how to save in taxes

Quick Guide to Deducting Meals and Entertainment

Tax deduction rules change from time to time. At the top of the year is a great time to review what you can and can’t do whether you own a medical or healthcare business or are self-employed. Entertaining clients at a sporting or social event: NO! Prior to the 2017 Tax Cuts and Jobs Act (TCJA),...
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Tax reduction strategies

What’s your CPA doing for you?

Are you sure they’re helping you save on taxes? Our clients save – on average – $37,000+ annually on taxes. Year after year. Medical and healthcare businesses and self-employed professionals are at a disadvantage – the IRS believes they earn too much and should be taxed heavily. Our Tax Planning begins with an analysis of...
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Reduce tax liability

Beware of Predatory Practices

What follows is an example of tax reduction gone wrong. True story: A woman called me recently to ask me about the legitimacy of a strategy she heard at a conference – apparently a company had convinced her to pay a $500 deposit towards a $7,500 fee for information on funneling her W-2 earnings into...
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how to reduce my taxes

You are running out of time…

We don’t mean to scare you, but you don’t have a lot of time to save on taxes in 2019. Tax Reduction with SmartCloud CPA is a legal and ethical way for doctors to lower their tax burden. Our physician and surgeon clients can save up to $60,000+ annually. Whether you have a medical practice,...
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Tax reduction services

Try tax planning to get that extra bedroom!

Life doesn’t always keep to a schedule but tax planning does! Avoid running out of cash or being pinched between new needs and your tax liability. SmartCloudCPA can help you plan for life’s adventures. We save our clients an average of $37K annually. What’s your CPA doing for you? Write an Email, Schedule a Call...
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Tax reduction strategies

Have kids under 18?

You could be saving more on taxes and expenses. The Tax Cuts and Jobs Act raised the standard deduction for single taxpayers. The deduction now amounts to $12,000 and will increase every year to allow for inflation, until January 1, 2026. Why is this good news for business owners with children under 18 years of age?...
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