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Why Retain Atlanta Business Advisors Year-Round

Why Retain Atlanta Business Advisors Year-Round

Let’s get real: It’s mid-March and January’s zeal for fixing all the broken things in your business has probably faded by now.Maybe you started the year with a bang, but the grind has set in and it feels more like, well, a grind.That new spreadsheet you created to...

Using Tax Lot matching to reduce taxes

Using Tax Lot matching to reduce taxes

A Tax Lot is the recorded details of a security acquisition. Each acquisition on different dates or with different prices represents a new tax lot. Tax lots show cost basis information for positions. By Tax Lot Matching investors can specify which specific shares of a...

Email Inbox Management for Atlanta Business Owners

Email Inbox Management for Atlanta Business Owners

Now that we’re a week into the new year, all of last year’s broken things in your Atlanta biz have likely smacked you in the face a few times. Sadly, they didn’t magically get fixed while you were cleaning up wrapping paper and sneaking another sugar cookie.But it’s a...

Taking on Changes to Designated Roth Accounts

Taking on Changes to Designated Roth Accounts

The delayed, 2026 effective date for changes to Designated Roth Accounts looms large…and not everyone will welcome the rather drastic change. The delayed effective date is good news and gives planners some time to figure out how to make it work. While the option is...

Should I Invest in Art? Can I deduct it?

Should I Invest in Art? Can I deduct it?

For anyone expecting a big return on the signed print they bought online, know that a mere one percent of all artists generates more than half of all artworks sold globally. While there is no way to ascertain the next big thing in art, and no guarantee of a positive...

How to make Recreational Gambling Less of a Gamble

How to make Recreational Gambling Less of a Gamble

You’ve heard the expression “the house always wins” when it comes to gambling, and usually the IRS wins more often than it loses as well. If you’re a gambler, particularly if you’re a high roller, you need to We can help you use every deduction you’re entitled to with...

Are your ERC Claims Legitimate?

Are your ERC Claims Legitimate?

Although the ERC offers businesses potential tax credits of up to $26,000 or more per employee up to 10 employees, some ERC cheaters and scammers have driven the IRS to: ⦁ Stop processing new claims until after December 31, 2023. ⦁ Issue a Circular 230 warning to tax...

Practicing Thankfulness in Your Atlanta Business

Practicing Thankfulness in Your Atlanta Business

Does your Atlanta family sit around the table at Thanksgiving dinner and share something they’re thankful for?I’ve been at those holiday meals many a time. I appreciate the intent, and will admit it’s usually effective in getting me to feel more grateful, but I do...

Are Atlanta Consumers Exhausted by Tip Screens?

Are Atlanta Consumers Exhausted by Tip Screens?

How much tipping is too much? The drain on the consumer wallet right now is real. Everything costs more and everyone seems to be wanting more of your dollar. So, when businesses swivel that screen around with requests for 15, 18, or 20% tips on an order, it’s no...

How Boat Owners Can Leave Taxes in Their Wake!

How Boat Owners Can Leave Taxes in Their Wake!

It’s best to plan your tax strategy even before purchasing a boat by deciding on how to handle the sales tax on this high-end purchase. Some states have yearly property taxes on boats that may be more costly than sales and use taxes over the years. You need to think...

cyber network security

cyber network security

I’m continuing to avidly watch, as I’m sure you are too, the unfolding events in Gaza. Though Biden issued a back-channel warning to Iran about not joining in the conflict, the possibility of a larger scale war looms. Economically, that affects gas prices and other...

Should I Extend Credit To My Atlanta Customers?

Should I Extend Credit To My Atlanta Customers?

Before I get into the slippery slope I'm referring to, how are things for you these days? How's business going? I'd love to hear an update... so click the email at the top of the page and send me a note to let me know.And on that note, I’d also love to hear...

Work From Home Policy for Atlanta Businesses

Work From Home Policy for Atlanta Businesses

There’s no better way to celebrate work than by taking a day off. The irony of the Labor Day holiday gets me every year, but I do hope that it provided a little extra rest on the front end of a busy fall season.I mentioned in one of my recent notes another piece of...

