Real Estate Professional Status (REPS) is a game-changer for property investors looking to maximize their tax benefits. At Bette Hochberger, CPA, CGMA, we've seen how this designation can significantly impact our clients' bottom lines.

REPS allows real estate professionals to deduct rental property losses against their other income, potentially leading to substantial tax savings. In this post, we'll break down what REPS is, who qualifies, and how it can transform your real estate investment strategy.

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Blog: https://bettehochberger.com/quickies/what-is-real-estate-professional-status-reps-8333/

Choosing the right tax filing status can significantly impact your tax liability and potential refund. At Bette Hochberger, CPA, CGMA, we understand the importance of making this decision wisely.Your tax filing status affects everything from your tax bracket to the deductions and credits you're eligible for. This guide will help you navigate the different options and select the most advantageous status for your situation.

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Blog: https://bettehochberger.com/quickies/understanding-tax-filing-status-which-one-should-you-choose-8249/

Hi everyone! I'm Bette Hochberger, CPA, CGMA. I know that understanding big tax deductions for businesses is essential for maximizing your company's financial health. Smart tax planning can significantly reduce your tax burden and boost your bottom line.

This guide will walk you through the most impactful deductions available to businesses, including some lesser-known write-offs you might be missing. I'll also share strategies to help you make the most of these deductions and optimize your tax position.

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Blog: https://bettehochberger.com/quickies/big-tax-deductions-for-businesses-8192/

In my latest #FinanceFriday, I had the pleasure of speaking with Joshua E. Chadajo, founder and CEO of JEC Philanthropy. With over 25 years in nonprofit leadership and a track record of raising more than $100 million in charitable donations, Joshua brings unmatched insight into the art and strategy of giving.In our conversation, we explored what truly motivates people to give, how to align charitable donations with personal values, and the importance of clear goals in philanthropy. Joshua shared his unique approach to helping individuals and families maximize the impact of their giving—whether that means supporting a cause close to the heart or creating a lasting legacy.Learn more: bettehochberger.com

Blog: https://bettehochberger.com/videos/financefriday-with-joshua-chadajo-ceo-of-jec-philanthropy/

In my latest #FinanceFriday, I’m joined by Brandon Campbell, Principal at Jackson Lewis P.C., for an essential discussion on labor law issues that directly impact small businesses. Brandon brings deep expertise in employment law, having presented for both the American Bar Association and the National Bar Association, and co-authored numerous articles on disability, leave, and health law.

Together, we break down the legal must-knows that too many entrepreneurs overlook. Whether you’re hiring your first employee or scaling your team, this episode covers the legal foundation you need to stay compliant and protect your business.

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Blog: https://bettehochberger.com/finance-friday/financefriday-with-brandon-campbell-principal-at-jackson-lewis-p-c-8216/

Tax preparation can be a complex process for small business owners. Many wonder if the fees associated with this essential task are tax-deductible.

At Bette Hochberger, CPA, CGMA, we often field questions about the deductibility of tax preparation expenses. This post will clarify the rules and provide valuable insights for small business owners looking to maximize their deductions.

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Blog: https://bettehochberger.com/quickies/are-tax-preparation-fees-deductible-what-small-business-owners-need-to-know-8015/

Hi everyone! I'm Bette Hochberger, CPA, CGMA. Choosing a Certified Public Accountant (CPA) isn't just about finding someone to file your taxes. A good CPA can be your year-round advisor, helping you make smart financial decisions, stay compliant, and grow your wealth or business. But not all CPAs offer the same services, and not every CPA is the right fit for every situation. So how do you know who’s right for you?

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Blog: https://bettehochberger.com/quickies/how-to-choose-the-right-cpa-for-you-8078/

Hi everyone! I'm Jose, the Controller here at Bette Hochberger, CPA, CGMA. As your business grows, so do your financial responsibilities—and it might be time to level up from a bookkeeper to a controller. But how do you know when that moment arrives?

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Blog: https://bettehochberger.com/videos/is-it-time-to-hire-a-controller/

Hey everyone! I'm Jose, the Controller here at Bette Hochberger, CPA, CGMA. When was the last time you looked at your financial statements? If you’re only glancing at your bank balance, you might be missing key red flags—or golden opportunities.

Financial statements are more than just paperwork for tax season. They’re tools that show you what’s really happening in your business. Ignoring them is like driving with your eyes closed—sooner or later, you’re going to crash.

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Blog: https://bettehochberger.com/videos/how-financial-statements-save-businesses/

As entrepreneurs, we’re great at talking ourselves out of things—even the ones that would help our business thrive. Investing in ourselves and our business often gets pushed aside for later, and we justify it with little lies that feel safe, but actually hold us back.

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