Tax Updates & Legislation
Carina Luo, CPA·December 21, 2025
Crypto Currency Taxes Explained — and Why Planning Before You Sell Matters
Updated: Dec 24, 2025
Carina Luo, CPA·December 21, 2025
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Retirement & EquityCarina Luo, CPA·December 17, 2025
QSBS Explained: A CPA’s Guide to the 2025 Expansion and Why It Matters
Updated: Dec 18, 2025
Carina Luo, CPA·December 17, 2025
Retirement & EquityCarina Luo, CPA·December 10, 2025
A Practical Guide to the Most Common Retirement Plans—and the 2025 Deadlines Taxpayers Can’t Afford to Miss
Updated: Dec 11, 2025
Carina Luo, CPA·December 10, 2025
Real Estate TaxCarina Luo, CPA·December 4, 2025
The Hidden Trap in 2025 100% Bonus Depreciation: Who Really Qualifies Under the OBBB Rules
Updated: Dec 11, 2025
Carina Luo, CPA·December 4, 2025
Tax Planning
Sophia Yu, CPA·November 19, 2025
Individual Year-End Tax Checklist: Smart Year-End Steps to Save
As the year comes to a close, it’s a great time to get proactive about your personal tax planning. A few smart steps before December 31 can help reduce your tax bill, boost your savings, and keep you…
Sophia Yu, CPA·November 19, 2025
Business & Entity TaxSophia Yu, CPA·November 13, 2025
Small Business Year-End Tax Checklist: Reduce Taxes and Boost Savings
Updated: Dec 11, 2025
Sophia Yu, CPA·November 13, 2025
Tax Updates & LegislationCarina Luo, CPA·November 5, 2025
A Closer Look at the "Trump Account": Is it a Tax-Smart Education saver?
As part of the One Big Beautiful Bill (OBBB) tax reform passed in 2025, the federal government introduced a new savings vehicle called the Trump Account—a program aimed at helping families set aside…
Carina Luo, CPA·November 5, 2025
Tax PlanningSophia Yu, CPA·October 28, 2025
Year-End Tax Planning: The Clock Is Ticking — Take Action Now!
As the year winds down, many business owners and real estate investors are focused on wrapping up projects, managing cash flow, and preparing for the holidays. But there’s one crucial thing you can’t…
Sophia Yu, CPA·October 28, 2025
Retirement & EquitySophia Yu, CPA·October 23, 2025
Solo 401(k) vs. SEP IRA: Which One Is Right for You?
If you’re self-employed or own a small business, one of the best ways to build wealth and save on taxes is through a retirement plan.
Sophia Yu, CPA·October 23, 2025
Tax Updates & LegislationCarina Luo, CPA·October 9, 2025
IRS Furloughs Begin Oct 8 — What You Need to Know
Beginning October 8, 2025, the IRS has furloughed nearly 34,000 employees—almost half of its workforce— due to the ongoing federal government shutdown. As a result, many IRS operations are expected…
Carina Luo, CPA·October 9, 2025
Real Estate TaxCarina Luo, CPA·October 7, 2025
Real Estate Professional Status: Unlocking Passive Loss Deductions
The Real Estate Professional Strategy: Is It Right for You?
Carina Luo, CPA·October 7, 2025
Tax Updates & LegislationCarina Luo, CPA·September 30, 2025
New 1099-K Rules under OBBB: What You Need to Know for 2025
Updated: Oct 2, 2025
Carina Luo, CPA·September 30, 2025
Real Estate TaxCarina Luo, CPA·September 25, 2025
Unlock the Augusta Rule: Earn Tax-Free Income by Renting Your Home
Updated: Oct 2, 2025
Carina Luo, CPA·September 25, 2025
Real Estate TaxCarina Luo, CPA·September 18, 2025
Cost Segregation in 2025: Smart Move or Tax Trap?
Updated: Sep 25, 2025
Carina Luo, CPA·September 18, 2025
Retirement & EquitySophia Yu, CPA·September 9, 2025
IRA Backdoor & Mega Backdoor: Be Aware of the Pro Rata Tax Issue
For high-income earners, contributing directly to a Roth IRA is often restricted by income limits. Two popular workarounds are the Backdoor Roth IRA and the Mega Backdoor Roth IRA—but it’s important…
Sophia Yu, CPA·September 9, 2025
Retirement & EquitySophia Yu, CPA·September 2, 2025
5 Tax Benefits of a Health Savings Account (HSA)
Updated: Sep 25, 2025
Sophia Yu, CPA·September 2, 2025
Retirement & EquitySophia Yu, CPA·August 26, 2025
How to Use Retirement Accounts to Reduce Your Business Income Tax
For many small business owners and self-employed professionals, taxes are one of the largest expenses each year. The good news? One of the most effective ways to cut your tax bill is also a smart…
Sophia Yu, CPA·August 26, 2025
Tax Updates & LegislationSophia Yu, CPA·August 19, 2025
Time Is Running Out: EV Tax Credit Ends September 30, 2025
If you’ve been thinking about adding an electric vehicle (EV) to your business fleet or personal garage, the clock is ticking. The federal EV tax credit—worth up to $7,500 for new EVs and $4,000 for…
Sophia Yu, CPA·August 19, 2025
Business & Entity TaxSophia Yu, CPA·August 12, 2025
Kids Helping Out in Your Family Business? You Can Pay Them Legally—and Save on Taxes!