Can You Benefit From An Upreit?

Can You Benefit From An Upreit?

Umbrella Partnership Real Estate Investment Trusts (UPREIT) allows property owners to exchange their property for share ownership in an UPREIT, usually  are subject to Internal Revenue Code (IRC) Section 721 exchanges and are deemed a REIT under standard accounting...

What You Should Know Before Hiring Your Spouse

What You Should Know Before Hiring Your Spouse

Hiring your spouse can mean big tax savings but not if you don’t do it correctly. Here’s what you need to know. Compensate Your Spouse Primarily in Tax-Free Employee Benefits, Not Taxable Wages.  Cash wages are fully taxable so concentrate your spouse’s compensation...

Can I Deduct My Cleaning Man Or Woman?

Can I Deduct My Cleaning Man Or Woman?

Are you getting the most out of your home-office deduction? If you’ve got a cleaning woman (or man) who keeps your house and office spic and span,  do you need to pay a “Nanny Tax” on this service or can you classify this expense as a Independent Contractor? The...

TAX BENEFITS OF ANNUITIES

TAX BENEFITS OF ANNUITIES

Annuities offer steady income with low risk in retirement and are sold by insurance companies. An investor deposits money with the insurer who invests and returns it via a series of regular payments through one of the following: Variable annuities – allow investments...

What You Should Know Before Hiring Your Spouse

What You Should Know Before Hiring Your Spouse

Hiring your spouse can mean big tax savings but not if you don’t do it correctly. Here’s what you need to know. Compensate Your Spouse Primarily in Tax-Free Employee Benefits, Not Taxable Wages. Cash wages are fully taxable so concentrate your spouse’s compensation...

Do Landlords Benefit From Inflation?

Do Landlords Benefit From Inflation?

A U.S. Bureau of Labor Statistics May 2023 report shows that home shelter, including rent, is the largest contributing factor to overall inflation increase. Over the 12-month period ending in May, shelter costs rose by 8.0%. Despite the increase in rents, renting is...

Is A Tiny House a Good Investment?

Is A Tiny House a Good Investment?

A tiny home is sized between 100 and 400 square feet (as opposed to the average American home size of 2500 square feet) and usually has large windows, high ceilings, and furniture that serves multiple purposes. Although tiny homes may be small, the decision to invest...

Cutting Costs in Your Atlanta Business Right Now

Cutting Costs in Your Atlanta Business Right Now

Though things might be tight economically for your Atlanta business, keep in mind, cutting corners can become a real issue.Take for example fake reviews that are so pervasive online. Some business owners are tempted to buy reviews to get their product or service seen...

IS IT WISE TO CANCEL YOUR DEBT?

IS IT WISE TO CANCEL YOUR DEBT?

Debt cancellation can help a beleaguered borrower survive but it also can trigger negative tax consequences. Cancellation of Debt (COD) Income Is Taxable. When a lender forgives part or all your debt, it results in “Cancellation of Debt (COD) Income. “ Although the...

Investing Habits of the Ultra Wealthy

Investing Habits of the Ultra Wealthy

Ultra-High Net Worth Individuals are those who have net worths of at least $30 million of shares in private and public companies, real estate, and personal investments. It’s easy to believe that secret investment strategies lead to such wealth but overall, the actual...

Are you a Risk Averse Real Estate Investor?

Are you a Risk Averse Real Estate Investor?

High-risk real estate speculating and investing is like walking a tightrope.  It’s not for everyone. If you are a risk-averse person and investor, here are some guidelines to keep you on a more conservative path: Avoid highly volatile real estate. Don’t be lured into...

A Step-by-Step Guide to Business Loans

A Step-by-Step Guide to Business Loans

Ever feel like the whole world is taking a summer vacation except you?That’s real: Small business owners can’t always afford to step away from the helm to take those long, glorious vacations you see on social media (maybe beach and Europe photos are already popping up...

Slash Taxes & Build Wealth w/ Oil & Gas

Slash Taxes & Build Wealth w/ Oil & Gas

 Description: Investing in oil and gas can build your wealth AND reduce your taxes! One of the most significant tax deductions is the intangible drilling cost deduction, which allows investors to use drilling and development costs to be deducted against your...

