Q2 is Over! | The Deduction #021

Happy Sunday! I’m sitting here at a resort in Napa, California, working and plotting on my Q3 goals, so I’m going to make this quick. Can you believe 2025 is already half over? Are you where you want to be

The Goal Isn’t Zero Income Taxes | The Deduction #020

Happy Sunday! Today I want to talk about my strategy when it comes to income taxes – and it isn’t to pay zero income tax. It’s not because it isn’t possible to pay zero income tax, because it is. The

Two Powerful (and Legal) Tax Strategies You Shouldn’t Ignore

when people see politicians in the news for how they handle their taxes, it’s easy to think they’re doing something shady. But in reality, many of the strategies they use are perfectly legal—and available to everyday Americans as well. Two

The Wash Sale Rule: Don’t Let Tax-Loss Harvesting Backfire

Tax-loss harvesting can be a smart way to reduce your taxable income—but only if you do it correctly. Many investors fall into a common trap that wipes out the benefit entirely: the wash sale rule. What Is a Wash Sale?

Can Influencers Really Write Off Luxury Items? The Truth About Section 162(a)

There’s a popular idea floating around online that influencers can write off just about anything—cars, clothes, luxury watches, even vacations—and save millions in taxes. The claim is usually tied to Section 162(a) of the tax code, which allows businesses to

Day in My Life + IRS Quarterly Payments | The Deduction #019

Happy Father’s Day to all you dads out there! Today I wanted to talk about two things. Let’s just dive right in. Behind the scenes of a 7 figure law firm owner and startup accounting firm owner. As you probably