The IRS Loopholes That Could Save You Thousands This Year with Karlton Dennis
About this episode
Nicole Lapin and tax strategist Karlton Dennis discuss legal IRS loopholes and tax strategies to save money before the filing deadline.
Tax Day is right around the corner, and tax strategist Karlton Dennis is here to make sure you don't leave a single dollar on the table. Today he breaks down the legal loopholes that you can still take advantage of before the filing deadline and the long-game moves that can keep thousands in your pocket. Nicole and Karlton cover tax strategies for both W2 employees and entrepreneurs, how parents can use the tax code to build wealth for their kids and new deductions from the Big, Beautiful Bill that you should definitely be taking advantage of. Plus, Nicole and Karlton break down viral hacks like the Range Rover write-off, the Augusta Rule that lets you pay yourself tax-free, short-term rental deductions, and putting your kids on payroll. Check out Nicole’s financial literacy course The Money School Find a Financial Advisor or Financial Coach from Nicole’s company Private Wealth Collective Watch video clips from the pod on Money Rehab’s Instagram and Nicole Lapin’s Instagram Follow Karlton on Instagram and YouTube Work with Karlton Here's what Nicole covers with Karlton: 00:00 Are You Ready for Some Money Rehab? 02:00 Last-Minute Tax Moves Before the Filing Deadline 02:38 Bonus…
People in this episode
Host: Nicole Lapin
Guest: Karlton Dennis
Topics covered
- tax strategies
- IRS loopholes
- wealth building
- tax deductions
- financial literacy
- entrepreneurship
Keywords
- tax day
- W2 employees
- entrepreneurs
- tax code
- deductions
- Range Rover write-off
- Augusta Rule
- short-term rental deductions
- payroll
Mentioned in this episode
Organizations: Money News Network, Private Wealth Collective, The Money School, Money Rehab, Instagram, YouTube
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