ACap ReCap: Financial and Tax Tips

Ara Oghoorian
  • 5.0 (7)
  • Business

ACap Advisors & Accountants is a boutique fee-only Wealth Management and full-service Accounting firm based in Los Angeles. We handle everything from taxes to investments to risk management and estate planning, providing comprehensive, unbiased financial advice in one location. In our ACap ReCap episodes, we discuss the latest financial news, answer the frequently received financial questions, and share financial tips with you. If you have questions or suggestions email us hello@acapam.com Find more details at https://www.acapam.com/ #financialadvisor #fiduciaryfinancialadvisor​ #finance #financial #money #wealthmanagement #assetmanagement #investment #tax #taxplanning

  1. 4d ago

    Fake 1099 in Your Name? 5 Steps to Stop Identity Theft

    Identity theft can show up as a 1099 for income you never earned. In this episode, we share the 5 steps to take right now to protect your credit, your bank accounts, and your tax return. A client recently received an erroneous 1099 from a vendor they never worked with, a clear sign their Social Security number had been compromised. We walk through how to pull your credit reports from Equifax, Experian, and TransUnion, how to freeze your credit so no one can open new accounts in your name, why you should update your bank and credit card passwords, how to set up an IRS online account to see what income has been reported under your SSN, and how an IRS Identity Protection PIN helps stop someone from filing a tax return in your name. 🔗 Resources  IRS Identity Protection PIN: https://www.irs.gov/ippin IRS online account: https://www.irs.gov/account Free credit reports: https://www.annualcreditreport.com Identity theft recovery: https://www.identitytheft.gov 🎧 Enjoyed this episode? Follow/subscribe so you never miss a new one.  ⭐ A quick rating and review on Apple Podcasts or Spotify helps us reach more people. It takes 30 seconds and affects how these platforms surface the show to new listeners.  📺 Prefer video? Watch this and more on our YouTube channel: https://www.youtube.com/c/Acapam 📞 Work with us: www.acapam.com 💬 Got a topic you want us to cover next? Drop a comment on YouTube or reach out through the website. ⚠️ This episode is for educational purposes only and does not constitute personalized tax, legal, or financial advice. www.acapam.com ACap's Financial Quick Tips

  2. Sep 10

    5 Tax Strategies That Sound Illegal (But Are 100% Legal)

    5 tax strategies that sound illegal but are 100% legal — used every year by high-net-worth earners to keep more of what they make. Here's exactly how the backdoor Roth IRA, the Augusta Rule, tax-loss harvesting, portfolio-based loans, and the 0% capital gains bracket actually work. In this episode, ACap Advisors & Accountants breaks down five completely legal, IRS-compliant strategies used by financial advisors and tax professionals to help high-income earners and business owners preserve wealth and invest tax-efficiently. You'll learn how a backdoor Roth IRA conversion works around Roth income limits, how the Augusta Rule lets you rent your home to your own business tax-free for up to 14 days a year, why tax-loss harvesting reduces taxable capital gains, how securities-backed lending lets you access cash without triggering a taxable sale, and how the 0% long-term capital gains tax bracket can apply even to high earners depending on total taxable income.  Follow/subscribe so you never miss a new one.  ⭐ A quick rating & review on Apple Podcasts or Spotify helps us reach more people — it takes 30 seconds and genuinely affects how these platforms surface the show to new listeners.  📺 Prefer video? Watch this and more on our YouTube channel: https://www.youtube.com/c/Acapam 📞 Work with us: https://www.acapam.com 💬 Got a topic you want us to cover next? Drop a comment on YouTube or reach out through the website. ⚠️ This episode is for educational purposes only and does not constitute personalized tax, legal, or financial advice. Consult a qualified tax professional or financial advisor before implementing any strategy discussed here. www.acapam.com ACap's Financial Quick Tips

  3. Jun 3

    Cost Segregation Explained: Maximizing Tax Deductions on Rental Properties

    Cost segregation is one of the most powerful tax strategies available to real estate investors, but it is often misunderstood. In this episode, Ara Oghoorian breaks down how cost segregation works, why it can significantly increase depreciation deductions, and how rental property owners can use it to reduce taxable income and improve cash flow. Through a practical example, he explains how a cost segregation study reclassifies components of a building into shorter depreciation schedules, allowing investors to accelerate tax benefits. Ara also discusses the three major advantages of cost segregation, including larger deductions, the ability to offset income from other rental properties, and potential tax savings. He then covers the drawbacks investors need to consider, including reduced future depreciation, passive activity loss limitations, and depreciation recapture when a property is sold. Whether you own apartment buildings, commercial real estate, or are considering your first rental property investment, this episode provides a practical overview of when cost segregation may, and may not, make sense for your tax strategy. Key Topics Discussed: What cost segregation isAccelerated depreciation explainedCost segregation studies and how they workTax benefits for rental property ownersOffsetting rental income with depreciationPassive activity loss considerationsDepreciation recapture risksWhen cost segregation makes senseCommon mistakes real estate investors makeFor more tax and financial planning insights, visit ACAP Advisors & Accountants. www.acapam.com ACap's Financial Quick Tips

