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Aug 5, 2024
Getting Divorced? Don’t Get Blindsided by These 6 Key Tax Issues
Getting a divorce can be a difficult & painful process. Avoid adding financial stress to the situation by understanding 6 key tax issues.
Aug 1, 2024
What to Expect as the Tax Cuts and Jobs Act (TCJA) Provisions are Scheduled to Expire
On December 31, 2025, the TCJA and other tax provisions are set to expire. Here are 4 possible outcomes to prepare for.
Jul 26, 2024
House Rich but Cash Poor? Consider a Reverse Mortgage Strategy
Are you a homeowner in need additional or supplemental income, a reverse mortgage may be your answer. Learn how it works.
Jul 23, 2024
Should you Convert your Business from a C to an S Corporation?
There are several factors to consider when converting from a C to an S corporation. Consider these four tax issues you may face.
Jul 22, 2024
2024 Q3 Tax Calendar: Key Deadlines for Businesses
Here are some important tax-related deadlines for businesses and employers in the third quarter of 2024.
Jul 17, 2024
Social Security Taxes – What We Can Expect in the Future
As inflation continues to rise, so will your Social Security taxes. Taxpayers should anticipate increases but the exact extent is uncertain.
Jul 17, 2024
Inflation Enhances the 2025 Amounts for Health Savings Accounts
The IRS has announced inflation adjustments for Health Savings Accounts (HSAs) for 2025.
Jul 11, 2024
Save on Taxes Accrued from Selling Appreciated Land in 3 Steps
Thinking of selling a piece of land that has appreciated over the years? Expect a tax bill that could amount to 24% of your sale, or lower.
Jul 10, 2024
When do Valuable Gifts to Charity Require an Appraisal?
If you donate valuable items to charity and wish to claim a tax deduction, you may need a gift appraisal. Here's what you need to know.
Jul 8, 2024
Why you Should include Debt in a C-Corp Capital Structure
If you intend to use a C corporation for a new business or need additional capital for an existing C corporation, there are tax advantages.
Jul 2, 2024
Selling an Appreciated Vacation Home - Tax Scenarios
Owning a home that has increased in value is typically beneficial. However, the federal income taxes owed from the sale can be complex.
Jun 27, 2024
Tax Tips for Buying the Assets of a Business
When buying a business, the structure of the transaction CAN significantly impact your tax results after the acquisition. Read for tips.
Jun 25, 2024
Turn Your Hobby into a Business - Tax Rules to Pay Attention to
Wanting to turn your hobby into a business? Learn how the IRS will determine if your venture is a hobby or a bona fide business.
Jun 24, 2024
Things to Consider when Bringing On A New Business Partner
Adding a new partner to a partnership involves multiple financial and legal considerations. Learn how to avoid the obstacles.
Jun 18, 2024
The Sneaky Stealth Tax on Social Security Benefits
My social security benefits should be free from federal income taxes, right? Not exactly. Take a look at 3 stealth tax scenarios .
Jun 17, 2024
Partnership Related Expenses: When are Partners Expected to Incur the Expenses?
Typically, partners are not personally liable for partnership-related expenses, but there are exceptions to this rule. Read More.
Jun 10, 2024
Tax-Favored Retirement Plans: SEP IRAs and Simple IRAS
Consider these tax-favored IRA plans for your employees: SEP IRAs and Simple IRAs.
May 28, 2024
Income vs Deductions: When Should Businesses Handle Income and Deductions Differently
When businesses may want to take a contrary approach with income and deductions
May 20, 2024
Job loss is difficult, and the tax implications can make it even more challenging
Losing a job is difficult, and the tax implications can make it even more challenging.
May 17, 2024
Why Some Small Businesses Choose to Execute a Pivot Strategy
Why Some Businesses Choose to Execute a Pivot Strategy
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