The Twelve Firm

High-net-worth investors, are you getting the most out of your real estate investments? Don't leave money on the table! Discover advanced strategies to maximize your tax breaks and keep more of your wealth where it belongs—in your portfolio. Dive into our latest blog at The Twelve Firm to learn how to leverage tools like cost segregation, 1031 exchanges, and Opportunity Zones. Ready to optimize your tax game? Click the link and let’s get started!

https://www.thetwelvefirm.com/post/maximizing-real-estate-tax-breaks-advanced-strategies-for-high-net-worth-investors

Maximizing Real Estate Tax Breaks: Advanced Strategies for High-Net-Worth Investors Maximize real estate tax saving with strategies like cost segregation & 1031 exchanges. Let The Twelve Firm help you optimize your investmet

Discover how captive insurance programs can transform your business with cost savings, customized risk management, and valuable tax benefits. With The Twelve Firm at your side, you don’t need to predict the future—just be prepared for it. If you're ready to elevate your financial strategy, contact us today to learn more about our insurance planning services. 🌟💼

Life is full of surprises, and having the right life insurance can provide peace of mind for whatever comes your way. But how do you know which type is right for you?

👉 Start by asking yourself:
How old am I?
Who depends on my income? How would they manage if I wasn’t around?
Am I looking to invest and plan for the future, or do I need to cover final expenses?
The answers to these questions can guide you toward the perfect policy. Don’t wait until it’s too late—take control of your future today!

At The Twelve Firm, we know the challenges of managing life and business. As a certified women-owned full-service accounting firm in Fayetteville, GA, we’re here to support your financial well-being—whether it’s through insurance, tax planning, or helping your business grow.

Ready to find out more? Let’s talk! 🗨️

Understanding the different types of life insurance can help you make informed decisions about protecting your loved ones and securing your financial future. Here's a quick overview of the main types:

Term Life Insurance: Affordable and straightforward, offering coverage for a specific period.

Whole Life Insurance: Lifelong coverage with a savings component that builds cash value.

Universal Life Insurance: Flexible premiums and coverage with cash value growth.
Variable Life Insurance: Permanent insurance with investment options for potentially higher returns.

Indexed Universal Life Insurance: Coverage linked to a stock market index, with growth potential and protection from market downturns.

Final Expense Insurance: Coverage designed to handle end-of-life expenses.

✨ Choose the type that best fits your needs and goals. For personalized advice, reach out to us at The Twelve Firm today! Our expert insurance advisors are ready to help you.
Contact us at [678-458-9455 ] or visit [https://www.thetwelvefirm.com]

Are you clear on when a Form 1099 is required, even for corporations? It's a topic that surprises many, but understanding these rules is crucial for maintaining compliance. From legal services to medical corporations, we've covered the key points to keep your business on the right side of tax law.

Learn more in our latest blog!
Explore the details here: https://www.thetwelvefirm.com/post/the-hidden-rules-of-form-1099-requirements-are-corporations-included

Your business deserves a profitable story. 📊 At The Twelve Firm, we’re here to turn financial challenges into growth opportunities. Let’s work together to secure your success! 💼

Had a great time at the 100 Black Men of DeKalb event at Privy! This spot is doing some amazing things for Stonecrest. Loved being surrounded by so many inspiring people who are all about giving back to the community. Definitely a BRUNCH to remember!

🌟 Sustainability Above in Business 🌟

In the world of business, success often comes to those who persist through challenges and setbacks. Remember, every obstacle is an opportunity in disguise. Embrace the journey, stay focused on your goals, and keep pushing forward—even when the path seems tough. Your resilience and determination will lead you to greatness. 💪🚀

Keep going, because every step forward brings you closer to success! 🌟✨

Making financial clarity the foundation of success! 💼✨ Alexis Sidney, our Founder & CEO, sharing powerful insights at our recent event. At The Twelve Firm, we're dedicated to helping small businesses thrive with expert financial guidance.
Let's work together to make your business goals a reality! 🌟

At The Twelve Firm, we believe that true leadership is about empowering others and fostering growth. As we navigate the complexities of finance and tax, we are reminded of the words of John C. Maxwell:
"A leader is one who knows the way, goes the way, and shows the way."

Our mission is to guide individuals and businesses on their journey to financial success, offering expert advice and innovative solutions tailored to their unique needs. We strive to create an environment where everyone can flourish and achieve their goals.

Join us in our commitment to growth and excellence. Let's build a brighter future together! 💪

Facing tax challenges in Georgia? From property disputes to sales tax, knowing the common issues can make all the difference.

Let’s tackle those common tax issues with The Twelve Firm and save your time and money

Just spotted my amazing tax advisor Alexis Sidney's billboard! She's the best in the business. If you're a small business owner, definitely check her out at . 🌟

It always feels good and amazing when hard work is appreciated. I'm truly grateful for the kind words from my clients; their feedback motivates me to work even harder to solve your tax problems and make your financial journey smoother.
Thank you for choosing us as your financial partners! Stay with The Twelve Firm.

