Nth Degree Tax
Bio
Nth Degree Tax helps 7-figure entrepreneurs and high-income earners legally reduce taxes, keep more of what they earn, and build lasting financial certainty.
Stories (41)
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How to Handle 1099s for Contractors and Freelancers: The Costly Mistakes That Could Destroy Your Business
Three months ago, I received a frantic call from a client who'd just opened an envelope from the IRS. Inside was a notice for $127,000 in penalties and back taxes related to contractor classifications. This successful business owner, generating over $2 million annually, had made what seemed like minor paperwork mistakes that snowballed into a financial nightmare.
By Nth Degree Tax4 months ago in Education
Why You Need a CPA If You Own an LLC: The Million-Dollar Mistakes I See Every Day
Last month, I sat across from a business owner who'd just realized he'd overpaid $47,000 in taxes over three years. His LLC was generating $1.2 million annually, and he thought he was handling everything correctly. He wasn't alone—this story repeats itself in my office more often than I care to count.
By Nth Degree Tax4 months ago in Education
The Quarterly Tax Trap: Why High Earners Are Getting Burned (And How to Fight Back)
Picture this: You've built a seven-figure business from scratch, or you're pulling down $400k+ in W-2 income. You're living the American dream, right? Then quarterly tax season hits like a freight train.
By Nth Degree Tax4 months ago in Education
The $86,000 Business Decision 94% of Entrepreneurs Get Wrong
Tom Rodriguez thought he had it all figured out. His digital consulting firm was absolutely crushing it—$620,000 in annual revenue, prestigious clients, a growing team of contractors. He was living the entrepreneurial dream.
By Nth Degree Tax4 months ago in Education
The $47,000 Tax Write-Off Most Business Owners Never Claim
Lisa Chen thought she was doing everything right. Her digital marketing agency was crushing it—$850,000 in annual revenue, high-profile clients, a team of talented contractors. She was living the entrepreneurial dream.
By Nth Degree Tax4 months ago in Education
The $50,000 Mistake 97% of Successful Business Owners Make Every Year
Meet Sarah Chen, a brilliant marketing consultant who built her agency from zero to $750,000 in annual revenue in just four years. Smart, driven, successful by every measure—except for one costly oversight that was quietly draining $43,000 from her bank account every single year.
By Nth Degree Tax4 months ago in Education
The Difference Between Tax Filing and Tax Planning: The Million-Dollar Mistake Most Wealthy People Make
Here's a story that will make your blood boil. Last month, a successful tech executive walked into my office carrying a folder thick with tax documents. He'd just received a $2.1 million bonus from his company's acquisition, and he was proud of how "prepared" he was for tax season.
By Nth Degree Tax4 months ago in Education
The Million-Dollar Question: S Corp or LLC?
Picture this: Two identical consulting businesses, both generating $750,000 in annual profit. Same services, same clients, same everything—except one crucial difference. The first business owner pays $114,750 in self-employment taxes. The second pays just $24,480.
By Nth Degree Tax4 months ago in Education
What to Do if You Receive an IRS Notice: The High-Stakes Survival Guide That Could Save Your Fortune
Picture this: You're successful, wealthy, living the dream. Seven-figure business revenue, maybe eight. Then one Tuesday afternoon, you check your mail and your blood runs cold. There it is—that official government envelope with the return address that makes millionaires break out in a cold sweat.
By Nth Degree Tax4 months ago in Education
How to Avoid an IRS Audit in 2025: The Million-Dollar Mistakes That Will Land You in Hot Water
Picture this: You're a successful business owner pulling in $2.3 million annually. Your accountant files your return in March, and by July, you're staring at that dreaded envelope from the IRS. The one that makes your heart skip a beat and your palms sweat.
By Nth Degree Tax4 months ago in Education
Should You File Jointly or Separately? A Strategic Tax Guide for High Earners
Picture this: You're a successful business owner pulling in $2 million annually, married to a corporate executive earning $450,000. Tax season rolls around, and like every year before, you automatically check "married filing jointly" without a second thought. After all, that's what everyone does, right?
By Nth Degree Tax4 months ago in Education
