The Tax Resolution Ninja Show

Allan Rolnick is a Managing Member and the Founder of Tristate Tax Resolution LLC, a tax consulting firm based in New York City. He graduated with an MBA in Accounting from Hofstra University before starting his practice, focusing on serving the small business community.

Allan is a member of the New York State Society of CPAs, the American Society of Tax Problem Solvers, the Tax Rep Network LLC, the American Society of Certified Tax Coaches, and the National Association of Tax Professionals. He also is a member of Roz Strategies Platinum Mastermind Group.

Allan's practice started in 1992 and has transformed from offering traditional accounting services to his clients to advising them on tax-related issues and providing them with tax planning services that help restore financial stability to both their professional and personal lives.

There are five different types of letters that people get from the IRS when something goes wrong with their tax returns. It could be the audit letter, discrepancy letter, the letter saying you owe them money, asset seizure warning, and letter to seize your assets. The problem is many people do not know what these letters are and what to do once they get one.

So what are these letters and how do you respond to them?

On this episode of the Tax Resolution Ninja Show Allan Rolnick talks about the audit letter–the first of the five different letters that people get from the IRS. Discussing with Dr. Jeremy Weisz of Rise25, Allan explains the audit letter, why the IRS sends it, and what to do about it. Stay tuned.

Simon Brady is the Founder and Principal of Anglia Advisors, a New York City-based Registered Investment Advisor that offers fee-only financial planning or personal finance consulting services and professional investment management.

Simon is a Certified Financial Planner with extensive experience in global financial market and investment management.

The world is your oyster when you're young but if you're not maximizing your time, then you are likely setting yourself up for bigger problems down the road. As you work your way into establishing a successful career in your chosen field, knowing and making the right financial decisions can get your retirement sorted even if the company you work with makes no 401k contributions. And the key to making these smart financial decisions is through seeking the guidance of a financial advisor early in the game.

Whether you're a young couple looking to buy a house or you're a young professional who have just come into some inheritance, Simon Brady can help you sort out the best financial options that are available to you.

If you're under 40 and want to make the most out of your time and finances, then make sure to tune in to this episode The Tax Resolution Ninja Show as Allan Rolnick hosts Simon Brady, Principal of Anglia Advisors, to talk about financial planning for people under 40. Simon discusses the smart financial moves to make at different stages of your life, how you can maximize the resources available to you, and how a financial advisor can help you strategize your financial plans early in the game.

Heidi Henderson is the Executive Vice President and Board member at Engineered Tax Services. She helps plan for growth and operational improvements internally while working externally with investment-minded individuals to optimize their investment.

Heidi also teaches over 30+ continuing education courses annually to CPAs, design-builder professionals, and real estate professionals. She is a tax consultant specializing in federal incentives in real estate architecture and R&D innovation.

In the tax world, many people don't realize that their CPA is very much a family practice practitioner who knows a bit about many financial matters. However, the U.S tax code is incredibly complex, so they may not be aware of many opportunities and incentives in the Federal Tax Code's narrow niches. So how do CPAs and their clients identify when some tax opportunities or incentives are applicable and be able to leverage them? What are the requirements that they need to fulfill in order for them to be eligible for these incentives?

Listen to this episode of The Tax Resolution Ninja Show with Allan Rolnick as he interviews Heidi Henderson, the Executive Vice President of Engineered Tax Services about tax incentives and opportunities that everyone should be aware of. They also discuss why your CPA couldn't help you with the opportunities and incentives that you might be entitled to, how to qualify for various tax incentives, and what she and her company does to help her clients get these incentives that she knows that her clients deserve. Stay tuned.

Robert Curtiss helps U.S. companies be more competitive by assisting them in getting the R&D tax credit they're entitled to. He is an Account Executive at Business Group Resources. Their company helps businesses identify and claim the incentives, rebates, and credits that Congress initially mandated in 1981.

