Smarter About Taxes with Todd Phillips

Smarter About Taxes is a YouTube page dedicated to teaching tax concepts to closely held business owners and real estate investors.  Topics: 1031 exchange, bonus depreciation, real estate professional, excess business loss limitations, passive loss rules, tax strategies, net operating loss, section 179, and more.

Please read the disclaimer:  I am an attorney, but I am not your attorney. An attorney-client relationship can only exist if we contract for it. None of this information, therefore, can be taken or relied upon as legal advice and you certainly can’t use it to avoid the application of penalties under the internal revenue code nor can it be used for promoting, marketing, or recommending these tax-related matters to others. All individual tax situations are unique. The tax code, regulations, and court cases are quite complex.  Therefore, even if you are a current client, there may be factors that could significantly alter the outcome of the concepts discussed here.