Hammernik & Associates

12/16/2025

The kids serviced by AFCH are of all ages! Some suggested ideas to help pass the time and offer a much needed distraction are puzzles, play dough and Leggos❤️‍🩹 No donation is too big or small! Monetary donations are greatly appreciated as well; a big thank you to Lisa Greenberg for your generous donation that will be put to great use!!🎄

12/15/2025

So very thankful for the generosity of our special donors; Julie Reikowski, Cathy Peltier and Jane Harmeyer!!❤️‍🩹🎄

12/15/2025

The Christmas spirit is so evident in the amazing toy donations we’ve received for the kids at UW Health Children’s Hospital Child Life Program❤️‍🩹 Wow, Julie Page, your generous donation will bring so many smiles to those little ones in such great need. Thank you very much!!!!🎄❤️‍🩹🎄

12/01/2025

Any toy donation big or small can bring big courage and help brighten a hospital stay to remind a child that they are not alone❤️‍🩹 Gifts in high demand to help keep the Teens active and occupied are puzzles, play dough and LEGOs🎄

11/22/2025

On behalf of Team Sophia, we would love your help delivering happiness and healing to hospitalized children again this year!

You can offer hope and healing to kids by generously supporting our virtual toy drive to benefit the Child Life Program. Your gift will provide comfort and joy to children when they receive care in their clinics, emergency room, or have extended hospital stays.

The Child Life program positively impacts the lives of more than 5,000 children and their families by providing therapeutic play, toys, special events, and other programming to help sick kids feel better. These activities are only possible with the support of charitable gifts from individuals and corporations across our community.

American Family Insurance is generously matching every dollar donated through December 31, 2025 up to $50,000

UW Health Kids Virtual Toy Drive monetary donation link: https://give.wiscmedicine.org/campaign/726167/donate

UW Health Amazon Toy Registry Link to purchase recommended toys that get delivered directly to UW Health Child Life Program:
https://www.amazon.com/baby-reg/DZQBYMM5EXHY?ref=br_search_v2_desktop_res_1

In office Toy Donations are also GREATLY appreciated and will be delivered by Santa's helpers!!!!

11/18/2025

🚨 Tax-Time Reality Check 🚨

Are you getting true tax strategy — or just the annual scramble to file by April? Our latest blog post dives into the difference between the two:

👉 Here’s a quick breakdown:

Tax Preparation = Looking back: your Accountant gathers your numbers, plugs them into software, and files your return. Good for compliance, but it’s reactive.

Tax Planning = Looking forward: working throughout the year on entity structure, retirement contributions, income shifting, real-estate strategies, depreciation & credits. It’s strategic, proactive, and can save real money.

💡 Why this matters: The difference is more than semantics. One is a cost. The other is an investment that could pay for itself many times over.

If you’re a business owner or real-estate investor and you’re still just getting the “I’ll file your return for you” route, let's talk about elevating your game.

🔗 Read the full blog here: https://www.hammernikassoc.com/tax-prep-vs-tax-planning-which-one-is-your-cpa-actually-doing

Most business owners think their Accountant is “handling their taxes.” But here’s the truth; there’s a massive difference between tax preparation and tax planning, and most accountants only do one of them.

10/28/2025

🏡 Own a Short-Term Rental? Don’t Miss These Tax Opportunities!

If you rent properties on Airbnb, VRBO, or other short-term platforms — the IRS is paying extra attention this year. But that also means major tax-saving opportunities if you plan ahead.

In our latest blog, we break down:
💡 How short-term rentals are taxed differently from long-term rentals
💸 The deductions that most property owners overlook (think depreciation, furnishings, and travel!)
🕒 The powerful “short-term rental loophole” that can turn passive losses into active deductions
🏠 How to structure your rental for the best tax outcome — whether it’s an LLC, S-Corp, or in your own name

The short-term rental market is booming, but so are IRS audits in this area. Smart investors are using strategic tax planning to stay compliant and reduce their tax bill.

👉 Read the full blog: https://www.hammernikassoc.com/short-term-vs-long-term-rentals-tax-differences-that-matter-for-real-estate-investors
Then schedule your personalized short-term rental tax review with Hammernik & Associates to find out how much you can save this year.

If you own rental property or are thinking about investing in real estate, one of the biggest decisions you’ll make is whether to operate a short-term rental (STR) like an Airbnb or VRBO, or a long-term rental (LTR) with traditional tenants.

10/10/2025

Light the Night - Madison
We represented! We are still fundraising!

10/08/2025

Most people think tax savings only happen at the end of the year.
But the truth is — real savings come from strategy, not timing.

We’ve put together a free eBook that reveals how to start thinking differently about your taxes and your financial future.

If you want more clarity, confidence, and control over your money…

👉 Download “The Strategic Path to Tax Savings” today: https://www.hammernikassoc.com/unlock-the-strategic-path-to-tax-savings-download-your-free-ebook-today

Unlock the Strategic Path to Tax Savings

10/02/2025

🚨 Real Estate Investors: Big changes are here! 🚨

The One Big Beautiful Bill Act (OBBBA) could reshape the way you invest, save on taxes, and plan for the future.

In this video, we break down:
👉 Key provisions that directly impact real estate investors
👉 How depreciation and tax strategies may shift
👉 What steps you can take now to maximize cash flow and minimize tax liability

Smart planning today means bigger savings tomorrow! 💡🏘️

10/01/2025

📢 Real Estate Investors: Big Tax Changes Ahead! 🏡💼

The new tax bill is here — but what does it really mean for property owners, landlords, and investors? From deductions and depreciation to 1031 exchanges, these changes could have a big impact on your strategy (and your bottom line).

We’ve broken it all down in plain language so you know what opportunities — and challenges — are on the horizon.

👉 Read the full blog here: https://www.hammernikassoc.com/what-the-new-tax-bill-means-for-real-estate-investors

The One Big Beautiful Bill Act has reshaped tax law in ways that directly affect real estate investors. While many changes apply broadly to business owners, real estate stands out as one of the biggest winners, with some important caveats.

09/25/2025

The One Big Beautiful Bonus Bill Act (OBBBA) is bringing back powerful tax-saving opportunities for business owners and investors — and at the center of it is 100% Bonus Depreciation.

✅ What you’ll learn in this video:

What the OBBBA is and why it matters

How 100% bonus depreciation works under the new law

Which assets qualify for this immediate deduction

Tax planning strategies for businesses and real estate investors

Key IRS rules and important limitations to watch out for

📌 Disclaimer: This video is for educational purposes only and does not constitute legal or tax advice. Always consult with a qualified tax professional for your situation.

If you are interested in learning about our proactive planning services, you can apply for a consultation here: https://www.hammernikassoc.com/ ...