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Mitchell Baldridge
baldridgecpa
I spend a lot of my time in life thinking about personal finance and tax optimization. See my longer tweets in a thread of threads below. I’ll keep this pinned
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Tax free income is hard to beat, right? Tax exclusions are one of the best outcomes you can create.The most common example is an exclusion on your residence - 500k
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One of the best opportunities out there in the tax code is the tax credit.Rather than a deduction that saves you tax at your marginal rate, a credit is a
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QBI deduction optimization is a great end of year planning technique For high income SMB owners. When used correctly, optimizing has saved my clients tens and hundreds of thousands of
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It is time Keith! This is a thread I have been meaning to write for a while, and one of the great 'opportunities' for exemption of tax out there.Pardon my
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Agree 100% - there are a million reasons to love this idea and it’s the fastest growing part of my business. 1. Charge money every month on the first of
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