Sharla / Jackie review Case studies together.
Wednesday, August 3rd, 2022
One Time: Phase I Implementation Fee $5,000
Strategy: 529 Savings Plan
Strategy: Correct BS
Strategy: Health Savings Account Optimization (HSA)
Strategy: Health/Medical Expense Reimbursement Arrangement
Strategy: Meals & Entertainment
Strategy: Reasonable Comp Analysis for Owners of Corporations
Strategy: Rent Home for Business Gatherings (Augusta Rule)
Strategy: Simple IRA
Wednesday, August 10th, 2022
Wednesday, August 17th, 2022
One Time: Implementation Fee $45,850
One Time: 2022 Tax Compliance Work $5,250
Recurring: Monthly Compliance Work $375
Strategy: Accountable Plan/Home Office Deduction
Strategy: Amendment for Missed Deductions on Prior Year Return
Strategy: C Corp: Section 1202 Exclusion of income on sale
Strategy: Life Insurance Retirement Plan (LIRP)
Strategy: Personal Reimbursement for Disaster Relief - Section 139
Strategy: Pre-Tax Benefits: Employer Benefit Package Review
Strategy: Rent Home for Business Gatherings (Augusta Rule)
ROI: 855%
Wednesday, August 24th, 2022
Canceled
Wednesday, August 31st, 2022
One Time: Phase I Implementation Fee $14,973
Recurring: Monthly Advisory and Compliance $797
Recurring: TPA: Retirement $2,000
Strategy: Choice of Entity
Strategy: Accountable Plan
Strategy: Income Shifting to Lower Tax Rate of Family Member
Strategy: Wages: Hiring kids
Strategy: Pre-Tax Benefit: 401K
Strategy: Solo 401K - Employer Contributions
Strategy: Defined Benefit Plan
Strategy: Roth IRA Contributions
Year One ROI: 497%
Year Two ROI: 1554%
Single with >$650,000 income
One Time: Implementation $1,500
Recurring: Third Part Donor $1,000
Recurring: Compliance $300
Strategy: Donor Advised Fund (DAF)
Strategy: Choice of Entity
Strategy: Other - O&G Partnership (1st year general, Sub years limited)
Strategy: Maximize Employer Retirement Match
ROI: 1921%