Long Term Financial Planning w/ Joseph Clark

Long Term Financial Planning w/ Joseph Clark

 Description: Long term financial planning is essential for helping individuals and families reach their financial goals, and can help one plan for retirement, save for college tuition, or have a safety net in case of an emergency. But how many of you actually do it?...

Real Estate Tax GEEKOUT

Real Estate Tax GEEKOUT

Listen to me and Bernard Reisz of Resure Financial as we dive into a variety of tax and real estate investing topics. We discuss retirement accounts, capital gains planning, grouping elections, material participation, 1031 exchanges, capital gains planning and real...

Making a Plan to Reskill and Upskill Your Staff

Making a Plan to Reskill and Upskill Your Staff

Well, here we are — just like that, we find ourselves already a quarter of the way through 2023. While people everywhere are breaking out the deep cleaning sprays and scrub brushes to get a little springtime sparkle, you might want to be thinking about a similar...

College Financing Secrets w/ Ron Caruthers

College Financing Secrets w/ Ron Caruthers

We are so excited to finally be discussing Advanced Strategies for College Financing with our clients this year! Listen to Ron Caruthers and I discuss how you can win the tax and financial planning game for your children's college educations! In this webinar we will...

My Atlanta Small Business Health Quiz (Part 2)

My Atlanta Small Business Health Quiz (Part 2)

Last week, I began asking you a series of questions about your business. Hopefully those have had some time to percolate in the business-owner-guru-strategist side of your brain. I'd like you to thoughtfully consider the new questions I'm raising today. Please do...

My Atlanta Small Business Health Quiz (Part 1)

My Atlanta Small Business Health Quiz (Part 1)

Something a little different for you today. A quiz you’ll actually find useful (unlike all those BuzzFeed ones about which vegetable are you most like). Taking a minute to examine your small business’s health this time of year will help shape how you reach for your...

WHAT A TAX CPA CAN DO AND WHY TAX MATTERS TO YOU

WHAT A TAX CPA CAN DO AND WHY TAX MATTERS TO YOU

Mark Perlberg:                  How's it going, all my real estate investor audience and also all of my fellow CPAs and EAs listening to our material? We have an interesting conversation and presentation that I thought I would add to our podcasts and webinars. This is...

DO I NEED AN LLC TO HAVE WRITE-OFFS?

DO I NEED AN LLC TO HAVE WRITE-OFFS?

Speaker 1:           Mark Perlberg, CPA here, to address the most common misperception that I see with beginning business owners. You do not need an LLC to have write-offs. You do not need an LLC to start a business. Should you have an LLC, most likely, if you have...

AFFORDABLE SINGLE FAMILY HOUSING WITH LOU BROWN

AFFORDABLE SINGLE FAMILY HOUSING WITH LOU BROWN

Mark Perlberg: I'm super excited to introduce this upcoming webinar/podcast with Lou Brown. He dives into tax advantage strategies with selling and renting out single family homes in a way that he does it to make it profitable, easy, and fun. We also talk about trusts...

1031 Strategy Stacking with David Foster

1031 Strategy Stacking with David Foster

Title: 1031 Strategy Stacking with David Foster Description: Join David Foster & Mark Perlberg CPA as we discussed how to align different 1031 Exchange strategies with your business/investment goals and tax strategies. Together with Dave Foster, Founder and CEO of...

Rent to Own and Trust Strategies

Rent to Own and Trust Strategies

Mark Perlberg:All right. I guys, I am joined by Lou Brown. He has lots of expertise and experience in a variety of areas of real estate, and also in trust and trust tax strategies. He coaches on real estate and advises on topics relating to real estate and trust and...

Tax Strategies To Achieve Financial Freedom

Tax Strategies To Achieve Financial Freedom

Mark Perlberg: All right, welcome everybody. I hope you guys are starting your years off strong this year, with some ambitious New Year's Eve goals. And a common goal, especially among real estate investors, is to achieve financial freedom. My name is Mark Perlberg,...

