Advanced Tax Strategies
Advanced Tax Planning for Family Estates in 2026
How advanced tax planning for family estates coordinates the $15M exclusion, gifting, trusts and basis so one decision doesn't undo another.
Lenny Whiting
Tax Planning
Articles about Tax Planning
Tax Planning Articles
Latest articles about Tax Planning
Advanced Tax Strategies
Step-Up in Basis Planning Strategies for Estate Tax
How the step-up in basis works under IRC 1014, why community property matters in Nevada, and planning mistakes that can cost your heirs.
Lenny Whiting
Advanced Tax Strategies
2026 Estate Tax Exemption Sunset: What Changed
The 2026 estate tax exemption sunset was replaced by a $15 million exclusion. Here's what changed and what to review with your advisor.
Lenny Whiting
Tax Planning
Tax Planning Strategies for High-Income Earners 2026
Where the 37% rate and 3.8% NIIT start in 2026, and the advanced moves high-income earners can use to keep more of what they earn.
Lenny Whiting
Tax Strategy
SALT Cap at $40K: When the PTE Election Still Wins
The One Big Beautiful Bill Act, signed into law in 2025, raised the federal SALT deduction cap from $10,000 to $40,400 for 2026. That sounds like great news for S-corp owners and LLC members in high-tax states. And for many taxpayers, it is. But here's the catch: if you own a pass-through business in California, New York, or New Jersey and your state tax bill already exceeds $40,400, the new cap still leaves tens of thousands of dollars in deductions on the table. A California S-corp owner earning $500,000 in pass-through income pays roughly $46,500 in state income tax. The SALT cap covers $40,400 of that. The remaining $6,100 or more disappears under the new law. And for anyone with income above $500,000, the SALT cap phases out entirely, dropping back toward $10,000 once your MAGI hits $600,000. That's where the pass-through entity (PTE) election still wins in 2026. This guide explains exactly who benefits, how to calculate the advantage, and what you need to do before the deadlines close.
Lenny Whiting
Tax Planning
Business Entity Tax Planning: LLC, S-Corp, C-Corp Guide 2026
The entity structure you choose for your business determines how much of your profit goes to taxes — and for entrepreneurs earning $200,000 or more, that difference can easily exceed $20,000 per year. Self-employment tax alone sits at 15.3% on the first $184,500 of net earnings in 2026, according to the Social Security Administration. The right entity structure either eliminates or dramatically reduces that liability.This guide covers the core tax treatment of LLCs, S-corps, and C-corps in 2026. It explains when each structure works best, how the One Big Beautiful Bill Act (OBBBA), signed July 4, 2025, changed the math on pass-through income, and what decisions need your attention now. The 2026 tax landscape is meaningfully different from prior years. The QBI deduction is permanent. Bonus depreciation is back at 100%. And the QSBS exclusion just got a $5 million increase.
Lenny Whiting
Tax Planning
Investment Management Tax Strategies for High Earners (2026)
For high-income investors in 2026, the federal long-term capital gains rate sits at 23.8%: a 20% base rate plus the 3.8% Net Investment Income Tax for single filers above $200,000 MAGI and joint filers above $250,000. State taxes layer on top of that. A California resident adds another 13.3%. What that means in practice: a $1 million gain can send more than $370,000 straight to government coffers before you reinvest a dollar.Most investment conversations start with returns. This one starts with taxes, because for high-net-worth individuals, the difference between pre-tax and after-tax performance is where real wealth is built or quietly lost. The strategies covered here, including tax-loss harvesting, asset location, and fee discipline, are not theoretical. They're the specific tools that separate investors who grow wealth from those who merely generate returns.
Lenny Whiting
Advanced Tax Strategies
How to Establish Nevada Residency for Tax Purposes (2026 Guide)
More than 53,200 people moved from California to Nevada in 2024 alone, and Nevada gained $10 billion in adjusted gross income from those former Californians between 2020 and 2022 (Tax Foundation, 2025). The reason isn't hard to find. Nevada charges zero state income tax, a constitutional guarantee written into Article 10 of the Nevada Constitution, not just a statute the legislature can repeal. California's top marginal rate is 13.3%. New York's is 10.9%.A business owner earning $500,000 a year keeps roughly $56,000 more by living in Nevada. At $1 million in income, that gap becomes $119,000 annually. A single $2 million business-sale capital gain that clears after you've established Nevada domicile avoids approximately $265,000 in California state tax.But this only works when you do it right. Your former state, especially California, has deployed AI-assisted data matching to catch residents who claim they've left but haven't genuinely moved. This guide covers the legal requirements, the documents you need, and the mistakes that end in a six-figure audit bill.
