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GavTax Advisory Services
United States
เข้าร่วมเมื่อ 7 ก.ย. 2020
GavTax Advisory Services, LLC offers Tax and Accounting Services on Demand. Services such as Tax Planning, Tax Preparation and Accounting Services For Real Estate investors and Business Owners.
Website: gavtax.com
Free Training For Real Estate Investors, Wholesalers, Flippers, Syndicators and Private Landlord:
gavtax.com/training
Website: gavtax.com
Free Training For Real Estate Investors, Wholesalers, Flippers, Syndicators and Private Landlord:
gavtax.com/training
Reduce Your W2 Taxable Income in 2024: Proven Strategies for Savings
In this video, I’ll share the most effective strategies to help high-income earners reduce their W2 taxable income in 2024. Whether you're looking to grow your wealth or save faster, these tips will empower you to make smarter financial decisions!
What This Video Covers:
- Why W2 Employees Pay More Taxes: Understanding gross income and tax brackets
- Maximize Your Pre-Tax 401(k): Contribution limits and tax advantages
- Mega-Backdoor Roth Strategy: How to contribute beyond standard limits
- Health Savings Account (HSA): Triple tax benefits for healthcare savings
- Flexible Spending Account (FSA): Saving on healthcare and dependent care
- Final Tips for Maximizing Deductions: Utilizing mortgage interest and property tax deductions
Why This Video is a Must-Watch: This video is essential for high-income earners looking to optimize their tax strategies in 2024. Understanding these tactics can significantly impact your financial future, allowing you to keep more of what you earn. Don’t miss out on these valuable insights!
If you found this information helpful, please like, subscribe, and share for more expert tips! Have questions? Drop them in the comments-we’d love to hear your thoughts!
Need expert advice on tax strategies? Gavtax Advisory Services has got you covered!
📞 919-694-6427 | 💻 www.Gavtax.com
📅 Schedule a free 15-minute consultation here: calendly.com/gavtax/15min
#TaxSavings #W2Income #TaxStrategies #FinancialPlanning #2024TaxTips #HealthSavingsAccount #RealEstateInvesting #CharitableContributions #Gavtax #WealthManagement
What This Video Covers:
- Why W2 Employees Pay More Taxes: Understanding gross income and tax brackets
- Maximize Your Pre-Tax 401(k): Contribution limits and tax advantages
- Mega-Backdoor Roth Strategy: How to contribute beyond standard limits
- Health Savings Account (HSA): Triple tax benefits for healthcare savings
- Flexible Spending Account (FSA): Saving on healthcare and dependent care
- Final Tips for Maximizing Deductions: Utilizing mortgage interest and property tax deductions
Why This Video is a Must-Watch: This video is essential for high-income earners looking to optimize their tax strategies in 2024. Understanding these tactics can significantly impact your financial future, allowing you to keep more of what you earn. Don’t miss out on these valuable insights!
If you found this information helpful, please like, subscribe, and share for more expert tips! Have questions? Drop them in the comments-we’d love to hear your thoughts!
Need expert advice on tax strategies? Gavtax Advisory Services has got you covered!
📞 919-694-6427 | 💻 www.Gavtax.com
📅 Schedule a free 15-minute consultation here: calendly.com/gavtax/15min
#TaxSavings #W2Income #TaxStrategies #FinancialPlanning #2024TaxTips #HealthSavingsAccount #RealEstateInvesting #CharitableContributions #Gavtax #WealthManagement
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What an expert presentation, in my opinon 🏆!! Thank you. The enforcement part of policy may be often overlooked, I just realized recently. I really support entities like FinCEN. This kind of agency must be developed more 🔥🌊🌞☃🕊
Great video! Thanks:-)
Are Structured Settlement companies reviewed by this agency as these companies operate across states lines? As a result, they can engage in predatory practices that may promote tax evasion.
California does not tax Lottery winnings. They are exempt
Your videos are packed with great information! They deserve to be seen by a much larger audience.
I received a K-1 for 2023. I found in there a $ amount for biofuels.
Thank you for sharing, this was helpful
Great video
So what course can i do to learn depth of real estate accounting can you tell me
Excellent
Great Video
informative video
Thanks
Nice video
Thanks
💯 keep the great videos coming team
One of my favorite subjects taxation
Great explanations
Thank You so much. Your video was well explained.
Glad it was helpful!
Your videos are very useful and provide lots of information. I have received lots of help after watching this post, please continue to share this kind of information. Thank you.
Thanks
This was super-helpful. Thanks for posting this!
California has an income taxes but they DO NOT TAX LOTTERIES
Very Good explanation!
💕 *promosm*
I love real estate investing overall in all aspects residential, commercial, notes, capital lending
Just the type of content I’m looking for. Great stuff, keep up the good work.
Real estate investment is our turf so we Love the content. We share similar messages on our channel as well. More people need to hear this, definitely Keep up the good work. We’re looking forward to seeing more videos like this, Keep being awesome!
Excellent information
Do I fill out this form if I’m a solo LLC?
great video
Nice 👍
Great content! Easy to follow and informative.
When you're saying 2024 ,is it the year you do your income tax, or the year you earn your income?
The changes for this year 2024. Its the year in which you earn your income.
"Success is ... knowing your purpose in life, growing to reach your maximum potential, and sowing seeds that benefit others." -John C. Maxwell
Thank you for sharing the latest changes in tax brought by IRS
My pleasure
Thank you so much for this video! As a small business owner this is so helpful!
You're so welcome!
Does income from a Delaware Statutory Trust qualify for the QBI deduction?
Great video and thank you for educating about this! So many unwitting are caught off guard by employers trying to cheat them out of their rights, like for unemployment. But one correction - the hiring company should NOT spell out duties and responsibilities of an independent contractor. Independent contractor is hired b/c he or she KNOWS his or her own duties and responsibilities. They are hired to fulfill a specific task. And they do it on their OWN time, not company time.
Thank you for this video. Very helpful!
Thank you Ma'am 🙂
Hi, thank you for your K1 video - very helpful, I have a question, is K1 reported redemption taxable?
Thank you for your help. Question: what if ALL of us employees at my work are being forced to 1099, and we are NOT independent contractors??!!? We have to be in an office, no benefits, no taxes, etc.
Contact the Department of Labor (DOL)
If my income is from air bnb do I put income loss as net rental estate or ordinary?
Rental estate
do investments in a property with NNN leases in place qualify for the QBI?
Can hiring a property manager qualify (or disqualify) you for the 250 hr requirement? Thx
How i will get ppt slides u present in this video.. I would like to refer that
I'll be getting one for 2022 for the first time.
hello, if I sell all tsla stock with loss and buy tsll(leverage 1.5), would it be wash sale?
I like your channel. It is very useful for me
Business don't hire independent contractors because they don't want independent contractors. They want cheap labor. They're not oblivious as to what they are doing. The misclasification is a calculated decision made to take advantage trusting, yet uneducated employees. They deserve every fine the get and more.
Well said. I was just let go because I questioned the nature of my employment status. Turns out its illegal to fire someone for such an inquiry. This is a guy I trusted, and its only now I realize he was taking advantage of me. Well, now he's getting a letter from my attorneys office any day and I no longer feel bad because hes a "good guy". Shame on me for being so trusting
If I was a victim of misclassification, can I get back pay for all the low pay and unpaid hours I had to work?
You must have records
So why should you give independent contractors workers' comp if they are not employees?
They are your employees. Stop dodging taxes and exploring your workers. Don’t be a parasite.
You don't give them workmans comp, its insurance you must purchase for yourself to cover your employees
@@type1dialectic731you mean exploit. Not explore.