Chime In Consultancy

Watch The Big Business of Helping the Rich Dodge Taxes - Bloomberg The new trend among the rich is “tax alpha,” or lowering one’s tax bill while generating more profit along the way. It can be traced to a quadrupling of the S&P 500 over the past decade.

Depreciation is one of the most powerful, yet often overlooked, tax-planning tools available to real estate investors. It is a fundamental component of real estate investing that can turn a property into a "wealth booster." By lowering your current tax bill, depreciation acts as an immediate increase in your cash flow—effectively like money sitting in the bank—allowing you to reinvest and grow your portfolio faster.

Landlord and Business Owners, Are You Missing Your Depreciation Expense That Lowers Your Taxes?

🚨 Tax Extension Deadline Approaching!

Running out of time? Ensures your return is filed accurately and on time before IRS penalties kick in.

📌 Business Owners (The IRS considers small business owners are those that make $1M or less in gross receipts): We're only accepting 20 business returns (S-Corp, Partnership, C-Corp) to guarantee dedicated attention.

⚠️ Did You Know? Partnerships and S-Corps must file annually — even with $0 profit or zero activity — or face penalties of $255 per partner/shareholder, per month late. (Example: a 2-partner business 2 months late = $1,020 in fines, even with no profit.)

C-Corps face a 5% per month (penalty) on unpaid tax (up to 25%), with a $525 minimum if filed more than 60 days late when tax is owed.

Don't leave money on the table for the IRS. Contact us today to secure one of our 20 spots. 📞 877-220-3141 or we can call you👉https://form.jotform.com/262214132740041

Are you leaving money on the table on your rental property tax return? 🏠💰

❓ Did you maximize every deduction on your rental properties this year?
Whether you want to review past returns to see if you missed valuable deductions, need help structuring recent repairs under the $2,500 De Minimis Safe Harbor, or haven't filed yet for your real estate business—we’ve got you covered!

📞 Connect with Chime In Consultancy LLC today!
☎️ Call Us: 877-220-3141

🕒 Office Hours: Monday – Friday | 9:00 AM – 4:00 PM

💻 Schedule An Appointment Online- Visit www.chimeinconsults.com

Let’s ensure your real estate investments are working for you, not just the IRS! 📈✨

The sends notices and letters to ask you a question about your federal tax return, let you know about a change to your account or request a payment. Don’t panic if you get mail from the IRS – we’re here to help.

Our explains everything you need to do when you receive an IRS notice or letter and even explains how to make sure it's authentic.

Check out https://ow.ly/leKi50W2vGX to learn more.

Need to File Taxes Before Bankruptcy? Don’t Miss This Step! Filing for bankruptcy? 🛑 Don’t overlook your tax returns! Before yo...

We are officially past the halfway mark of the year, which means it’s the absolute perfect time for a quick tax health check. Waiting until April to find out you owe money is a trap you can easily avoid.

Depending on how you make your money, here is exactly what you need to look at this week:

👥 For W-2 Employees: Check Your Withholdings
If you receive a regular paycheck, your employer takes out federal taxes based on the Form W-4 you filled out when you were hired. But life changes! If you got married, had a baby, kids moved out or changed income brackets, your withholding might be completely off.

The Goal: Make sure the "right" amount is coming out.

Why it matters: If you withhold too little, you face an unexpected tax bill and penalties next spring. If you withhold too much, you’re shrinking your take-home pay when that cash could be working for you right now.

What to do: Grab your most recent pay stub and jump on the IRS Tax Withholding Estimator online to see exactly where you stand.
https://www.irs.gov/individuals/tax-withholding-estimator

💼 For the Self-Employed & Solopreneurs: Mind the 15.3%
If you are running your own business as a Sole Proprietor or single-member LLC, you aren't just paying standard income tax—you are also on the hook for the 15.3% Self-Employment Tax (which covers Social Security and Medicare).

Because you are both the employer and the employee, you pay the full amount on your net business earnings. As your business grows, that 15.3% chunk can become a heavy financial burden.

The Growth Strategy: Consider an S Corporation (S-Corp) structure.

How it saves you money: Once your business hits a certain profit threshold, transitioning to an S-Corp allows you to pay yourself a "reasonable salary".

What to do: Look at your net profit numbers from the first half of this year. If your net earnings are steadily climbing, it’s time to run a structural analysis.

The Bottom Line: Tax planning is an all-year game, not a springtime scramble. Taking 20 minutes to review your structure or your paycheck now ensures there are no ugly surprises on your next return.

📊 Unsure if an S-Corp makes sense for your business, or need help adjusting your W-4 properly? Let's get ahead of it together.

Head over to https://www.chimeinconsults.com/ right now to schedule your mid-year tax check, or comment "withholding" below and let's get you on the calendar!

Are you making money but still operating as "just you"?
No LLC. No business bank account. No insurance. No business credit.
Sound familiar? You're not alone — and it's fixable.
Chime In Consultancy is offering a FREE Business Qualification Review for side hustlers and gig workers. We'll tell you exactly whether your business qualifies for:
✅ LLC formation
✅ EIN (your business tax ID)
✅ DUNS Number (business credit)
✅ Business insurance
Takes 2 minutes. Zero commitment.
👇 Fill out the form below:

Chime In Consultancy — Your business, protected.

Free Business Review | Side Hustle to Business | Chime In Consultancy Can't get a business bank account? No LLC yet? Let Chime In Consultancy review what your side hustle qualifies for — free, no commitment required.

💰 Don't owe a big tax bill next April — pay estimated taxes quarterly!
If you're self-employed, a 1099 worker, landlord, or have any income without taxes withheld, the IRS expects you to pay as you go — 4 times a year. Here's how:
Step 1: Estimate your income for the year and subtract your deductions.
Step 2: Use the 2026 Tax Rate Schedules to find your bracket (Single, Married, Head of Household, etc.) and calculate what you'll owe.
Step 3: Divide that number by 4 — that's your quarterly payment.
📅 2026 due dates:
Q1 → April 15 | Q2 → June 16 | Q3 → Sept 15 | Q4 → Jan 15, 2027
How to pay: Go to irs.gov/payments and use IRS Direct Pay — it's free, fast, and no account needed. You can also use the IRS2Go app or mail a check with Form 1040-ES.
Pro tip: As long as you pay at least 90% of what you owe this year (or 100% of last year's tax), you avoid underpayment penalties entirely!
Share this with someone who doesn't know about estimated taxes — it could save them a lot of stress! 🙌