Robert is also a Centricity Certified Coach which allows him to help business owners develop strategic relationships and vibrant business networks for client referrals, new opportunities, and professional growth.

Many eligible small businesses are unaware that they are eligible for and are entitled to the R&D tax credit–95% of companies with 50 employees or fewer who could benefit from the R&D tax credit either didn't know about it or weren't taking advantage of it. And according to today's guest, Robert Curtiss, it all boils down to knowing what you are entitled to.

Robert asserts that there are two things to look at: the type of business and its size. But what types of businesses are eligible for the R&D tax credit and how big should their business be for them to qualify? And more importantly, how do they go about the filing process?

On this episode of the Tax Resolution Ninja Show, host Allan Rolnick interviews Robert Curtiss of Business Group Resources about which businesses are eligible to file for an R&D tax credit. They'll be talking about the business types and sizes qualify for the R&D tax credit, why many are unaware of their eligibility, and how this can be used to leverage a much-needed inflow for your business.

Bernard Reisz is a CPA and a Principal at ReSure Financial Advisors LLC, where he provides financial consulting and tax advisory services. Bernard offers holistic finance and tax expertise, focusing on real estate, entity structuring, and self-directed retirement accounts.

Bernard is also the founder of 401kCheckbook.com, which gives investors direct control of their tax-sheltered funds for real estate equity and debt opportunities using Checkbook Control IRAs, QRPs, Solo 401(k)s, and Checkbook Life Insurance.

What is the real cost of a financial advisor? The short answer is 1.5% per—but that is only half the truth. According to Bernard Reisz, paying a financial advisor a percentage of your portfolio will set you back in millions over the long run for little or no value add.

So why pay so much when you can empower yourself to manage your portfolio and save millions in fees? Is it even possible for you to learn to manage your own financial or investment portfolio?

On this episode of the Tax Resolution Ninja Show, Allan Rolnick interviews Bernard Reisz, the Principal at ReSure Financial Advisors LLC, to discuss the real cost of hiring a financial advisor and why he thinks it's a bad idea for you to hire one. Bernard also explains why it's important for everyone to know how the financial industry works, what you can do to take control of your investment portfolio, and how you can manage this successfully without leaking millions in fees. Stay tuned.

Yonah Weiss is a cost segregation expert, real estate investor, and people connector. He is a Business Director for Madison SPECS, where he helps clients save tens of millions of dollars on taxes through cost segregation. He helps property owners save millions of tax dollars.

Yonah owns and runs Real Estate Connections, a virtual meeting held over Zoom every other Wednesday at 7 pm Eastern Time, where participants can learn about multifamily real estate investment

Yonah is also the host of the Weiss Advice Podcast where he speaks with successful people and asks them for advice and tips about business and life.

Anyone who owns a property, may it be a building or simply for investment, is eligible for depreciation or the tax deduction for investing in real estate. The IRS believes you're losing money every year on your property because its value is going down.

However, not every component of your property loses its value at the same time.So how can you get the full depreciation value for every component of your property to get more than just your regular depreciation deduction? The short answer is cost segregation. But what is cost segregation and which types of properties are eligible for cost segregation?

On this episode of the Tax Resolution Ninja Show Allan Rolnick chats with cost segregation expert and Madison SPECS business director, Yonah Weiss, about cost segregation and how it can save property owners money in taxes. Their conversation revolves around the types of property eligible for cost segregation, the requirements for different types of property, and the process and IRS guidelines for cost segregation. Stay tuned.

Kenneth Kastner is an Israeli-based CPA who is an Enrolled Agent (EA) in the United States which allows him to represent taxpayers before the IRS. He is the Founder and CEO of Kastner Tax Solutions, LLC, where he provides tax preparation, personal tax planning, tax advisory, and accounting services.

