by Derek Dall'Olmo | Aug 8, 2023 | Podcast Episodes
In this episode we welcome Alex Repo, the newest member of the TreMonte team! Hear Alex’s story about how he went from working in a factory, to eventually serving as Derek’s caddy and ultimately joining the TreMonte family. We discuss the impact of NIL deals in...
by Derek Dall'Olmo | Jul 24, 2023 | Uncategorized
Rental properties can be a great source of reliable income, but the tax rules relating to them are numerous, complex and confusing. Even though the IRS considers rental properties as a passive source of income, they often demand a lot of work and money, which means...
by Derek Dall'Olmo | Jun 26, 2023 | Uncategorized
Health insurance: We all need it, but we hate to pay for it. Why? You know why. It’s expensive, so deducting the price of premiums is important for you and your business. As a pass-through entity, an S corporation’s income isn’t taxed at a corporate level, but is...
by Derek Dall'Olmo | Jun 6, 2023 | Uncategorized
The Bureau of Labor Statistics consumer price index reports that the dollar has experienced an average inflation rate of 5.26% per year from 2020 to the present day. That’s a staggering cumulative price increase of 16.62%! To put it another way, today’s...
by Derek Dall'Olmo | May 16, 2023 | Uncategorized
New rules may have left you confused. Do you know the current guidelines? The IRS is getting $80 billion extra dollars—about six times their normal annual budget. What does this mean for small businesses? It possibly means that we all face closer scrutiny of our tax...