taxgirl
taxgirl.bsky.social
I help people get out—and stay out—of tax trouble. Tax lawyer, writer, speaker & podcaster. Plant lover, sports fan, mom. Fueled by coffee ☕ NC → Philly for school, stayed for the pretzels and the snow. https://dot.cards/taxgirl
👤 Joined on 23 August 2023
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- 23 Ağu 2023, 15:05
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Credit card miles on a tax bill sound great until the processing fee eats them. Definitely want to see the final numbers.
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Helpful timing. With limits shifting on both sides, the year-end question becomes when to give, not just how much. Modeling this year against next, and whether to bunch several years of gifts into one, often via a donor-advised fund, can change the result. Appreciated shares are worth a look too.
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Years of losses don't kill a profit motive. Records do. Keep a business plan, a separate account and proof you changed course when the numbers went red, because that paper trail is what wins in Tax Court and with a lender.
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i LOVE cases like this. dealt with a smaller scale one in maryland ages ago. they're so fact-specific that proving them out is a blast.
Show PostI recommend your free newsletter, very informative newsletter.taxgirl.com
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