TRANSCRIPT Hello everyone, Stephen Morris here with Advisory, and today we’re going to be talking about the new tax law updates to the One Big Beautiful Bill Act. So let’s jump into it! There aren’t a lot of huge changes, but we’ll address them point...
💡 Confused about how much you can contribute to retirement as a self-employed business owner or S Corp shareholder? In this video, Stephen Morris from Advise RE breaks down retirement plan rules for business owners, including the critical differences between Schedule...
When Do You Need a Part-Time CFO? A Guide for Growing Businesses 📄 YouTube Description:Is your business growing faster than you can manage? 🤯 Wondering when it’s time to bring in a CFO — but not sure if a full-time hire makes sense? In this video, Stephen Morris from...
Join Diana Tung and Stephen Morris, real estate tax advisors from AdviseRE, as they dive deep into the world of real estate depreciation with a twist—using short-term rentals! Learn why your typical rental is difficult to use for maximum tax savings and discover the...
Taxation of real estate gains includes understanding key concepts like basis, Section 1231 gains, and Section 1250 recapture. Basis is the initial value of the property used to calculate gains or losses upon sale. Section 1231 gains benefit from long-term capital...
Join Stephen Morris and Diana Tung from AdviseRE CPAs in Los Angeles as they delve into the world of S-corps, a business structure coveted for its tax advantages. This video unpacks everything from the basics of forming an S-corp, including legal entities and IRS...