
In this blog post, we will delve into the tax advantages of popular investments such as solar energy, electric vehicles (EVs), rental properties, and even hiring your kids. As a CPA, I will break down the potential tax implications of these investments and provide insights on whether they are worth considering. So, let's dive right in!
In this blog post, we will break down the key points discussed in a recent episode of the Office Hours tax podcast by Fujikawa and Associates. From understanding capital gains to the benefits of living in the property you flip, we'll provide you with valuable insights to help you navigate the tax landscape of house flipping.
This blog post will delve into the highlights of the podcast, discussing the potential value of sports cards as investments and exploring the tax implications, strategies to mitigate capital gains, and investment opportunities associated with selling collectible cards.
In this episode of the Office Hours podcast, Josh and Derek from Fujikawa and Associates dive into the most commonly shared tax write-offs on social media.
In this episode of the Office Hours Podcast by Fujikawa and Associates, hosts Josh and Derek discuss the benefits of building an Accessory Dwelling Unit (ADU) in your backyard.
In this blog post, we will be discussing some of the most shared Instagram tax tips and debunking any myths surrounding them. We will also explore the possibility of writing off a $4,000 pair of Michael Jordan shoes as a tax deduction.
In this blog post, we will delve into the different types of trusts and estate planning, providing a comprehensive breakdown of their significance, and reasons why a family trust is a crucial component of estate planning.