Tyler D Harris, CPA

Senior Tax Accountant

I help business owners save millions in taxes using advanced tax strategies.

I moved to Hawaii with my wife and three kids for better work/life balance.

Tax Supervisor

Tyler D. Harris, CPA, CMA

A client copied me on an email with a lender this week.

Immediately, I reached out to the client to tell him to hit the brakes. A small change could save him $25k per year in taxes.

He's refinancing his home down from a 7.72% rate to a 5.75% rate.

At face value, it's a huge win.

But here's how he can make it even better. 

Currently, only the interest related to the first $750k of home acquisition interest is tax deductible.

With a mortgage balance of about $1,750,000, only about 43% of his mortgage interest is tax-deductible.

He is planning on pulling $150k of equity for home repairs, meaning his new loan amount will be $1.9 million at 5.75%. Overall, his rate drops quite a bit, but only 39% of his interest will be tax deductible.

He happens to have a decent amount of liquidity right now, so my suggestion is this:

1. Pay the original mortgage down to $750,000.
2. Wait about a month
3. Refinance at $1,900,000
4. Use $750,000 to pay off the original balance
5. Use the remaining $1,150,000 to invest into either his company or his portfolio.

At the end of the month, he's in the same financial position except for his taxes will drop.

Now he will be able to deduct all of the home interest and the rest of the interest will be deductible against his investment income.

This results in about $25k of annual tax savings (37% Fed and 11% HI), and the tax savings reduces his effective interest rate from 6.13% down to 2.99%.

Check out the math below and let me know if you have any questions.

Tyler Harris CPA

I help entrepreneurs worth $40M-$400M save $1M+ in tax.

No alternative text description for this image

I'm looking for a CPA or EA in NYC for one of my client's best employees. 

Hoping to keep her fees less than $1k. Here's a quick rundown of her situation:

$200-$300k of wages as follows:

One W-2 through May 2025. She received 6 months severance when her company was acquired. She did contract work for a few months before starting at my client's company. 

Currently single. Engaged to be married in 2026.

I need someone who can handle a (likely) simple Schedule C as well as a couple of W-2's.

That's about it, from what I know.

Please tag someone in the comments or reach out if interested.

There is a lot of fear around stripping profits from a C-Corp.

"The IRS wants you to pay a dividend"

"You shouldn't avoid double-tax"

These are the claims, but they are based on old facts.

Before 2017, corporate tax rates were 35%. This meant if you pulled a dividend from the company at the highest brackets, your combined Federal tax rate was was about 50.47%.

If you paid yourself a big salary you would pay about 43.4%.

If you paid an S-Corp management company the rate was as low as 39.6%, but probably closer to 43%.

This meant the IRS was losing at least 7% when people avoided double tax!

Now? 

The rates are a lot closer:

Double tax: 39.8%
Wages: 40.8%
S-Corp: 37%-40.8%

There's barely a difference!

So don't believe the hype. 

C-Corps aren't terrible.

They are about as tax-efficient as any other structure.

But please, consult a professional to make sure you choose the right structure for your company.

I'm currently on the phone with the IRS resolving a $13,722 error that would have cost 5 minutes of attention.

In January 2025, Los Angeles County had some serious wildfires. A large portion of Pacific Palisades burned to the ground - entire neighborhoods.

As a result, both the IRS and the CA FTB extended disaster relief via payment postponement for all Q4 2024 estimates, 2024 balances, and Q1, Q2, and Q3 2025 estimated tax payments.

This means that the $13,722 underpayment below should have been waived, but the tax preparer (not us) failed to apply disaster relief to the taxpayer's account.

Instead, they calculated an underpayment penalty and had the client voluntarily pay it.

I've been busy resolving issues like this over the past couple of months.

We applied this disaster relief to all of our clients since our office is in Los Angeles County for their 2024 tax returns. 

Our clients will also get this relief for their 2025 tax returns. For some of them, I've seen over $100k of interest savings just by avoiding these penalties and delaying their payments.

If you weren't aware of this previously, check your tax returns and make sure you have disaster relief applied to your account if you were entitled to it.

