#TaxTalk w/ Kesha JonTae

#TaxTalk w/ Kesha JonTae

www.themillennialtaxpert.com
Everybody wants to give tax advice, but not everybody should. Join Kesha, a CPA and Enrolled Agent with over 10 years in the tax industry, as she debunks tax myths, rebuts bad tax advice, & provides updates on what’s going on in the tax industry. Whether you’re a taxpayer or tax professional, if you want to know the real deal about taxes - this is the podcast for you.


10 Things To Do Before Starting Your Business
Feb 24 • 22 min
Once you decide you want to start a business, there are a lot of little steps to take before your launch date. In this episode, I discuss ten things you should do before your business goes live. | Quick disclaimer: I am a CPA but I’m probably not YOUR…
8 Reasons Your Tax Pro Should Be Your Best Friend
Feb 23 • 20 min
Your tax professional should know about the things going on in your life like your best friend does, and in some cases even more so. In this episode, I discuss 8 major life changes that should be discussed with your tax professional either before they…
Foreign Earned Income Exclusion
Feb 22 • 28 min
US citizens & residents are required go report and pay tax on all of their worldwide income, which could result in double taxation. In this episode, I discuss the Foreign Earned Income Exclusion. | Quick disclaimer: I am a CPA but I’m probably not YOUR…
Why You All Up In My Business??
Feb 17 • 20 min
The IRS requires paid preparers to ask questions to make sure the information presented on the return is complete, correct, and consistent. In this episode I explain why we ask such probing questions. | Quick disclaimer: I am a CPA but I’m probably not…
OMG… AMAZON DOESN’T PAY TAX?!
Feb 15 • 27 min
It’s that time of year where Amazon releases its financial statements and everybody else gets angry at how much tax the company DIDN’T pay. In this episode I explain a few reasons why Amazon’s tax bill might not be as big as you think it should. | Quick…
Married Taxpayers Don’t Get to File Single
Feb 14 • 17 min
Many married taxpayers choose to file their tax returns using the single or head of household filing statuses because their spouse has past due federal or state debt. In this episode, I explain the differences between the two married filing statuses,…
You’re Not Entitled To A Tax Refund, A Rant
Feb 13 • 13 min
Tax season is a time to square up with the government for the prior year, not get an extra check. Sometimes you owe, sometimes you’re owed. It’s simple arithmetic. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in…
Self Employment & EIC
Feb 12 • 20 min
The Earned Income Credit is one of the nation’s largest anti-poverty programs and the IRS side eyes Schedule Cs that put taxpayers within EIC range. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this episode and…
Do You Need To File Your Business Income?
Feb 11 • 19 min
One of the most common questions I get this time of year is “do I have to file my business income?”. In this episode I discuss the filing requirements for the different types of business entities. | Quick disclaimer: I am a CPA but I’m probably not YOUR…
Business or Hobby Pt 2
Jan 26 • 12 min
The IRS uses 9 factors to determine whether your “income producing activity” is a business or hobby. In this episode, I discuss the remaining four of those factors. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in…
Business or Hobby?
Jan 25 • 14 min
The IRS uses 9 factors to determine whether your “income producing activity” is a business or hobby. In this episode, I discuss five of those factors. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this episode…
Why Starting A Business May Not Be A Good Tax Saving Strategy
Jan 24 • 17 min
You’ve probably seen the posts on social media about starting a business to take advantage of deductions that can help offset your income and save money on your tax return. In this episode, I talk about three reasons why this isn’t actually a good tax…
Independent Contractor or Employee?
Jan 23 • 16 min
In this episode we discuss the importance of making sure you classify your workers correctly. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this episode and every episode of tax talk is meant to be informational…
Is This Income?
Jan 22 • 13 min
It’s usually pretty easy to determine what should be included in income. However, sometimes it’s not so clear. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this episode and every episode of tax talk is meant to…
More on Hiring Your Children
Jan 21 • 12 min
In this episode I explain a little more about the strategy of hiring your children to shift your income from good higher tax bracket to their lower tax bracket. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this…
5 Tips for Hiring Your Children The Right Way
Jan 20 • 20 min
You’ve seen the memes & screenshots floating around social media about hiring your children in your business “tax free”. In this episode, I explain what it means to pay your child “tax free” and give five tips for hiring your child the right way. | Quick…
A Word About LLCs
Jan 19 • 15 min
Before you go take that advice from a random post you saw on the interwebs and start an LLC, listen to this podcast. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this episode and every episode of tax talk is…
The Easiest Tax Saving Tip EVER!
Jan 18 • 16 min
If you’re one of those people that wait until the last minute to file your tax return because you know you’ll owe a lot of money… this episode is for you. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this…
Form 1099-MISC & Form W-9
Jan 17 • 16 min
In this episode I explain the importance of Forms W-9 & 1099-MISC | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this episode and every episode of tax talk is meant to be informational in nature and is not…
Taxes Are Not Magic, A Rant
Jan 16 • 12 min
With the huge influx of new “tax professionals” it’s important to know the difference between people DO taxes and people who KNOW taxes. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this episode and every…
Is Your Preparer A Fraud? 5 Red Flags
Jan 15 • 13 min
Anybody can be a tax preparer these days. The barrier to entry is low and the tax prep industry is highly unregulated. In this episode, I go over five red flags you should be looking out for when choosing a new preparer. | Quick disclaimer: I am a CPA but…
Let’s Spend Your Tax Refund!
Jan 14 • 15 min
The average IRS refund in 2019 was $2,725. What did you do with yours? Better yet, what are you planning to do with your tax refund this year? In this episode, I give you a few ideas of how we can spend your money. | Quick disclaimer: I am a CPA but I’m…
#TaxTalk w/ Kesha JonTae (Trailer)
Jan 13 • 0 min
—- Send in a voice message: https://anchor.fm/taxtalk/message
Using Payment Apps in Your Business
Jan 13 • 2 min
If you’re using Cashapp, PayPal, Venmo or Facebook payments in your business to accept payments or pay vendors you need to do a few extra steps to make sure that you’re properly reporting all of your income & expenses at tax time. | Quick disclaimer: I am…
Welcome to #TaxTalk
Jan 12 • 6 min
Learn a little bit about me, what #TaxTalk is and how it came about, and what you can expect to hear on this channel. —- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app —- Send in a voice message:…