The State of Opportunity Zone Investing

February 4th, 2019

A powerful federal program requires careful state analysis

Read more here

Opportunity Zone Interview With Blake Christian

February 4th, 2019

Host Terry Burden talks with CPA, Blake Christian.

The discussion is based around a brand new program under the 2017 Tax Act.

Watch here.

Opportunity Zone Program – Federal Qualified Opportunity Zones

February 4th, 2019

What is the Opportunity Zone? Find out about this new federal tax deferral tool

Read more here

Investment Diversification With Opportunity Zone

February 4th, 2019

Learn about investment diversification with the new federal opportunity zone program

Top Ten Things to Know About the Opportunity Zone

January 29th, 2019

Lean all the key points surrounding the federal opportunity zone tax deferral program.

Find out more here

Is Your Business Still the Right Entity Under the New Tax Rule? Part 2

May 31st, 2018

More tips about determining the right corporate, partnership or other structure that’s best for your business—and where you are in life.

By Blake Christian, CPA/ MBT

Click to read article that was previously published by CEG.

Is Your Business Still the Right Entity Under the New Tax Rule? Part 1

May 31st, 2018

What you need to know about corporations, partnerships and other structures under which you do business

By Blake Christian, CPA/ MBT

Click to read article that was previously published by CEG.

7 Steps to Pay off Debt in Retirement

May 30th, 2018

U.S. News Article – May 17, 2018

“Liquidation of investment accounts will trigger tax gains and losses,” says Blake Christian, a certified public accountant and partner at HCVT in Long Beach, California. Money pulled from traditional retirement accounts will almost always trigger income tax…Read More

Business Lessons Learned From the Tour de France (Life is a Marathon – Not a Sprint)

August 28th, 2017

2017.8 Tour de France Article

Video (7.32 minutes) #Trump Tax Reform Will Likely Benefit Taxpayers at All Levels

December 4th, 2016

Video: President-Elect #Trump Tax Proposal Will Likely Favorably Impact Most Taxpayers.

 

With control of Congress, President-Elect Trump will most likely be able to get many of the tax provisions he promised during the election passed.  A business tax decrease to as low as 15% (from the current maximum of 36%) and a personal tax decrease to 33% (currently as high as 39.6% plus 3.8% on net investment income).  Potential elimination of:

1) the 3.8% Obamacare Net Investment Income Tax

2) the individual Alternative Minimum Tax (AMT)

3) the business AMT, and

4) Estate and Gift Taxes

will further benefit higher income taxpayers.

 

These changes make the year-end tax planning process even more important than prior years, since deferring income into 2017 will benefit most taxpayers and accelerating deductions into 2016 will generally provide greater tax savings than paying such expenses in 2017.  Of course taxpayers in AMT in 2016 will need to take greater care in their planning.

 

Additional tax planning strategies can be accessed at: www.hcvt.com in the Articles and Tax Alerts section.