The State of Maryland will not Tax Unemployment Benefits
In this video, we will inform you that the state of Maryland will not tax your unemployment benefits. Unemployment insurance benefits are usually subject to federal and state income taxes. However, all unemployment compensation received in 2020 and 2021 will not be taxed by the state.
Fraudulent IRS Phone Calls
In this video, we want to alert you on the various fraudulent IRS calls from scammers out there. It’s important that you know that the IRS will never ask you for money nor your private information nor your banking information.
Asset Protection: Setting up a Trust
Founder and CEO of TPI Group, Morteza Ghalambor, discusses asset protection. Providing for a family is hard work, but protecting your assets is something we must also focus on, particularly in the case of death. Who will provide for your family when you're gone?
How to Minimize Your Capital Gain Tax on Real Estate
Founder and CEO of TPI Group, Morteza Ghalambor, explains how to minimize your capital gains on real estate, whether you're dealing with investment properties or your own residential home.
Essence of Life
Founder and CEO of TPI Group, Morteza Ghalambor, discusses the essence of life. He believes the core of the essence of life is love (such as love for your spouse, family, cause, humanity, nature, country, etc). The second layer of the essence of life relates to happiness, security, health, etc. A third layer has to do with mental, physical and emotional wellbeing. None can be bought with money. Money and status are the priority for many, but they are insignificant.
How Small Business Owners Can Provide Benefits For Their Employees
Provide your employees benefits at little or no cost to the business by taking advantage of certain tax breaks. One example is the use of Small Business Health Credits, available to business owners of companies with 10 employees or less. Another is Health Savings Accounts (HSAs), in which employees can protect up to $5,000 per year and can avoid paying taxes on the amount. Child Care Tax Credit ($3,500 per child) provides similar benefits, as well as something called Section 125 (Cafeteria Plan). 401Ks are also good options for your employees which don't cost much to your business but can benefit them.
Quick Tips on How to Maximize your QBI Deductions
Founder and CEO of TPI Group, Morteza Ghalambor, expresses the importance for small & medium-sized businesses to do their homework when looking for ways to maximize their QBI deductions. Waiting until April (tax time) to make this decision will be too late. For example, Section 1099A (otherwise known as QBI) can provide great tax benefits, but only if you have prepared, maximizing your QBI throughout the year. You can receive benefits equal to either 20% of your net income, or 50% of your W2 - whichever is less.
Do More With Your Retirement Money
Founder and CEO of TPI Group, Morteza Ghalambor, explains how the stock market is not the only place for your retirement savings. You can do a lot more with it than simply ride the rollercoaster! You can transfer the funds to a self-directed IRA and buy real estate, start a small business with your 401K (through IRS Section 409), or even start your own pension in which you're guaranteed to get a paycheck for the rest of your life.
3 Critical Elements of Your Retirement Plan
Founder and CEO of TPI Group, Morteza Ghalambor, shares three key elements of sound retirement plans to help you enjoy your golden years, and avoid a situation in which you end up looking for work at age 85. Morteza insists that a 401K is not a good retirement plan, and instead urges you to focus on longevity, spending plans and investment income. Our generation lives longer, and we have to plan for that. You have to make sure to get a paycheck for 20 to 25 years after you retire. And your portfolio must be assured 20 years from now, and you cannot afford to ride the stock market up and down.
Protect Yourself From Capital Gain Tax With These Easy Steps
Founder and CEO of TPI Group, Morteza Ghalambor, discusses limiting capital gains taxes for individuals with corporations or LLCs. If you are exposed to a significant amount of capital gains tax in this situation, you can avoid many taxes entirely by entering those gains into what are called Qualified Opportunity Funds instead (IRS Form 8996).
Mortgages - Taxes - Retirement: They're All Connected!
Founder and CEO of TPI Group, Morteza Ghalambor, discusses the interconnections between real estate holdings, mortgages, taxes and retirement. Properly structured, you can save enormous amounts of money. But you need to plan things in advance.
Congress's recently passed Coronavirus Response Acts.
Founder and CEO of TPI Group, Morteza Ghalambor, discusses Congress's recently passed acts that will affect small, medium, and large businesses.