Lenny Whiting
Tax Planning
Max Out 401k Tax Strategy. Roth vs Traditional IRA And HSA Plan
Max out 401k tax strategy is not about being clever, it is about following a simple playbook that high income professionals actually stick to.You earn good money.You pay a painful amount of tax.You know you should use every tax advantaged account available, but the rules feel like alphabet soup.401k.Traditional IRA.Roth IRA.Backdoor Roth.HSA.You do not need more jargon.You need a clear order of operations with real numbers.That is what this is.
Lenny Whiting
Tax Planning
Comprehensive Guide to Tax Planning Strategies
Tax planning strategies probably sound confusing, expensive, and easy to get wrong.You are worried about paying more tax than you should, getting flagged by the IRS, or missing some relief everyone else seems to know about.You are not alone.Most people focus on tax once a year when the return is due, and that is exactly why they overpay.This guide will walk you through tax planning strategies in plain English so you can keep more of what you earn without playing games with the rules.
Lenny Whiting
Tax Planning
Tax-Efficient Investing: Why Is It Important?
Tax-efficient investing is one of the most overlooked ways to grow your wealth faster.Most people obsess over picking the right stocks or timing the market.But here is the truth nobody talks about enough:It is not how much you make. It is how much you keep.
Lenny Whiting
Tax Planning
Comprehensive Guide to Tax Planning Strategies
Tax planning strategies aren’t about “beating” the system.They’re about using the rules properly so you keep more of what you earn without losing sleep over an IRS letter at 2am
Lenny Whiting
Tax Planning
Your Guide to Tax-Efficient Planning
Financial planning and tax planning are not just for the wealthy.They're for anyone who's tired of watching their money shrink every April.
Lenny Whiting
Tax Planning
Financial Planning for High Net Worth Individuals: What Nobody Tells You
Financial planning for high net worth individuals is not just about making more money.It is about keeping it, growing it, and making sure it outlives you.Most people think once you hit a certain number in your account, money starts taking care of itself.It does not.In fact, the more you have, the more ways there are to lose it.So let's talk about what actually matters.
Lenny Whiting
Tax Planning
What Services Do Business Tax Attorneys Typically Offer?
If you run a business and taxes feel like a minefield, you're not alone.Most business owners I talk to say the same thing:"I don't know what I don't know."That's exactly where a business tax attorney comes in.They're not just there to file your returns.They're there to protect your money, your business, and your future.Let me break down exactly what they do and why it matters to you.
Lenny Whiting
Tax Planning
How to Find a Qualified Business Tax Attorney Near You
If you're searching for a business tax attorney near me, you already know something's off.Maybe the IRS sent a letter.Maybe your accountant said "you need a lawyer for this."Maybe you're just tired of guessing whether your business is set up the right way.Whatever brought you here, this guide will help you find the right person fast.
Lenny Whiting
Tax Planning
What Is a Business Tax Attorney? (And Do You Actually Need One?)
Let me be straight with you.Most business owners find out they need a business tax attorney after they're already in trouble.Don't be that person.If you're running a business, dealing with the IRS, or trying to figure out how to legally keep more of your money, a business tax attorney might be the smartest hire you make this year.Let's break it down.
Lenny Whiting
Tax Planning
LLC vs. S-Corp: Which One Actually Saves You More in Taxes?
If you're asking "should I set up an LLC or an S-Corp", you're already asking the right question.Most people pick a business structure because their mate told them to, or because they Googled it for five minutes and went with whatever felt safest.That's how you leave thousands of dollars on the table every single year.I'm going to break down LLC vs. S-Corp in plain English so you can stop guessing and start making decisions based on actual numbers.
Lenny Whiting
Tax Planning
What Is an S Corp? A Simple Guide for Small Business Owners
What is an S Corp, and why does everyone keep telling you to get one?If you've been running a business for more than five minutes, you've heard it.Your accountant mentioned it. You saw it on YouTube. A friend brought it up.Most explanations make it sound complicated.It isn’t.Here’s the simple version.
Lenny Whiting
Solar Tax Plan
Year-end tax planning for small business owners
Year-end tax planning for small business owners is one of those things people know they should do, then leave until December and panic about later.I get it.You are busy running the business, chasing cash, dealing with clients, and putting out fires.Tax planning slips to the bottom of the list.But the end of the year is exactly when a few smart moves can make a real difference.Not because tax is exciting.Because cash matters.Because profit matters.Because what you do before the year closes can change what you owe.