How to Determine if You Need A Tax Plan

How to Determine if You Need A Tax Plan

Mark Perlberg: Okay, welcome everybody to my live webinar. The topic is how to determine if you need a tax plan. This is going to be great for some of you guys and most business owners that I know. When I say business owners, I am including you real estate investors....

Short Term Rental Success Stories

Short Term Rental Success Stories

One of the best, if not THE best way, to get started in Real Estate Investment is through Short-Term Rentals and Strategies.   Success Stories and Tax Strategies. Jonathan Pacilio. He provided us with some fantastic insight into his journey and experience as a...

Tax Write Offs For House Hackers

Tax Write Offs For House Hackers

Mark Perlberg: Mark Perlberg, CPA, here to talk to you about what can you write off as a house hacker. A house hacker is someone who either lives in a room or a unit and rents out the other rooms or unit in the property that they live in. First thing I want you guys,...

Investing In Treal Estate While Raising A Family

Investing In Treal Estate While Raising A Family

Mark Perlberg: Let's start. All right. Welcome everybody. We are live, here to talk about raising a family while investing in real estate. This is a challenge for many of my clients and many people who I met, many people who I meet, and sometimes you meet people who...

Hiring a Consultant for Your Atlanta Business

Hiring a Consultant for Your Atlanta Business

Remembering and honoring Martin Luther King this week has me thinking once again about being a voice. It’s hard not to get inspired listening to the iconic words of the famous I Have a Dream speech (if you’ve never listened to the entire speech, it’s worth...

Mastering Your Atlanta Business Phone Answering

Mastering Your Atlanta Business Phone Answering

How is your year starting out? We’re into week 2 of 2023 … would love to hear back from you on what are the challenges you’re facing in your Atlanta business finances right now.Relatedly, what are your customer service goals for this year?One customer relations tool...

7 Primary Tasks For Any Atlanta Business Team

7 Primary Tasks For Any Atlanta Business Team

I don’t know about you, but after the holidays (and I hope yours were filled with good things and happy times with loved ones), I’m always a bit tapped out on the spending. But in true governmental fashion, Uncle Sam is piling it on. Seems like Congress missed...

Perlberg’s 3 Big Tips For Entrepreneurs

Perlberg’s 3 Big Tips For Entrepreneurs

Ready for some yuletide cheer? No, I’m not just talking about my big tips for entrepreneurs. Inflation might have hit its peak this year. So say the “experts.” That particular category of people hasn’t exactly covered itself with glory of late … so, we’ll see how...

Should I Extend Credit To My Atlanta Customers?

Should I Extend Credit To My Atlanta Customers?

Let me start out by once again reminding you that we are nearing year-end (as if you really needed my reminder).And while Atlanta business owners like you are wrapping up things in 2022, you’re also at that optimal time to be thinking about what lies ahead in 2023....

Perlberg’s Guide To Getting Tasks Done

Perlberg’s Guide To Getting Tasks Done

Maybe I'm writing this today because the end-of-year crunch and getting tasks done is on our minds here at Team Mark Perlberg CPA PLLC.Really, we only have a little more than a month left before 2022 is in the rearview. And my business brain wants it all. to. slow....

The Role Of The Atlanta Business Owner

The Role Of The Atlanta Business Owner

In the fashion of this season, I'm feeling particularly grateful. For many things, but especially because… Over the past few weeks and months, I've been reminded of how important the work we do here at Mark Perlberg CPA PLLC is. Not because it’s inherently noble...

Which Bills to Pay First in Your Atlanta Business

Which Bills to Pay First in Your Atlanta Business

Holiday creep. It’s real.Here we are in early November, and it feels like Christmas decorations and other holiday chicanery have already been upon us.Atlanta retailers are buckling in for what looks to be a rough shopping season, given current economic factors… BUT...

Why Your Atlanta Business Needs Cyber Insurance

Why Your Atlanta Business Needs Cyber Insurance

In today’s online-driven world, it’s no surprise that securing sensitive information is essential. Just like you cover your Atlanta business for other possible risks (property damage, theft, injury, etc.) so should you also be thinking of how to keep your business...