Everyone talks about the 1031 Exchange to avoid double taxation when investing in U.S. real estate. But what many don't know is that the 1031 exchange is not always the best option for non-US citizens who want to avoid being taxed twice for their real estate investments in the U.S.

So what options are available to them and how can they access these options?

On this episode of the Tax Resolution Ninja Show Allan Rolnick interviews Kenneth Kastner of Kastner Tax Solutions, LLC to talk about the different ways non-U.S citizens can avoid double taxation on their U.S. real estate investments. He also shares how he can help his clients and compares the real estate liabilities that go with investments in the U.S. and Israel. Stay tuned.

John Corcoran is a recovering attorney, and a writer, author, and a former Clinton White House writer and speechwriter to the Governor of California. He is also the co-founder of Ris25 Media, a company whose mission is to help B2B businesses connect to their ideal prospects, referral partners, and strategic partners, through their done-for-you podcast service.

John is also the host of the Smart Business Revolution podcast since 2012 through which he has interviewed hundreds of CEOs, founders, authors, and entrepreneurs.

In a world where connectedness has become such a huge deal, creating genuine relationships with other people has become even more important and valuable. This holds for particularly true for business relationships: the more authentic your relationship is with other people, the more likely that these can lead to referrals that can help expand your network. One of the best ways of connecting with your dream clients, referral, and strategic partners is gaining traction and attention. What is it? Podcasting.

But not many people truly appreciate the art and strategy behind running a business podcast. Many people often wonder about how it can help their businesses or if it can even generate ROI to make it sustainable and worth the effort.

Join Allan Rolnick on this episode of The Tax Resolution Ninja Show, as he interviews John Corcoran, Co-Founder of Rise25 Media, about why every B2B business should have their own podcast. Tune in as they discuss the transformational power of podcasting for businesses, how to leverage it to build strategic connections, and what you need to focus on once you decide to start your own podcast.

Robert Cannon is the Managing Director of Cannon Wealth Solutions, a team of Registered Investment Advisors (RIA) who helps their clients understand their finances and make sound investment decisions. They are fiduciary financial advisors who are held to the highest legal and ethical duty to represent his clients' best interests regarding their total asset portfolio management. Robert has more than three decades of experience working with affluent investors, businesses, and hedge funds across the United States.

Robert places a key focus on creating lifetime income plans for retirement. In doing so, he guides his clients through a very distinctive wealth management and investment process designed explicitly for financially successful individuals, couples, and families.

These days, pensions are almost non-existent. People are now left to fall back on their retirement fund and social security when they retire. But retirement funds by itself may not be enough, so how can you invest and grow your money beyond the traditional stocks, mutual funds, and bonds without incurring a high tax liability?

On this episode of The Tax Resolution Ninja Show, Allan Rolnick interviews Robert Cannon of Cannon Wealth Solutions about how to avoid unnecessary tax liabilities when investing your retirement funds. They'll be discussing how you can invest your retirement fund in a non-traditional vehicle, how to use infinite banking to leave a legacy and still borrow the money out without any tax consequences, and more.

Sarry Ibrahim is the Founder of Financial Asset Protection, where he helps high net worth individuals, real estate investors, business owners, and retirees grow and protect their wealth predictably and safely. As a financial consultant and health and life agent, he has cultivated a reputation for always putting his clients first. Sarry prides himself on attending all client meetings without expectations or preconceived ideas to ensure that he is solving his clients' problems.

Growing and protecting your wealth is an important part of preparing for your future. Sarry Ibrahim, the Founder of Financial Asset Protection, knows that pursuing purposeful investment strategies is the key to growing and protecting your wealth safely and predictably.

Tune in to this episode of The Tax Resolution Ninja Show as Allan Rolnick is joined by Sarry Ibrahim, the Founder of Financial Asset Protection where he talks about why he started his company and the services that he provides to his clients. He also discusses the different types of insurance, things people need to know about borrowing against their insurance policy, and he also shares his insights on how people can build up the cash value of their policy.