Tax Pros LLC

11/21/2023

Save Hundreds on Your Tax Return This Year. Returns are Just $99 State is FREE & You Can Stay on Your Couch with Our Contactless Appointments.

11/13/2023

My son visited for the Metallica concert. He went twice over the weekend. Now he’s all pumped up

11/09/2023

I just had some of the best coffee over at Hometown Smoothie & Coffee in Ovid. Owner Michael Hopp is a superb barista.

11/04/2023

$99 & State is Free

10/27/2023

I just had one of the best coffee drink I’ve ever had at Hometown Smoothie‘s in Ovid. You gotta stop in and meet Michael, great guy, and amazing drinks.

08/11/2023

🎉 Introducing our Referral Rewards Program for Tax Pros! 🎉

Refer 10 friends, family members, or colleagues for their tax needs, and enjoy a whopping $100 off your own tax return as a token of our appreciation. Sharing the joy of accurate and stress-free taxes has never been more rewarding.

07/29/2023

3-Step Structure for Real Estate investing.

1. Create an Operating Company LLC for each property. The layering in the structure is important because these LLC’s will own nothing. This gives you protection against lawsuits and liabilities. This LLC will be responsible for managing the property, handling day-to-day operations, and generating income from it. It will lease the property from the Holding Company LLC. When setting up your LLC’s assign someone as the statutory agent for added privacy.

2. Create a Holding Company LLC. The holding company will own all the interest in the LLC’s. And when the property’s pays dividends, it goes through the holding company and not to you. This will provide further tax benefits as well. This LLC will be the owner of the property and hold the legal title to it. It will have no other assets or operations.

3. Create a revocable trust. This sits on top, and owns the holding company. This is where all of your profits will flow through.

By structuring it this way, the Operating Company LLC will be the entity conducting business and holding all the operational assets and liabilities, while the Holding Company LLC simply owns the property. This separation can provide some level of asset protection and liability insulation. Be sure to consult a Tax Attorney when doing this to make sure your 100% compliant.

07/29/2023

Had a great meeting at Ryan’s with Jaclyn Hutchinson from LEAP. She was so helpful and kind. A great person to have in your corner.

07/27/2023

It so nice to be recommended by a local company. Thank you.

We greatly appreciate your support and referrals. It drives our business, and we couldn't do what we do without you!

07/26/2023

Just had a great time getting to know Don McNally, from McNally Insurance Services here in Lansing. What a quality individual, and vary knowledgeable when it comes to deciphering your insurance needs.

07/26/2023

Revenue stream bifurcation:
Breaking your business revenue into different entities.
Different entities have different rules.
1. S-Corp Bifurcation. Creating an
S-corporation is a popular strategy because S-Corps do not have to pay the 15.3% self-employment taxes.

07/26/2023

💰 Tax Savings Strategy Alert! 💰

Looking to keep more money in your pocket? 🤑 Check out this amazing tax savings strategy that can help you maximize deductions and reduce your tax burden! 💼💼

It’s called the Auguta Strategy. Here’s how it works. 

1. Select a date for a business meeting to occur at your primary residence.
2. Choose a reasonable price for your rental based on comparable spaces.
3. Create a contract between your business and yourself that documents the transaction.
4. Have an actual business meeting on that day and document the meeting notes.
5. Create an invoice for your property and pay it with your business account.

That’s it, you just got paid to have a meeting in your own home.