Meet Alexis L. Sidney Founder and CEO of The Twelve Firm

Simplify Your Taxes with The Twelve Firm Tax Preparation Services

Feeling overwhelmed by tax preparation and compliance? You’re not alone. With tax laws constantly changing, navigating them can be challenging without the right help.

At The Twelve Firm, our dedicated tax accountants in Fayetteville, Georgia are here to take the stress out of tax season. We ensure your returns are accurate, timely, and optimized to minimize your tax liabilities with smart planning and legal strategies.

🔹 How We Can Help:

We offer comprehensive tax preparation services for:

Individual Tax Returns
Business Tax Returns
Gift & Estate Taxes
Partnership & Corporate Taxes
Estate and Succession Planning
Out-of-State Returns
Business Start-Ups

Don’t let tax compliance distract you from what matters most. Reach out to us today and enjoy peace of mind knowing your taxes are in good hands!

📞 Contact us now to take control of your tax situation and start saving!


# SmallBusinessFunding

Struggling with IRS Tax Problems? We’re Here to Help!

Are IRS tax issues keeping you awake at night? Don’t let these worries disrupt your daily life. At The Twelve Firm, our IRS Enrolled Agents in Fayetteville, Georgia are here to make your tax troubles disappear with ease and efficiency.

Here’s how we can help:

Wage Garnishment: Don’t let the IRS take your hard-earned wages. We’ll guide you through understanding and addressing garnishments.

Bank Levy: Received a Final Notice of Intent to Levy? Contact us immediately to protect your assets from IRS seizure.

Threatening Letters: Ignoring IRS letters can lead to bigger problems. Let us help you respond appropriately.

IRS Audit Notification: Panicking over an audit? We’ll review your situation and prepare a strong response, and sometimes, it might even work in your favor!

Non-filing Issues: Missed your tax return deadlines? We’ll work with you to figure out the best steps to take.

Liens: If the IRS has placed a lien on your property, don’t wait. We’ll help you navigate this complex situation and develop a plan.

Offers-in-Compromise: You might qualify to settle your tax debt for less. Let us help you save thousands with an offer-in-compromise.

Innocent Spouse Relief: If you’re facing issues from a joint tax return, we can help relieve you from the tax burden.

The sooner we address your tax issues, the better. And remember, our IRS Tax Resolution services go beyond what’s listed here. If you’re facing complex tax problems, reach out to us today!

Contact us now and let’s work together to find a solution!

Running a business in the U.S. comes with its fair share of financial challenges. From unexpected tax bills to managing cash flow, these hurdles can be daunting. Let’s explore some common issues:

Let me start with one major pain point for many businesses, especially in industries like real estate and retail, you have guessed it right! Yes, it is unexpected tax bills. You have a lot of money in your bank account now, you are happy and then all of a sudden you get a letter to pay a huge tax. That just breaks your heart. One thing you can do to avoid these last-minute surprises is to stay ahead of tax obligations throughout the year.

Maintaining healthy cash flow is another significant challenge. Construction and manufacturing businesses often face delays in payments and unexpected expenses. Effective cash flow management is essential for stability.

Real estate investors often deal with fluctuating income and complex tax scenarios. Optimizing financial performance and maximizing deductions are key to staying compliant and profitable.

Retail businesses encounter seasonal variations and inventory management issues. Stability and growth can be achieved through tailored financial solutions and strategic planning.

At The Twelve Firm, we’re dedicated to empowering businesses with the tools and expertise they need to thrive. Let’s tackle these financial challenges together and pave the way for your success.

🔗 Learn More About Our Services

Thank You to all who attended my Escape the Tax Trap webinar last week!

I had a blast doing it and look forward to more!

P.S. If you missed it, I will be doing a live replay later this week!

I will post the details tomorrow!

Don't forget to join our live training! Starting in 20 minutes....Escape The Tax Trap!!!

Tired of Tax Surprises Eating Your Profits? 💸

Are you:
💸Stressed about unexpected tax bills?
💸Confused by complex real estate tax laws?
💸Worried you're leaving money on the table?

Come and learn:
💼 How to avoid surprise tax bills and stay ahead
💰 Maximize your profits and reclaim your time
📊 Leverage key metrics for success
🏆 16 Drivers of Financial Success: Your blueprint for long-term profitability

See you soon👇🏽 Register to join
https://us02web.zoom.us/meeting/register/tZUvcOCppjkoE9b_qw3E2sUte2FjWkS1Tp5Z

Tonight at 7 pm EST, I will be hosting my Escape the Tax Trap Webinar.

