Phantom income can be a drain on your resources and time. Through proper financial planning, you can avoid phantom income sources and ensure that you can pay the taxes on your phantom income by setting up transactions appropriately.

Watch Ari Kornhaber (EVP & Head of Corporate Development, Esquire Bank) and Bryan Koshers (Contingency Fee Accounting Specialist) as they discuss ways to avoid phantom income and make a positive impact on your finances.