Passelli Accounting Services, LLC

05/13/2026

https://fredpassellicpa.substack.com/p/tax-deferred-vs-tax-free-major-differences

Tax-deferred accounts (like Traditional 401(k)s and IRAs) let you contribute pre-tax dollars, reduce your taxable income today, and defer taxes until withdrawal.

05/12/2026

05/04/2026

What is Real Estate Professional Status ?

04/27/2026

Florida LLC annual reports due May 1st, this upcoming Friday

04/24/2026

https://fredpassellicpa.substack.com/p/2026-tax-law-changes-and-updates

The 2025 tax year (filing season of 2026) has come to a close, unless you are on extension.

04/20/2026

Two 2026 Tax Law Changes and Updates

02/26/2026

https://open.substack.com/pub/fredpassellicpa/p/cash-vs-accrual-how-to-choose-and?r=5ht2y0&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Cash vs.

02/23/2026

Cash Vs Accrual Accounting - how it effects your tax return.

02/17/2026

https://open.substack.com/pub/fredpassellicpa/p/cost-segregation-strategy-the-one?r=5ht2y0&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Cost Segregation Strategy - The One Month Short Term Rental to Long Term Rental Conversion

The short-term rental (STR) to long-term rental (LTR) conversion strategy, often involving a “one month” or minimal operational period (for the short term rental passive to active loss qualification), is a tax optimization approach used by real estate investors to maximize depreciation deduction...

02/16/2026

Make sure you’ve received all your tax documents before filing. If not, an amendment will likely be necessary.