Its The Tax Takeover Season 3 Avoiding the Gift Tax Trap: Tax-Smart Options for Transferring Assets to Your Children In this episode we dive deep into the intricate world of gift tax strategies, providing you with valuable insights and practical tips to navigate this complex terrain. Transferring assets to your children can be a powerful wealth-building tool, but it's crucial to understand the potential tax implications involved. That's where our team of experienced tax strategists comes in, bringing you expert guidance on how to avoid the gift tax trap and maximize the benefits of asset trans ..read more

Its The Tax Takeover Season 3 Dreams to Financial Reality: Mastering 529 Savings Plans In this episode, we will guide you through the intricacies of 529 plans, helping you understand the different types, tax benefits, and investment options available. We will explore how these plans can be used to save for educational expenses such as tuition, room and board, books, and more. We will share expert advice and tips on how to maximize your savings potential within these plans. We'll discuss contribution limits, eligible expenses, and reveal lesser-known strategies to optimize your investment retur ..read more

It's The Tax Takeover Season 3 CREATIVE WAYS TO EMPLOY YOUR KIDS AND REDUCE YOUR TAX LIABILITY Do you have a business? Do you have children? Would you like to reduce your taxable liability? If you answered yes to these questions, join us this Tuesday as we help you understand ways that you can legally employ your children in order to reduce your taxable liability and save some of your hard earned money. #ItsTheTaxTakeover #SamaraAndrews #FYEFinance ..read more

Its The Tax Takeover Season 3 Profit Potential: The Role of a Fractional CFO In Doubling Your Earnings What is the purpose of a CFO? Does my business need a CFO? These question along with others will be answered this week on The Tax Takeover as we discuss the roles of a CFO in business and how having a CFO can help to double a business's earnings. #ItsTheTaxTakeover #FYEFinance #SamaraAndrews ..read more

Its The Tax Takeover: Season 3 From Chaos To Clarity: Why Your Business Needs A CFO Running a business can sometimes feel like navigating through a chaotic storm of financial decisions. But fear not! In this eye-opening video, we explore the crucial role of a CFO and why every business needs one. Join us as we uncover the invaluable insights, expertise, and strategic vision that a CFO brings to the table. From managing cash flow and optimizing financial operations to providing key data-driven analyses, a CFO acts as the compass that steers a company towards clarity and success. Say goodbye to ..read more

Its The Tax Takeover: Season 3 My Journey: From Accountant to Fractional CFO for Small Businesses Join me on a personal journey as I share the incredible transformation of my career from being an accountant to becoming a Fractional CFO, offering specialized financial guidance to small businesses. In this inspiring video, I recount the challenges I faced, the skills I developed, and the pivotal moments that shaped my path towards becoming a trusted advisor for entrepreneurs. From managing budgets and financial reporting to strategic decision-making, I'll walk you through the unique responsibili ..read more

Its The Tax Takeover Season 3 The Augusta Rule Explained - Your Guide to Tax-Free Rental Income!" Did you know you could rent out your home tax free? This Tuesday, we will explore the benefits of utilizing the Augusta Rule—a tax provision that allows homeowners to generate tax-free rental income for up to 14 days a year. Join us as we delve into the advantages of this tax strategy , discover how you can turn your home into a potential income-generating asset, enjoy the flexibility of renting it out during special events and make the most of this tax-saving opportunity. We will also learn how t ..read more

It's The Tax Takeover: Season 3 Criteria and Loopholes for The Home Sale Exclusion Credit Although selling a property can be challenging on its own, the added stress of having to pay taxes on the earnings from the sale of your home may make it even more difficult. What if there was a way to lower the tax burden you face as a result of the capital gains from the sale of your home? The good news is that we have it for you! "Home Sale Exclusion Credit" is the name of it. Because of this credit, homeowners who sell their properties can subtract a specific portion of their capital gains from their ..read more

It's The Tax Takeover: Season 3 The Insolvency Rule, Unlocking Hidden Tax Strategies Do you know what it means if your business becomes insolvent? More importantly, do you know what to do if your business or you were to become insolvent? If you cannot answer these questions, there is no need to worry. FYE Finance has you covered. Join us this Tuesday as we help you answer these questions. We will explore what insolvency is, what to do if your business were to become insolvent, and some of the tax benefits you may be able to unlock. So this Tuesday, we look forward to seeing you in our virtual ..read more

The Tax Takeover: Season 3 Ep. 6 How To Legally Write Off Your Vacation: A Guide For Business Owners Can I write this off? Can I deduct this? Is this really a business expense? Do not worry FYE Family, we got you covered. This week on The Tax Takeover, we will go over and explain how you can legally write off some if not all of your vacation expenses. This Tuesday, we will help our business owners understand some of the criteria needed to write off business expenses while on vacation. Follow along as we list the four Rs needed so you can save some coins while you are working ..read more