Lenny Whiting
Tax Planning
7 Proven Tax Planning Strategies for Small Business (2025)
According to the NSBA, 40% of small business owners spend 40 or more hours per year on federal taxes alone (NSBA via Business Initiative, Oct 2025). Most spend that time filing, not planning. That's the real problem. The average effective federal tax rate for small businesses sits at 19.8%, but founders who plan strategically, rather than reactively, can chip away at that number meaningfully and legally.Tax planning for small business isn't about loopholes. It's about knowing which tools the tax code already gives you and using them before December 31. These seven strategies are proven, legal, and actionable right now.Year-round tax planning overview - small business tax planning pillar guide
Lenny Whiting
Tax Planning
CPA Attorney Near Me: Your Complete Guide to Hiring the Right Tax & Legal Expert
An IRS notice. A business deal gone sideways. A tax debt you didn't see coming. When the financial and legal stakes are high, you need one expert who speaks both languages fluently.Searching for a CPA attorney near me? This guide covers what they do, when you need one, and how to find the right fit, fast.
Lenny Whiting
Tax Planning
Can you recommend the top CPA firms in Las Vegas?
Are you buried in tax headaches? Struggling to find reliable CPA firms in Las Vegas? I get it. Running CPA Attorney LLC here in Las Vegas, Nevada, I've seen business owners lose sleep over bad advice or sky-high bills. You need pros who actually save you money. Not just file papers. Today, I'll break down the top CPA firms in Las Vegas. From my view on the ground. And why we stand out at CPA Attorney LLC.
Lenny Whiting
Tax Planning
What are the common tax preparation options available in Las Vegas?
Ever wondered if you're overpaying on tax preparation services Las Vegas NV? Or stressing about picking the right tax prep option for your small business? I've been there. Running a firm here in Vegas, taxes hit hard. But here's the truth. Common tax preparation options in Las Vegas break down simple. Book Tax Consult Start saving today.
Lenny Whiting
Tax Planning
What Should I Look for When Choosing a CPA or Tax Attorney in Las Vegas?
You’ve probably asked yourself this: “How do I actually find the right Las Vegas CPA who won’t just file my taxes — but help me keep more of what I earn?” Or maybe: “Do I need a CPA firm, a tax attorney, or both?” Good question. At CPA Attorney, LLC we hear this every week from business owners across Nevada. So let’s break it down without any fluff.
Lenny Whiting
Tax Planning
Accountant Las Vegas NV – What Real Business Owners Should Know
Ever wonder why your books never seem to line up even when you’ve got the best intentions? Or why your accountant takes weeks to reply when tax season hits? Yeah. That’s the stuff that kills your focus faster than a bad coffee. If you’re searching for an accountant in Las Vegas NV who actually gets how business moves here, not just number‑crunchers but growth partners, this one’s for you.
Lenny Whiting
Tax Preparation
Common Tax Preparation Options Available in Las Vegas (And Which One Actually Works for You)
Tax preparation in Las Vegas NV isn't rocket science, but most people overcomplicate it. You've got options—free ones, paid ones, DIY software, or hiring a professional. The real question is: which one saves you the most money while keeping the IRS off your back? Let me break down every option so you can make a decision that actually makes sense for your situation.
Lenny Whiting
Tax Planning
When Can You Start Filing Taxes? Your Complete 2025 Tax Filing Guide
The Real Question Everyone Wants Answered You're sitting at your desk wondering: when can I start filing taxes this year? It's February 2026, and the IRS just opened the gates. Here's the straight truth: the IRS started accepting 2025 tax returns on January 26, 2026. That's it. That's when you can start filing taxes. The IRS processes most e-filed returns with direct deposit within 21 days. That's faster than most things in government move. The average federal tax refund is over $3,000. Why would you wait six months to get your money back? File early, get your refund early, problem solved.
Lenny Whiting
Tax Preparation
Finding the Right Tax Accountant in Las Vegas: A Complete Guide to Maximising Your Money
You're running a business, juggling taxes, and somewhere in the back of your mind, you're wondering: "Am I paying too much in taxes right now?" That question keeps a lot of Las Vegas business owners, professionals, and real estate investors up at night. Here's the thing—most people think taxes are just something that happens to them. You file, you pay, you move on. But that's not how it works if you know what you're doing.
Lenny Whiting
Advanced Tax Strategies
Tax Relief in Las Vegas: Your Real Options (Not the Scams)
You're getting those calls because someone knows you owe taxes. But the company on the other end isn't trying to help—they're trying to get paid upfront before disappearing. Here's what actually works.
