Dark Horse CPAs
A lot of people are talking about moving to Puerto Rico to avoid having to pay taxes to the IRS. But it’s not that simple. In this episode, we discuss the considerations that need to be thought through before making this decision.
The current tax and audit regime is changing. Taxes are going up for those making more than $400K and for corporations. On top of that, more funding is going to the IRS to increase their capacity to audit and collect. These are the developments over the last month that you need to know.
The Biden Administration will be doubling the long-term capital gains tax rate for those earning more than $1 Million. What should you do if you think you’re going to get caught in the crosshairs? Dark Horse CEO and Co-Founder, Chase Birky, explains.
If you own a restaurant or bar, you need to be aware of the Restaurant Revitalization Fund Grant Program. These grants can reach 7-figures depending on your circumstances. And, you're going to need to be ready to act quickly.
Hint: You’re probably not going to like the answer…