Tax Strategy Articles

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I Filed Late. What’s Going To Happen Now?

By K. McKay Larsen | September 17, 2024

Understanding the Consequences Filing your tax return late can have varied repercussions, depending on your specific situation. Generally, the IRS imposes penalties and interest on the unpaid balance if you owe taxes. It’s crucial to be aware of these potential consequences so you can act promptly to minimize their impact. Immediate Actions to Take First […]

10 Steps to Your Next Rental Property

By K. McKay Larsen | June 27, 2024

If you are looking for an asset that has the potential to bring in cash flow and grow in value rental properties may be just what you are looking for. Let’s face it, everyone needs a place to live right? With the current economic situation, it might be time to think about putting some of […]

How Your Own Small Business Build Wealth and Saves You Money on Taxes

By K. McKay Larsen | June 20, 2024

Owning your own small business will save you money in taxes with write-offs and tax savings. It will help you build wealth and more personal cash flow with proper planning. During my career I have seen my wealthy clients save money and build wealth with their own small business. Think about your own small business […]

Strategies to write-off your technology expenses

By K. McKay Larsen | January 25, 2024

Technology and gadgets that are designed to make tasks easier and more efficient are in almost every business now. It’s an expense that keeps on growing every year as new technologies are invented, and others evolve and grow. Moreover, small business owners utilize technology to do business across the globe. You should be deducting these […]