Netgain Solutions

We automate complicated accounting workflows and processes, particularly with lease accounting and fixed asset management.

Account Executive

NEXA Mortgage

Faster. Easier. Cheaper. Mortgage. 

At NEXA, I have access to a wide variety of loan products for anyone looking for a mortgage. NEXA is a broker that uses ~180 of the best lenders in the industry. Let me shop for you and find which lender and which loan product (and rate!) is best for you. Here are a few of the products I can help you with:

- Conventional, VA, USDA, FHA
- Down Payment Assistance
- Bank Statement Loans for Self-Employment
- Debt Service Coverage Ratio Loans for Investment Properties
- Manufactured Homes
- Jumbos
- Renovation, 1-Time Close Construction, 2-Time Close Construction, Fix & Flip, etc.
- Non-Warrantable Condo, Condotel
- Reverse Mortgage
- No Ratio
- No FICO
- Hard Money
- Commercial
- Many more!

Feel free to reach out with mortgage-related questions!
baffleck@nexamortgage.com

Mortgage Loan Officer | Team Lead

Harvest Hope, Inc.

-Raised over $125,000 through competitions as well as direct and online fundraising for our NPO
-Consulted loan-seeking small business owners of various industries on business-growing tactics and other strategies
-Screened potential candidates and issued 150+ non-punitive “soft” loans ranging from $200-$1000

Co-founder

Altabank

As a loan officer, I originate residential mortgages across all major loan products, including conforming-conventional, jumbo, VA, FHA, and USDA loans. I enjoy working with first time homebuyers, seasoned investors, and refinancing homeowners.

Mortgage Loan Officer

Stratesis Technologies, LLC

-Presented and delivered reports regarding positions, margin, and diversification directly to hedge fund senior partners
-Executed trades, performed company analysis, and managed positions on 50-100 trades each day
-Performed extensive analysis comparing two trading algorithms which caused a change in the fund’s trade executions

Equity Trader

Lodestar Capital Partners

-Gained exposure to global equity markets and learned modeling and valuation skills working on an analyst research team that managed $400 million assets under management
-Determined investment decisions by implementing firm-specific investment criteria (value investing)
-Researched 22 publicly listed companies in six different countries and visited the companies’ management teams

Equity Research Analyst

Missionary Training Center

-Facilitated an environment of learning for groups of 6-12 volunteers, with groups rotating every nine weeks
-Taught Korean as a second language and provided skills-based training to volunteer groups preparing to go to Korea
-Used problem-solving skills to organize curriculum to cater to specific needs and to help volunteers excel on an individual basis

Korean Teacher

Dolphin Capital Group LLC

-Conducted industry and company research and collaborated with team members on research and presentations
-Presented findings for potential health and fitness deals, particularly focused on indoor cycling, to management
-Increased familiarity with due diligence and deal sourcing specific to private markets and companies

Private Equity Analyst

I have experience in B2B and B2C sales. I'm currently working as an Account Executive for Netgain, a SaaS company that helps corporate accounting teams, CPA's, and auditors automate complex processes.

I also do mortgages (I specialize in DSCR loans nationwide), and I'm passionate about real estate investing. In addition, I help run a non profit called Harvest Hope, that we started in 2018. We work in Kenya to help severely under-served communities start and grow agriculture-based businesses.

taplio

The Battle

Tyler D. Harris, CPA, CMA

Billy Affleck

Followers

Posts

Engagements

Likes

Performance ScoreTyler D. Harris, CPA, CMA's LinkedIn Performance

Ready to grow your LinkedIn presence?

taplio

The Battle

Tyler D. Harris, CPA, CMA

Billy Affleck

Followers

Posts

Engagements

Likes

Performance Score.css-goub6s{font-size:var(--chakra-fontSizes-md);font-weight:500;color:var(--chakra-colors-gray-600);display:block;margin-top:var(--chakra-space-1);}Tyler D. Harris, CPA, CMA's LinkedIn Performance

Ready to grow your LinkedIn presence?

Performance ScoreTyler D. Harris, CPA, CMA's LinkedIn Performance