Skip to main content Skip to search

Archives for Uncategorized

The Government Wants eCommerce Businesses To Pay LESS Taxes (Learn Why & How)

Despite common opinion, the government actually wants business owners to reduce their taxes.

The tax code is your map to wealth creation.

Yes, I understand that most people think Uncle Sam is there to take your profits and view taxes as nothing more than a sunk cost.

We all know the famous quote from Ben Franklin – “Nothing is certain but death or taxes.”

You only die once.

You file taxes yearly. This is the only certainty.

Not everyone pays the same amount of taxes.

Some pay $0 in taxes and make millions.

The key question is how much do you pay?

I recently delivered a tax plan to an eCommerce business owner.

Before they worked with Camuso CPA on their tax plan their prior CPA told them during their tax preparation last year that if they want to pay less tax then they should make less money.

This mindset disgusts me.

Don’t take these clichés from your CPA or advisor as truths.

After we implement the tax strategies, we outlined in our tax plan, this business will save $26,700 on taxes.

EVERY YEAR.

That yearly savings reinvested back into the business at only an 8% return will yield $1,319,592 over the next 20 years.

Do you want us to help you with the tax planning process?

Schedule a one-on-one consultation at the link below:

https://go.camusocpa.com/schedule-tax-planning-ss_ecommerce

👇 I recorded a video going over this below

The tax code is simply an incentive system for businesses designed by politicians.

A series of stimulus packages for businesses.

If the tax code was created just for you to pay taxes it would be 10-15 pages rather than 70,000+ pages.

How do wealthy businessmen and investors pay NO taxes while others just complain about this fact?

The short answer is because they work with highly qualified CPA’s to identify the tax opportunities within the 70,000 pages of tax code that ALLOW them to pay no tax.

The reason why the tax code is so complex is because there are thousands of tax incentives in the form of deductions, credits and deferrals that can save you thousands of dollars every year.

That’s all the tax code really is- a series of stimulus packages designed by politicians to provide cash flow to businesses that structure their operations strategically.

The tax code shows you how to reduce your taxes and amount huge amounts of cash flow.

If you ignore the tax code you do so at your own financial peril.

Camuso CPA is different than many CPA’s that focus on just preparing your taxes during March or April.

Yes, we can accurately handle your business and personal taxes.

But we also focus on significantly reducing your taxes and improving your profits with proactive strategies tailored to your business.

Do you want us to help you with the tax planning process?

We cover the following aspects of your business and more during the tax planning process:

✔️ Legal Entity Structure

✔️ Accounting Method Optimization

✔️ Sales Tax and Other Compliance Assessments

✔️Deductions

✔️ Retirement

✔️ Insurance

✔️ Legal Tax Loopholes

✔️ Recent regulatory change

✔️ Niche specific strategies

✔️ Advanced planning strategies

Do you want us to help you with the tax planning process?

Schedule a one-on-one consultation at the link below:

https://go.camusocpa.com/schedule-tax-planning-ss_ecommerce

Read more

E-Commerce Tax Planning Training Webinar

See How These Tax Saving Strategies Can Help You Ethically Save $5,000 to $30,000 Per Year In Taxes…
…Even If You Already Have A CPA

  • How to design and implement a tax planning system for your E-Commerce Business
  • ​Learn the specific tax planning categories and processes to focus on to save thousands every tax year for your E-Commerce Business
  • ​Learn the specific tax planning strategies to focus on to save thousands every tax year for your E-Commerce Business
  • ​Learn the secret to why most CPA’s and E-Commerce Businesses fail at effectively tax planning and how you can avoid this

Read more

Tax Planning For Cryptocurrency and Wash Sales — How Can You Minimize Taxes

Here at Camuso CPA, we offer a wide array of tax services for investors including tax preparation and tax planning. Financial service and technology companies are transitioning from employee driven revenue models to information driven revenue models. Camuso CPA strives to deliver useful insights and offer relevant explanations about the latest tax and financial topics.

In our Experienced CryptoCPA Tax Topics & Guides segment, we are taking a more in depth approach in covering all things cryptocurrency, tax, real estate and finance.

Since cryptocurrencies are generally classified as property, wash sale regulations should not currently be a concern for investors. This means investors can sell an investment to realize a tax loss, only to buy it back immediately thereafter at a bargain. Today, wash sales only apply to stocks and securities, so traders are operating in a gray area for now until further IRS clarification is issued.

Contact Us Today

If you searching for CPA firms to assist you with reporting cryptocurrency income and capital gains, contact Camuso CPA. Whether you need tax preparation services, assistance with properly reporting gains and income from virtual currencies on your taxes, cryptocurrency portfolio analysis, or any other service provided by a certified accountant, Camuso CPA can help.

Read more