If you are looking to learn how to:

- Avoid surprise tax bills
- Maximize your yearly profits
- Take back control of your cash
- Understand your business finances like a pro

Then join me tonight at 7 pm EST.

Link is in my BIO

From Business Systems Analysis and Profitability Coaching to Tax Strategy and Accounting Compliance, our certified women-owned firm in Fayetteville, Georgia, offers a full suite of services tailored to your success.

1. Business Systems Analysis: Optimize workflows and identify opportunities.
2. Profitability Coaching: Set goals, optimize cash flow, and monitor key metrics.
3. Tax Strategy: Plan comprehensively to minimize taxes and secure your future.
4. Accounting Compliance: Ensure compliance with monthly accounting, payroll, and more.

It is our pleasure to be your guide and partner for increasing success and financial understanding. Are you ready to move to the next level? Let's connect with us today!

Tax planning for real estate investments has never been more important.

Here are 5 quick strategies to get you ahead:

**1. Cost Segregation
Accelerate depreciation on certain property components to increase current tax deductions.

**2. 1031 Exchanges
Defer capital gains taxes by reinvesting proceeds from a property sale into a new property.

**3. Qualified Business Income (QBI) Deduction
If you qualify as a real estate professional, you can potentially deduct up to 20% of your net rental income.

**4. Opportunity Zones
Invest in designated Opportunity Zones to defer taxes on capital gains and potentially reduce them over time.

**5. Energy Efficiency Incentives
Take advantage of tax credits and deductions for making energy-efficient upgrades to your properties.

If you want to learn more money-saving tax strategies, get signed up for my Webinar tomorrow night!

Escape the Tax Trap.

Link is in my BIO.

Did you know hiring your kids can have tax benefits?

Here's why hiring your kids is a smart tax move.

Employing your children can be a savvy tax strategy. When you hire your kids, you can shift income to a lower tax bracket, potentially saving on taxes while providing valuable work experience.

Here’s how:

- Wage Deduction: Pay your kids a reasonable wage, which is deductible for your business.
- Tax-Free Income: If they earn below the standard deduction, their income can be tax-free.
- Retirement Savings: Contribute to a Roth IRA for them, setting up long-term savings.

By implementing this strategy, you benefit from reduced taxable income and set your children on a path to financial literacy and independence.

Don't forget to get signed up for my upcoming webinar this Thursday!

Link in Bio!

Unlock the Potential of Your Spare Bedroom

Renting out a bedroom through platforms like Airbnb is a great way to generate extra income. But did you know there's a way to do it tax-free?

Tax-Free Income: The 14-Day Rule

If you rent out your bedroom for fewer than 15 days a year, you can keep the income without reporting it to the IRS. This is a fantastic opportunity for occasional renters to maximize their earnings without the tax hassle.

For those who rent longer-term, understanding when and how to report rental income is crucial. Stay tuned for more tips on navigating the tax implications of your rental activities.

Transform your spare bedroom into a powerful income-generating asset! Contact us at The Twelve Firm for personalized advice.

Don't forget, next Thursday at 7 pm EST I will be hosting a live webinar!

Escape the Tax Trap: Keep more money without extra expenses!

Head into the upcoming Tax Season with confidence, knowing you aren't leaving any money on the table this year!

Avoiding Hobby Loss Rules in Rental Activities

Here are five tips to ensure your rental is classified as a business:

Show Appreciation: Document how your property, including the bedroom, is appreciating in value.

Plan for Profit: Maintain a business plan that outlines increasing rents and decreasing expenses.

Keep Records: Track all rental income and expenses meticulously.

Advertise: Keep records of how you find renters, proving your business efforts.

Fair Pricing: Ensure you're charging market rates for the rental.

These steps not only help you stay compliant but also maximize your potential deductions and profits. Proper classification can lead to significant tax savings.

For more in-depth advice and personalized planning, reach out to us at The Twelve Firm.

Maximize Deductions and Understand Passive Loss Rules

Navigating Passive Loss Rules

If your rental qualifies as a business, you might be able to deduct losses against other income.

Key to this is material participation:

Substantially All: You or your spouse must handle most of the work.
100-Hour Rule: You must spend more than 100 hours on the activity and more than anyone else involved.

Maximize Deductions with Section 199A

Qualifying as a business also opens the door to the 20% deduction under Section 199A. This significant tax-saving opportunity is available for many small business owners, including those renting out spare bedrooms.

Understanding these rules can transform your rental income strategy, ensuring you're keeping more money in your pocket. Need personalized advice? Contact us at The Twelve Firm to schedule a consultation.

Earn some Tax-Free Income:

Tax-Free Income: The 14-Day Rule

Did you know you can earn rental income tax-free? If you rent out your bedroom for fewer than 15 days in a year, you can pocket the income without reporting it to the IRS. This is a fantastic opportunity for those who rent occasionally.

This is a great way to earn a little extra spending money each year,

Have you tried it?