Updated: Aug 14, 2025
Sophia Yu, CPA·August 12, 2025
Business & Entity TaxSophia Yu, CPA·August 5, 2025
The Ultimate Guide to Home Office Deductions for Small Business Owners
Running your business from home comes with a lot of perks—flexibility, no commute, and the ability to wear slippers to meetings. But one of the biggest (and most underrated) advantages? The home…
Sophia Yu, CPA·August 5, 2025
Business & Entity TaxSophia Yu, CPA·July 30, 2025
How to Pay Yourself From Your Business Without Triggering IRS Red Flags
As a business owner, paying yourself isn’t as simple as transferring money from your business bank account to your personal one—at least not if you want to stay on the IRS’s good side. The method you…
Sophia Yu, CPA·July 30, 2025
Business & Entity TaxSophia Yu, CPA·July 23, 2025
LLC vs. S Corp: Which One Saves You More on Taxes?
When you start or grow a business, one of the most important decisions you’ll make is how to structure it — not just legally, but for tax purposes. Many small business owners begin with a Limited…
Sophia Yu, CPA·July 23, 2025
Tax Updates & LegislationSophia Yu, CPA·July 15, 2025
One Big Beautiful Bill: What “No Tax on Tips” and “No Tax on Overtime” Really Mean
On July 4, 2025, President Trump signed the One Big Beautiful Bill (OBBB) into law, introducing new tax deductions that could save millions of workers thousands — especially those in the service and…
Sophia Yu, CPA·July 15, 2025
Tax Updates & LegislationSophia Yu, CPA·July 9, 2025
One Big Beautiful Bill Is Law: What Can You Do If You Are A Business Owner?
Updated: Jul 11, 2025
Sophia Yu, CPA·July 9, 2025
Tax PlanningCarina Luo, CPA·June 22, 2025
A Costly Mistake: $500,000 Exclusion Denied
Discover the pitfalls that can jeopardize your Section 121 exclusion—and how to protect your tax savings.
Carina Luo, CPA·June 22, 2025
Tax Updates & LegislationCarina Luo, CPA·June 15, 2025
Crypto Tax Rules Are Changing in 2025: What You Must Know and How to Stay Ahead
Updated: Jun 22, 2025
Carina Luo, CPA·June 15, 2025
Real Estate TaxCarina Luo, CPA·June 11, 2025
How One Airbnb Host Turned Tax Confusion Into $80,000 in Strategic Savings
Understand how short-term rental tax rules can work for you—and when they can work against you.
Carina Luo, CPA·June 11, 2025
Tax Updates & LegislationCarina Luo, CPA·May 24, 2025
The "One Big Beautiful Bill": 2025 Tax Planning Opportunities You Can’t Afford to Miss
Get ahead of the curve with Smart Tax Strategies
Carina Luo, CPA·May 24, 2025
Business & Entity TaxSophia Yu, CPA·May 22, 2025
Top 10 Tax Deductions Small Business Owners Miss Every Year
Updated: May 23, 2025
Sophia Yu, CPA·May 22, 2025
Wealth & Estate StrategyCarina Luo, CPA·May 8, 2025
How to Handle a Large Capital Gain with a CRT Strategy
For many high-income individuals and business owners, a portfolio’s greatest success can ironically become its most complex liability. A large heavy capital gain hit from selling a highly appreciated…
Carina Luo, CPA·May 8, 2025
Real Estate TaxSophia Yu, CPA·April 29, 2025
The Self-Rental Trap: A Hidden Tax Rule That Could Cost You—And How to Avoid It
If you own both a business and the property it operates from, you may be sitting on a powerful—but often misunderstood—tax situation.
Sophia Yu, CPA·April 29, 2025
Real Estate TaxCarina Luo, CPA·April 24, 2025
How One Real Estate Investor Saved $150,000 Through Strategic Depreciation
Updated: May 9, 2025
Carina Luo, CPA·April 24, 2025
Business & Entity TaxSophia Yu, CPA·April 23, 2025
Yes, Your Business Can Have a Board Meeting—And It Can Help Support Tax Deductions
Yes, Your Business Can Have a Board Meeting—And It Can Help Support Tax Deductions
Sophia Yu, CPA·April 23, 2025
Tax PlanningSophia Yu, CPA·April 12, 2025
How Can You Turn Your Home Into A Tax-Free Income Strategy
Updated: Apr 23
Sophia Yu, CPA·April 12, 2025
Business & Entity TaxSophia Yu, CPA·April 9, 2025
Are You Missing This $10,000+ Deduction? Accountable Plans Explained
If you’re like most business owners, you’re probably paying for a lot of business expenses out of your personal pocket—your home office, your phone bill, even mileage or small supplies here and there.