Family First Coronavirus Response Act
Family Medical Leave Act
Taxes, Tax Filing, and Tax Payments during the Coronavirus Pandemic
Founder and CEO of TPI Group, Morteza Ghalambor addresses your questions in regards to taxes, tax filing, and tax payments during the Coronavirus pandemic.
Government Extends Deadline for Filing Your Taxes
Founder and CEO of TPI Group, Morteza Ghalambor explains the recent Government extension for filing your taxes.
Second Round of PPP Stimulus Package
In this video, we offer details with regard to the second Paycheck Protection Program including eligibility, application process and how to successfully apply for forgiveness.
PPP Taxation and Forgiveness
In this video, we will address your questions an concerns regarding PPP forgiveness and taxation.
Apply for 2nd Round of PPP Right Away
In this video, we encourage you to apply for the second round of PPP funds right away to ensure that the funds will not be exhausted.
The State of Maryland will not Tax Unemployment Benefits
In this video, we will inform you that the state of Maryland will not tax your unemployment benefits. Unemployment insurance benefits are usually subject to federal and state income taxes. However, all unemployment compensation received in 2020 and 2021 will not be taxed by the state.
Fraudulent IRS Phone Calls
In this video, we want to alert you on the various fraudulent IRS calls from scammers out there. It’s important that you know that the IRS will never ask you for money nor your private information nor your banking information.
Testimonials
I’ve been trusting TPI with my account for 7 years now and it’s always a positive experience. I recently started my company and pointed Morteza Ghalambor as the Chief Financial Officer. I know that having Mr. Ghalambor’s advice on this process will be a plus. I’m looking forward on working with him in the future.
Dr. John Ondos
Mr. Ghalambor and his team at TPI group have been looking after my personal and business taxation and finances for nearly 20 years. His professionalism, service and dedication to me as a client is what keeps me coming back, and why I have no hesitation to recommend him to my all of my colleagues. We have been very happy with their professionalism right from the start. Their advice has been invaluable over the past 20 years. The service provided has been and continues to be exceptional. I am always made to feel welcome and appreciated, and they always have the answers to my questions. I look forward to another 20 years with TPI group.
Bijan
Why TPI? One of my best experiences with TPI was that they were able to develop…if you want to say: a Financial Eco System, that planned out a financial plan that was terribly wrong for myself and fix it, planned my Real Estate future, fixed that. They put me on the right plan of the right financial structure and system to build a financial well-being future for my daughter and my family going forward.
Mr. Christopher Mattice
We had the opportunity to contact Morteza Ghalambor back in 2010. We had some financial challenges like all small businesses do. It was refreshing for him to take a personal interest. He came to our location and told us what he could help us with.
Not only TPI did everything they promised, but Morteza Ghalambor went above and beyond. Now he’s changed the finance of our company and manages our personal taxes, helped us with our home and planed for our kid’s future. I appreciate everything they’ve done.
Mr. & Mrs Howard and Cynthia Johnson
Mr. Christopher Mattice
Mr. Mojtaba Nourbaksh
Mr. Stan Murphy
Dr. John Ondos
How to Minimize Your Capital Gain Tax on Real Estate
Founder and CEO of TPI Group, Morteza Ghalambor, explains how to minimize your capital gains on real estate, whether you're dealing with investment properties or your own residential home.
How to Minimize Your Capital Gain Tax on Real Estate
Founder and CEO of TPI Group, Morteza Ghalambor, explains how to minimize your capital gains on real estate, whether you're dealing with investment properties or your own residential home.
How Small Business Owners Can Provide Benefits For Their Employees
Provide your employees benefits at little or no cost to the business by taking advantage of certain tax breaks. One example is the use of Small Business Health Credits, available to business owners of companies with 10 employees or less. Another is Health Savings Accounts (HSAs), in which employees can protect up to $5,000 per year and can avoid paying taxes on the amount. Child Care Tax Credit ($3,500 per child) provides similar benefits, as well as something called Section 125 (Cafeteria Plan). 401Ks are also good options for your employees which don't cost much to your business but can benefit them.