REI WEALTH MONTHLY Issue 31 - Page 30

TOP 5 MISTAKES THAT MAY BE COSTING YOU MONEY AMANDA HAN & MATTHEW MACFARLAND There are so many strategies that are available for each of us to utilize for saving taxes, and all it takes is knowing how. So ask yourself: 1. Do I know what I can legally deduct on my tax return? 2. Do I have a plan in place to minimize my taxes each year? 3. Do I meet with my tax advisor throughout the year to learn new strategies that are available to me? We hope that you can answer “Yes” to all of the questions above. If not, then get in touch with your tax advisor to do some proactive planning. Take some time now to put strategies in place to keep more of your money. If you have not already done so, check out our newest book Tax Saving Strategies for the Savvy Real Estate Investor on Amazon to discover strategies that you can use to reduce your taxes each and every year. Amanda Y. Han CPA Amanda has Matthew T. MacFarland, CPA over 18 of Matt has over 20 years of experience in with special public accounting as a CPA & Tax Strategist. emphasis in real estate, self-directed He has worked for both the “Big 4” and investing, and individual tax planning. regional CPA firms. While at Deloitte, Matt Amanda has extensive "Big Four" public served as a Tax Manager in their Private accounting experience in the Lead Tax Client Advisor (PCA) group where he Group servicing clients in the real focused his expertise in tax planning and provided tax compliance for high net worth individuals, compliance for experience as a CPA estate industry. consulting and companies She tax engaged years in land development, residential development, medical facilities, and conglomerate shopping malls. business owners, commercial real estate Keystone CPA, Inc. Phone: (877) 975-0975 investors, and professional athletes. His diverse portfolio of clients included real estate, manufacturing, retail, technology, and professional services industries.