  4. May 20

    How to Fill Out IRS Form 4547 for Trump Accounts, Step by Step

    Want to open a Trump Account for your child and claim the possible $1,000 government contribution? In this video, CPA and wealth manager Ara Oghoorian walks through IRS Form 4547 line by line, explains who qualifies, and shows exactly how to complete the form correctly. Learn how Trump Accounts work, who is eligible, contribution limits, and how parents can open the account before funding begins in July 2026. Trump Accounts are one of the biggest new child investing opportunities created under the One Big Beautiful Bill Act, and understanding the setup process now can help parents avoid mistakes later. In this video:  • What a Trump Account is  • Who qualifies for the account  • How the $1,000 government contribution works  • Trump Account contribution limits explained  • How to complete IRS Form 4547  • Information needed to open the account  • Online filing vs filing with your tax return  • Important July 2026 funding timeline  • Parent, grandparent, and guardian rules  • Traditional IRA comparison If you have questions about Trump Accounts, retirement planning, tax strategy, or investing for your children, contact us below. 🌐 Contact ACAP Advisors & Accountants:  https://www.acapam.com/contact/ #TrumpAccount #IRSForm4547 #TrumpAccounts #InvestingForKids #ChildInvestmentAccount #FinancialPlanning #TaxStrategy #RetirementPlanning #WealthManagement #CPA #FamilyFinance #OneBigBeautifulBillAct www.acapam.com ACap's Financial Quick Tips

  5. May 13

    Trump Accounts vs IRAs, What Parents Need to Know

    Trump Accounts and IRAs are not the same, but used together, they can create a powerful head start for a child’s financial future. Ara explains how Trump Accounts compare to Traditional and Roth IRAs, including eligibility rules, contribution limits, investment restrictions, tax treatment, withdrawal rules, and planning opportunities for children with or without earned income. He also covers the $1,000 government seed contribution, employer contributions, Roth IRA conversions at age 18, and why Trump Accounts function like a hybrid retirement account for kids. www.acapam.com ACap's Financial Quick Tips

  6. May 6

    Graduation Money Advice: How to Build Wealth From Your First Paycheck

    Graduating is more than the end of school, it is the beginning of your financial life. In this episode, Ara shares the money advice every graduate should hear before lifestyle inflation, debt, and bad habits take over. Learn how to open a Roth IRA, automate savings, build credit, create an emergency fund, save 20% of your income, understand taxes, and make smart decisions with your first 401(k). Whether you are starting with a minimum wage job or a high income career, these early financial moves can put you years ahead. www.acapam.com ACap's Financial Quick Tips

  7. Apr 29

    Trump Accounts Explained, New $1,000 Government Investment Account for Kids

    Ara breaks down the new Trump Accounts created under the One Big Beautiful Bill Act, a tax advantaged investment account designed for children. In this episode, you’ll learn who qualifies, how the $1,000 government deposit works, contribution limits, investment restrictions, withdrawal rules, and why these accounts could become a powerful long term wealth building tool for kids. Ara also explains the potential planning opportunities for parents, employers, and business owners, plus what guidance is still pending from the IRS and Treasury www.acapam.com ACap's Financial Quick Tips

  8. Apr 22

    S&P 500: The Truth Most Investors Miss

    Is investing in the S&P 500 enough to build real wealth, or are you leaving money and protection on the table? Before you go all in on index funds, understand what the S&P 500 does well and where it falls short. In this episode, Ara Oghoorian breaks down the reality behind one of the most recommended investment strategies in the world. While the S&P 500 is often praised for its simplicity, low cost, and long term performance, many investors misunderstand its limitations and risks. You will learn what the S&P 500 actually is, why it has become so popular, and how index funds allow you to invest in it. Ara also explains the key benefits including diversification, low expenses, liquidity, and built in global exposure. But more importantly, this episode challenges the idea that the S&P 500 should be your only investment. From lack of true diversification to exposure to market volatility and missed opportunities in other sectors, Ara walks through the critical gaps that could impact your long term financial plan. You will also hear a powerful breakdown of historical performance showing why the S&P 500 is not always the top performing index, and what that means for your portfolio strategy. If you are serious about financial planning, retirement investing, and building a smarter tax efficient portfolio, this is a must listen. Want help building a diversified investment strategy that aligns with your goals?  Contact us at https://www.acapam.com/contact/ www.acapam.com ACap's Financial Quick Tips

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5
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About

ACap Advisors & Accountants is a boutique fee-only Wealth Management and full-service Accounting firm based in Los Angeles. We handle everything from taxes to investments to risk management and estate planning, providing comprehensive, unbiased financial advice in one location. In our ACap ReCap episodes, we discuss the latest financial news, answer the frequently received financial questions, and share financial tips with you. If you have questions or suggestions email us hello@acapam.com Find more details at https://www.acapam.com/ #financialadvisor #fiduciaryfinancialadvisor​ #finance #financial #money #wealthmanagement #assetmanagement #investment #tax #taxplanning

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