Description

Jason Osser graduated from State University of New York at Oneonta with a Bachelor of Science in Accounting and Economics, and from Binghamton University with a Master of Business Administration with a concentration in Human Resource Management.

After relocating to the Washington, DC metropolitan area in 1996, Jason held a series of accounting positions, from staff accountant to controller, until he decided to own and run his own business.

Since leaving corporate America over 15 years ago, Jason has been a successful franchise business owner, an accounting and small business expert, a Certified Public Accountant, a real estate investor, and an adjunct professor at local colleges. Jason’s diverse experience enables him to bring insights into how to create a growing and successful small business through disciplined accounting best practices and tax planning.

This episode talks about:

• Jason’s CPA tax practice and what the types of businesses he focuses on
• The importance of identifying and making the right business entity selection.
• The 4 most common types of business entities and their differences
• Qualified business deductions
• Who is eligible for the qualified business income (QBI) deduction or the Section 199A?
• Do businesses get taxed differently from individuals?
• What is a pass-through entity?
• Taxes for franchises
• How do small business owners reduce their taxes and take control of their businesses?
• What is “QuickBooks”?
• What is a Self Directed IRA (SDIRA)? Advantages? Disadvantages?
• Required Minimum Distribution (RMD) and how it is calculated?
• How to set up a self-directed IRA?
• Rules to follow when engaging in a transaction using your self-directed account.
• Recourse vs. Non-Recourse Loan, differences with tax deductions?
• Can you invest in a real estate syndication with your retirement account?
• Recommended book- “Riding Quickbooks to the Promised Land”

To connect with Jason Osser, please visit:

👉Company Website:➡️https://ossercpa.com

👉Linkedin ➡️ https://www.linkedin.com/company/jason-s--osser-cpa-&-assoc-/about

👉Facebook ➡️ https://www.facebook.com/ossercpa

👉Twitter ➡️https://twitter.com/ossercpa

👉Email: 📧jason@ossercpa.com

👉Contact Number 📞 571.331.1652

👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.