If you’re an accountant, what’s the HABU (Highest And Best Use) of your time? Our advice: Don’t get bogged down by mundane tasks—it will stand in the way of tackling your true priorities. Taking your firm to the next level doesn’t have to be hard, according to a recent article by Clayton R. Weir.Technology can turn the trick. When
Recently Julio Gonzalez, Founder and CEO of Engineered Tax Services, wrote a comprehensive two-part series of articles about the art of the real estate tax deduction that was published by Tax Practice News. Both parts cover tax tools and strategies for real estate owners and investors to maximize their deductions. Julio shares his secrets collected over 20-plus
Since this is National Small Business Week (September 12 to September 18), we’d like to mention the fact that our CEO and founder, Julio Gonzalez, established Engineered Tax Services in 2000 specifically to serve small businesses—to look out for the little guy. “I founded ETS to reward the great behavior of small business owners with substantial tax
Today the accounting profession is under pressure. Slimmer profit margins. Intense competition. The pandemic. The changing role of the partner. And most of all, a workforce shortage. Fewer young people coming out of college are choosing to become CPAs. Is there a solution? Actually, there’s a combination of solutions (such as making the crucial
The real estate world has an innovative tool at our disposal — tokenization — that can facilitate making illiquid assets (like real estate holdings) liquid. Real estate has almost always been considered a relatively safe investment. As Mark Twain famously said, “Buy land, they aren’t making it anymore.” After all, whatever happens in the stock
You may not be aware of it, but if you’re a property owner, some changes to current tax laws could put substantial money in your pocket, especially via cost segregation studies. With a little strategic planning, you can drastically reduce your tax liability and generate retroactive refunds for extra cash flow, freeing up capital for