by Esther Phahla, CPA, CTC, MST With December 31st fast approaching, it’s time to review your year-end tax planning and avoid surprises come April 15, 2015. The 2013 tax year was a painful year for many high-net-worth taxpayers as they were subjected to higher tax rates, phase-out of personal exemptions and itemized deductions, the 3.8% […]
Esther Phahla is a Certified Public Accountant and Certified Tax Coach in Temecula. She also holds a Masters of Science in Taxation. She is the Best Selling Co-Author of a Tax Planning book “Why Didn’t My CPA Tell Me That”. She can be reached at (951) 514-2652.
- Posts: 33
By Esther Phahla, CPA, CTC, MST A limited liability company, or LLC, is a business structure allowed by state statute. Like a partnership or S corporation, LLCs are pass-through companies whose profits are passed along to the owners. What makes LLCs stand out from other business entity designations is the protection given to owners in […]
by Esther Phahla, CPA, CTC, MST Being a business owner comes with a number of substantial benefits: being your own boss, pursuing your passions, controlling the growth of the company. One benefit that’s often overlooked is the ability to use a business as a completely legal tax shelter. By taking advantage of tax strategies designed […]