Nov. 30, 2023

EP119: CPA Hacks to Keep More Cash from Uncle Sam - Eric Freeman

EP119: CPA Hacks to Keep More Cash from Uncle Sam - Eric Freeman

Discover how to navigate the tax labyrinth no matter if your income is active or passive. Uncover secrets to leveraging losses, capitalizing on deductions, and genuinely understanding the IRS rules. Whether you're a salaried employee, a self-employed entrepreneur, or a savvy investor, this episode promises actionable strategies to transform your approach to taxes and boost your wealth.

In this episode, you will be able to

  • Learn the importance of assessing current income and deductions for effective tax planning.
  • Determine future goals and adjust tax plans accordingly.
  • Analyze the impact of different types of businesses on taxes.
  • Understand the importance of evaluating an individual financial situation before making a decision.
  • Know the difference between active and passive income for tax purposes.

Resources/Links Mentioned In This Episode

About Eric

Eric Freeman, CPA, MAcc, is a Principal and Real Estate Practice Leader of BeachFleischman, PLLC, a top 200 public accounting firm. Eric’s focus is partnership taxation and complex real estate transactions, including exchanges, mergers, consolidations, buy-outs, cost segregation studies, transaction formation, and qualified opportunity zone funds.  In addition to having a successful series of YouTube videos, Eric has written many articles on real estate taxation that have been featured in The Trend Report, Phoenix Business Journal and numerous other publications. Eric is also a regular speaker for local real estate organizations, seminars, and real estate investors. With over a decade of experience, Eric offers a unique perspective to real estate taxation from his own experiences of owning and managing real estate investments. Eric is a graduate of the University of Arizona, where he received a Bachelor of Science in Accounting and a Master of Accounting.

Connect with Eric

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