Sophia Yu, CPA·April 9, 2025
Tax Updates & LegislationCarina Luo, CPA·April 1, 2025
Washington’s “Millionaire Tax” Landscape: What High Earners and Investors Should Know
Washington has officially taken a major step toward taxing high-income individuals.
Carina Luo, CPA·April 1, 2025
Tax PlanningSophia Yu, CPA·March 25, 2025
Before You File: Final Opportunities to Cut Your 2025 Taxes
As the April 15 deadline approaches, it’s easy to feel like the window for tax savings has already closed. Most of the big planning opportunities do happen before year-end—but that doesn’t mean…
Sophia Yu, CPA·March 25, 2025
Real Estate TaxCarina Luo, CPA·March 18, 2025
Top 5 Tax Mistakes for Real Estate Investors: Stop Burning Your Equity
Real estate is one of the most tax-advantaged asset classes available. Between depreciation, leverage, and long-term appreciation, many investors are able to build significant wealth while keeping…
Carina Luo, CPA·March 18, 2025
Real Estate TaxCarina Luo, CPA·March 11, 2025
New FinCEN Residential Real Estate Reporting Rule Arrives in 2026 — Cash Buyers Beware
Updated: Mar 12
Carina Luo, CPA·March 11, 2025
Business & Entity TaxSophia Yu, CPA·March 4, 2025
Preparing Your Business for Sale – Four Key Steps Most Entrepreneurs Overlook
Updated: Mar 5
Sophia Yu, CPA·March 4, 2025
Business & Entity TaxSophia Yu, CPA·February 25, 2025
How Franchise Owners Can Legally Stop Overpaying the IRS
I can’t tell you how many franchise owners I’ve worked with who were blindly following their franchisor’s setup—only to find out later they had overpaid the IRS by thousands of dollars.
Sophia Yu, CPA·February 25, 2025
Real Estate TaxCarina Luo, CPA·February 10, 2025
Unlocking Hidden Cash Flow: A Strategist’s Guide to QIP, QPP, and the 2025 Depreciation Reset
In real estate and operating businesses, tax is never just a compliance exercise—it’s a cash-flow strategy. The timing of deductions can materially change how fast you scale, how you finance growth,…
Carina Luo, CPA·February 10, 2025
Tax Updates & LegislationSophia Yu, CPA·February 4, 2025
How Much Should I Send in with My 1040 Extension in 2025?
Updated: Feb 5
Sophia Yu, CPA·February 4, 2025
Tax Updates & LegislationCarina Luo, CPA·January 27, 2025
Data Sharing Between Tax and Immigration Authorities: What It Means for U.S. Visitors and Long-Term Stayers
Recent news has put a spotlight on immigration enforcement in the United States — not just on the streets, but deep within government data systems. In addition to widely shared videos of aggressive…
Carina Luo, CPA·January 27, 2025
Tax Updates & LegislationCarina Luo, CPA·January 22, 2025
Important Tax Deadlines for 2025
Updated: May 9, 2025
Carina Luo, CPA·January 22, 2025
Tax Updates & LegislationSophia Yu, CPA·January 21, 2025
2025 Tax Update: What You Need to Know This Year
As we move through the 2025 tax year, several tax rules already in effect may impact how much you owe—and how much you can save. While 2025 doesn’t bring sweeping tax reform, inflation adjustments,…
Sophia Yu, CPA·January 21, 2025
Tax Updates & LegislationSophia Yu, CPA·January 14, 2025
Understanding Form 1099-K: What Business Owners Need to Know This Year
If you accept payments through platforms like Stripe, Square, PayPal, Venmo, Etsy, Amazon, or Shopify, you may receive a Form 1099-K this year. Even if you’ve seen it before, the rules and IRS…
Sophia Yu, CPA·January 14, 2025
Tax Updates & LegislationCarina Luo, CPA·January 8, 2025
Avoid the "Information Return" Headache: Your 2026 1099 Guide
A Form 1099 is an IRS information return used to report income paid outside of the traditional employer–employee relationship. The IRS relies on 1099s to match income reported by payers with income…
Carina Luo, CPA·January 8, 2025
Wealth & Estate StrategyCarina Luo, CPA·March 24, 2022
Financial Strategies For Building Wealth
Updated: Jan 22, 2025
Carina Luo, CPA·March 24, 2022
Wealth & Estate StrategyCarina Luo, CPA·March 24, 2022
Tax Preparation and Estate Planning
Updated: Jan 22, 2025
Carina Luo, CPA·March 24, 2022
Wealth & Estate StrategyCarina Luo, CPA·March 24, 2022
The Top 10 Smart Investments
Updated: May 9, 2025
Carina Luo, CPA·March 24, 2022Get tax-saving insights in your inbox
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