Lenny Whiting
Tax Planning
How to Choose the Right Online Tax Filing Service for Your Needs
You're staring at a stack of receipts, documents, and forms wondering whether you should just file your own taxes or hire someone to handle it. It's a real question most business owners face, especially when there's so much noise out there about what's "best." Here's the honest truth: there is no one-size-fits-all answer. What works for your friend's simple W-2 situation won't work if you've got rental properties, business income, or complex investments. The right tax filing service for you depends on your specific situation, budget, and how much headache you want to deal with. Let me walk you through exactly how to find the CPA for tax filing that actually makes sense for your situation.
Lenny Whiting
Tax Planning
Tax Preparation Near Me: Finding the Right Help Without the Stress
I sat down with a client last week who'd spent the entire weekend trying to file their taxes using software they found online. They were stressed. They were exhausted. And they were pretty sure they were doing it wrong. Here's what I told them: finding tax preparation near you isn't just about convenience—it's about protecting yourself and your money. Let me explain why.
Lenny Whiting
Tax Planning
Nevada Solar Rebates and Incentives Guide: Your Complete 2025 Breakdown
Want to go solar but worried about the cost? Nevada's actually the perfect place to make that happen. With over 300 sunny days a year and some serious federal tax credits still available, you can slash your installation costs by thousands. But here's the thing—there's a deadline you need to know about, and it's coming fast. Let me break down exactly what's available, what you actually need to do, and why timing matters more than ever.
Lenny Whiting
Tax Planning
Asset Protection Trust: The Real Talk Guide for Nevada Business Owners
You've built something. A business. A brand. Real estate. Investments. Maybe all of it. So here's the uncomfortable question: What happens when someone sues you? Not if—when. That's where an asset protection trust comes in. But here's the thing. Most people don't understand what these actually do, what they don't do, or whether they're even legal (spoiler: they absolutely are). I'm Lenny at CPA Attorney, LLC in Las Vegas, and this is the real breakdown of asset protection trusts—no BS, just what you actually need to know.
Lenny Whiting
Tax Preparation
Tax and Estate Planning: The Stuff Nobody Wants to Talk About But Everyone Needs to Know
You're probably not thinking about tax and estate planning right now. But here's what happens when you don't.
Lenny Whiting
Bookkeeping
The Complete Guide to Bookkeeping: Everything Business Owners Need to Know
Bookkeeping is often overlooked until tax season arrives—and by then, many business owners realize they're in financial chaos. If you're running a business in Las Vegas or anywhere else, understanding bookkeeping isn't just an accounting detail; it's the foundation of your business's financial health and legal compliance. As a CPA and Attorney, I've seen countless businesses struggle simply because they didn't prioritize proper bookkeeping from the start.
Lenny Whiting
Tax Preparation
The Complete Tax Preparation Guide: Answers to America's Top Tax Questions
Tax season can feel overwhelming, especially when you're unsure what documents you need, which deductions you qualify for, or even if you're filing correctly. If you've been searching for answers to common tax preparation questions, you're not alone—millions of Americans turn to Google each year asking the same things. This comprehensive guide answers the questions that people ask most frequently about tax preparation, helping you file accurately and maximize your tax savings.
Lenny Whiting
Tax Planning
Smart Tax Filing: Software, CPAs, and Local Services
Compare tax software vs. professional CPAs, find affordable tax preparation services near you, and discover free options for seniors and low-income filers.
Lenny Whiting
Tax Preparation
Smart Tax Planning Strategies in the US (2024): Save Money & Avoid IRS Penalties
Tax planning is a crucial part of financial management for individuals and businesses in the United States. Proper tax planning helps reduce liabilities, maximize deductions, and ensure compliance with IRS regulations. Whether you're a salaried employee, a freelancer, or a business owner, understanding tax-saving strategies can significantly impact your financial health.
Lenny Whiting
Bookkeeping
Outsourced Bookkeeping Services: Trends, Tax Issues & the Future of Small Business Accounting
Bookkeeping used to be a back-office chore—tedious, necessary, and invisible. But in the last decade, the world of bookkeeping and tax compliance has been upended. The rise of outsourced bookkeeping services, cloud-based platforms, and remote work has transformed how businesses—especially small ones—manage their books and taxes. If you’ve ever Googled “bookkeeping service near me” or wondered if outsourcing bookkeeping services is worth it, you’re not alone. This article unpacks the current state of bookkeeping and tax services, why outsourcing is booming, and what it means for business owners, accountants, and the future of financial compliance.
Lenny Whiting