Tax Tip Tuesday | The Augusta Rule

*this is a transcript taken from our Tax Tip Tuesday videos.  You can watch the whole thing on Youtube here. Hey everyone, welcome to another “Tax Tip Tuesday.” I’m Alexis Gallati of Cerebral Tax Advisors, and today we’re gonna talk about the Augusta rule.  Now, I’m not sure if all of you know what the Augusta …

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Tax Tip Tuesday | Employee vs. Independent contractor

Hey everyone, welcome to another Tax Tip Tuesday. Today, I’m going to be discussing the difference between employees versus independent contractors. This is a really important topic because if you try to be independent employee and you’re actually an employee or… Sorry, I just got that screwed up. If you’re trying to be an independent …

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How industry expertise and a detailed plan will save one physician over $145,000 over the next 5 years

When David reached out to Cerebral for help, tax planning became more than just saving money. He was able to walk away with a long term financial plan. David had never had a tax conversation that focused on his individual needs. An internal medical Physician and family man, he wanted to find an expert who …

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Tax Tip Tuesday | Backdoor Roth

*this transcript was taken from our Tax Tip Tuesday post on Youtube.  You can watch the video here. Hey everyone. Welcome to another Tax Tip Tuesday. Today we’re going to be talking about the backdoor Roth. This is a very popular subject for physicians and other high-net worth individuals because face it, you guys make too …

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Tax Tip Tuesday | CPAs versus EAs

*this transcript was taken from our Tax Tip Tuesday post on Youtube.  You can watch the video here. Hey, everyone. It’s Tax Tip Tuesday. Today I’m going to be talking about CPAs versus EAs. Most of you know what a CPA is, certified public accountant, but some of you might not know what enrolled agents are. …

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Can I write off a cruise?

On the week of September 16th I was with my family on a Disney Halloween themed cruise ship, enjoying the all encompassing experience of being out in the middle of the ocean for four nights. I have to admit, I am not a boat person and this tripped confirmed it! We had rough seas going …

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