by Jim Brightman | Aug 23, 2022 | Tax Planning
We know the IRS loves to make sure they get their fair share of taxes… So is it ~really~ true that they’d allow 100% tax exclusions on anything? Especially investments?!? Believe it or not… yes! Owners of qualified small business stock (QSBS) can be eligible for...
by Jim Brightman | Aug 29, 2018 | Building Wealth, Financial Planning, San Francisco, Tax Planning
Here’s what you need to know about the tax breaks for business owners and self employed persons — specifically, what you need to know about the Section 199A deduction. Regulations issued August 8, 2018 – New regs were issued to provide guidelines...
by Jim Brightman | Aug 10, 2018 | Financial Planning, Tax Planning
What if I told you there was a way to pay zero dollars in capital gains tax if you sold qualified small business stock? It might sound crazy, but there’s a little-known provision in the Internal Revenue Code that you could potentially use to your advantage. That...
by Jim Brightman | Jun 22, 2018 | Financial Planning, Tax Planning
A random, unexpected letter from the IRS is never something you want to receive — especially when that letter is a CP2000 notice, informing you that you owe them money. ???? (Money beyond what you’ve already paid in taxes after filing your return and...
by Jim Brightman | Mar 23, 2018 | Building Wealth, Financial Planning, Stock Options, Tax Planning, Tech Companies
That tax reform that happened at the end of 2017 was a doozy. In fact, a lot of people are still confused about what it all means… especially when it comes to AMT under the new tax plan. We’re seasoned with working with tech employees whose taxes are...