The Hiring Tips Your Atlanta Business Needs

The Hiring Tips Your Atlanta Business Needs

It seems like everywhere SMBs and retailers are short-staffed (and hiring). At the same time, with high inflation plaguing the country, other businesses are in the middle of layoffs.It seems as if these two realities would meet together, and establish an economic...

All About the SSBCI for Atlanta Business Owners

All About the SSBCI for Atlanta Business Owners

Fill in the blank: It takes a village to ______.While you’re probably thinking of child-rearing right now, I’d like to suggest that it applies to your Atlanta small business as well. And particularly during inflationary times. The 2020 world made it painfully obvious...

Using KPIs in Your Atlanta Business’s Goals

Using KPIs in Your Atlanta Business’s Goals

If you've been paying attention, I've been diving pretty deep into inflation-proofing measures for your Atlanta business. I want you to have the tools to not just survive these rollercoaster times, but also to thrive.The thriving starts with taking a good look at the...

Mark Perlberg’s C Corp Pros and Cons

Mark Perlberg’s C Corp Pros and Cons

Before I dive into discussing the pros and cons of a C corp, I briefly want to touch on some other things relevant to you as a Atlanta small business owner.Recession. The threat of it hangs in the air like a midwest thunderstorm. And as you anticipate it, you...

A Cutting Expenses How-to for Atlanta Businesses

A Cutting Expenses How-to for Atlanta Businesses

As a small business owner, you’re battling on a lot of different fronts right now. You’re doing your best to keep employees happy, raise prices without driving away customers, pivot to alternative supply options as your current ones dry up, adjust for changing...

Why is Account Reconciling important?

Why is Account Reconciling important?

Time to discuss everyone’s favorite topic: BANK RECONCILIATION! Reconciling is a fundamental accounting process to maintaining accurate, compliant and complete records. in fact, we will not accept clients’ unreconciled records. Reconciliations ensures that money...

Do You Need A Tax Plan?

Do You Need A Tax Plan?

While most business owners are familiar with tax preparation services, few know what tax planning entails. Listed below are some key features of tax planning and topics to consider when determining whether a tax plan is necessary Tax Preparation Vs. Tax Planning Tax...

Succession Planning 101 for Atlanta Businesses

Succession Planning 101 for Atlanta Businesses

Whether you’re partial to the Olympics or American football, this past week has brought some great athletic entertainment to many Atlanta homes and businesses. As we speak, the U.S. has managed to grab 16 medals – 7 of them gold. Among those gold medal winners...

Saving on Office Space for Your Atlanta Business

Saving on Office Space for Your Atlanta Business

Office space can be a big part of owning your own business. It can be a pretty big expense, too… And of course, the past two years might have changed how you do business in that Atlanta office – a lot. Maybe you have more people working from home. Maybe you’ve...

1031 Strategy Stacking with Dave Foster

1031 Strategy Stacking with Dave Foster

  Description: Join David Foster & Mark Perlberg CPA as we discussed how to align different 1031 Exchange strategies with your business/investment goals and tax strategies. Together with Dave Foster, Founder and CEO of The 1031 Investor, we shared the many...

How to Determine If You Need a Tax Plan

I meet so many business owners who don't know what a tax plan is and never engage a tax professional to create a forward looking plan to minimize their taxes. If you're interested in learning if you need a tax plan and what the benefits may be, check out this video!...

Investing in Real Estate While Raising a Family

Are you ready to begin your path toward financial freedom? An effective tax strategy is one of the best investments you can ever make into getting there! When pursuing financial freedom, many are held back by lack of capital, and so much of their income goes back to...

How to Determine If You’re Overpaying in Taxes

I meet so many people who have no idea what their tax returns mean, and are uncertain if they are paying the right amount in taxes. If you haven't had a chance to review your tax return with a CPA, and fully examine what everything means, and I'll walk you through how...

Using KPI’s For Your Atlanta Business

Using KPI’s For Your Atlanta Business

Being able to reasonably forecast upcoming problems has become an essential skill for Atlanta business owners -- but too many are flying blind, or doing "bank balance accounting." Can we help you fix this? Using KPI's For Your Atlanta Business "It is common sense to...