Author: Matt Miller
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Tax “Loopholes” Are Simpler Than You Think (And Totally Legal)
When people hear the phrase “tax loopholes,” they tend to imagine billionaires, offshore accounts, and complicated strategies that only the ultra-wealthy can access. But here’s the truth: many of the most powerful tax-saving strategies are not secret, not shady, and not complicated. In fact, they’re written directly into the tax code to reward business owners Read more
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Important Tax Dates for 2026 — Federal & Maryland
Staying on top of tax deadlines is critical—especially for small business owners, S-Corp owners, real estate investors, and anyone making estimated tax payments. At Cardinal Tax, we want to help you stay organized so you avoid penalties, interest, and last‐minute stress. Here’s a clear breakdown of what to watch for in 2026, both at the Read more
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Dental CPA for Maryland Dentists Who Want Less Stress & More Profit
Keep More of What You Earn. Stay Compliant. Finally Understand Your Numbers. I work with dental practice owners and other small business owners across Maryland to reduce taxes, clean up their books, and bring clarity to their financials, without the once-a-year surprises. ✓ Experience working with dental practices✓ Maryland-based tax strategy & compliance✓ Year-round planning Read more
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Bench Accounting Acquired by Employer.com: A Troubling Development for Small Business Owners
Bench, an online accounting platform that marketed itself as a solution for small business owners, has been acquired by Employer.com, a large technology platform best known for its HR and payroll services. While this might sound like a positive move on the surface, for many former Bench users, the acquisition raises serious concerns about the Read more
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Tax Strategies for Real Estate Investors: 7 Key Methods to Maximize Tax Savings
Real estate investing offers unique tax advantages that can significantly reduce your taxable income. However, the complexities involved in understanding and applying these strategies make it essential to consult with tax professionals. Here’s a breakdown of seven impactful strategies to maximize tax efficiency: 1. Passive Activity Netting Rental properties are generally categorized as passive activities, Read more
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2025 Deadlines for Filing – IRS & Maryland
January 2025 February 2025 March 2025 April 2025 June 2025 September 2025 October 2025 November 2025 December 2025 This covers federal deadlines for 1040s, 1120s, 1065s, and Maryland-specific deadlines like the Annual Statement and Personal Property Tax Return. Read more
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The Truth about LLCs for Your Real Estate
The Truth about LLCs for Your Real Estate: Which Structure Is Best for You? Real estate investors are often faced with an important question when purchasing property: How should I structure ownership to best protect myself and my assets? One of the most popular choices among real estate investors is the Limited Liability Company (LLC). Read more
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The Passive Activity Rules & Form K-1
The Passive Activity Rules & Form K-1: Understanding the Nuances for Real Estate Investors and Partnerships If you’re investing in a partnership—whether it’s through a real estate syndication, a real estate fund, or any other type of business venture—the chances are that you’ll be dealing with Form K-1. This form provides a detailed summary of Read more
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The Reason Not to Use an S-Corp for Rentals
As real estate investors, structuring your business properly is crucial to optimizing tax benefits, ensuring flexibility, and protecting assets. One common entity used for business owners is the S-Corporation (S-Corp). However, when it comes to rental properties, using an S-Corp can have significant downsides. Today, we will focus on the most critical reason you should Read more
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Unlocking the Power of Real Estate Professional Status (REPS): Strategies for Real Estate Investors
Real estate investing offers numerous tax benefits, but one of the most lucrative is qualifying as a Real Estate Professional (REP). Achieving REP status allows investors to offset rental losses against active income, which can significantly reduce tax liabilities. Given that most rental properties generate tax losses due to depreciation, even when they are cash-flow Read more