This course is all about teaching taxpayers the strategy we were never taught growing up and is about what the government wants you to do with your money so you can pay less in taxes!

  • Intro to Taxes

  • Tax Cliffs

  • Charitable Donation Strategies

  • Utilizing the Step up in Basis

  • Roth Conversions

  • Business Structuring Strategies

  • Real Estate Professional Status and Material Participation & Real Estate Tax Strategies

  • Cost Segregation Studies

  • 1031 Exchanges

  • Investing in Opportunity Zones

  • Hiring your children

  • BONUS!

    Cryptocurrency Taxes for Individuals and Businesses. NFT Taxes.

Course curriculum

    1. Introduction: Tax Masterclass: Everything They Should Have Taught Us In School

    2. Why Taxes?

    3. Intro To Tax Planning

    4. What is a 1040?

    5. Tax Planning For Everyone!

    1. Introduction

    2. Business Basics And Structuring Your Business

    3. Know The Pros and Cons Of The Different Tax Entities

    4. What Is The Deductible On My Business Return? How Do I Report This?

    5. Calculating My Home Office Deduction

    6. Deductions vs Credits

    1. Introduction

    2. How Is Rental Income Taxed Differently Than Earned Income?

    3. How should I Structure My Rental Properties? What Forms Do I Use To Report My Rental Properties Come Tax Time And What Can I Deduct?

    4. What Is Depreciation And What Are Some Strategies We Can Use With Depreciation?

    5. Real Estate Professional Status And Material Participation

    6. Short Term Rental Loophole

    7. 1031 Exchange

    8. Opportunity Zones

    1. Introduction

    2. Retro S-Corp Election

    3. Structure Your Partnership Efficiently

    4. Donor Advised Funds and Qualified Charitable Distributions

    5. Hiring Your Children Under 18

    6. Hiring Children Over 18

    7. Pre-Pay Business Expenses

    8. Roth Conversions

    9. 14 Day Rental Loophole

    10. “Mom and Pop” Real Estate Loophole

    11. Understand and Utilize The Step Up In Basis Rules

    1. Introduction

    2. What Is A Cryptocurrency And What Are The Myths Around Cryptocurrency And Taxes?

    3. Major Crypto Taxable Events And Non-Taxable Events

    4. How Is Cryptocurrency Taxed?

    5. Deductible Crypto Transactions

    6. What Are NFT’s And What Are Their Tax Implications?

    1. Message From The Tax Guru - Grant Dougherty

About this course

  • $97.00
  • 37 lessons
  • 2 hours of video content

At Your Service!

Your Partner in Financial Freedom

Grant Dougherty

EA, MBA

Dougherty Tax Solutions is a family owned and operated Tax Business that takes pride in teaching our clients the rules of the game, the finance game. Our CEO is a tax professional that has spent the past 5 years devoted to understanding the tax code, and providing assistance to small business owners and professionals alike to help them not only lower their tax bill, but grow their business and personal finances as well!

-

Disclaimer

Contents of this course should NOT be taken as legal or tax advise but rather for educational purposes. Everyone has a unique circumstance that should be discussed with a licensed tax and legal professional.