Podcast Episodes
Back to Search![[Tax] 29, Charitable Contributions](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)
[Tax] 29, Charitable Contributions
Deduction limits based on AGI and type of property donated; carryover allowed for excess contributions. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve foun…
Published on 9 months ago
[Tax] 27, Gross Income Inclusions
Includes compensation, business income, interest, dividends, and certain fringe benefits. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be qui…
Published on 9 months ago
[Tax] 26, Below Market Loans
Imputed interest rules apply; exceptions for loans under $10,000 or with low net investment income. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it…
Published on 9 months ago
[Tax] 21, Kiddie Tax
Unearned income over $2,600 taxed at parent's rate; applies to dependents under 19 or full-time students under 24. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey…
Published on 9 months ago
[Tax] 24, Pass-Through Entity Deductions
20% deduction on qualified business income; subject to income thresholds and limitations. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be qui…
Published on 9 months ago
[Tax] 25, Section 179 Deduction
Immediate expensing of up to $1,220,000 of business property; reduced by property exceeding $3,050,000. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve foun…
Published on 9 months ago
[Tax] 23, Hobby Losses
Income must be reported; expenses not deductible if activity lacks profit motive. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite chall…
Published on 9 months ago
[Tax] 22, Alternative Minimum Tax (AMT)
Ensures minimum tax payment; adjustments and preferences increase taxable income. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite chall…
Published on 9 months ago
[Tax] 20, Child Tax Credit
$2,000 per qualifying child under 17; partially refundable; phase-out starts at $400,000 MFJ. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be…
Published on 9 months ago
[Tax] 19, Standard Deduction
Varies by filing status; additional amounts for age 65+ or blind. --
The CFP Exam is known for its difficulty, and as I embark on this learning journey, I’ve found it to be quite challenging. I create…
Published on 9 months ago