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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.
Aug 1, 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 23, 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 11, 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 10, 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 27, 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 17, 2024


Don’t have a Tax-Favored Retirement Plan?
Don’t have a tax-favored retirement plan? Set one up now
May 15, 2024


3 Tips to Follow after you File your Tax Return
Taxes are filed and accepted! After filing, follow these 3 tips.
Apr 23, 2024


Keys to Less Painful IRS Audits - With Case Study
Thorough record-keeping and legitimate business expenditures are very important for less painful IRS audits.
Apr 17, 2024


Updates: Retirement Account Required Minimum Distributions
Here's all you'd need to know about the tax rules for a tax-favored retirement accounts.
Apr 10, 2024


Tax Rules for Vacation Rental Properties
Are you purchasing a vacation rental house or already own one? You might be curious about the tax implications of renting it out.
Apr 8, 2024


Q2 2024 Business Tax Dates
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024.
Apr 3, 2024


The Best Accounting Method Route for Business Tax: Cash or Accrual
Many businesses have a choice of using cash or accrual accounting for tax purposes. If you’re one of them, which route should you take?
Mar 28, 2024


The 2023 Gift Tax Return Deadline
Dive into 2023 gift tax insights: navigate gift giving, tax rules, and deadlines for effective financial planning.
Mar 26, 2024


Contribute to your IRA While You Still Have Time
If you didn't contribute to an IRA last year, there's still a chance to lower your tax bill for 2023.
Mar 22, 2024


Take a Business Trip with your Spouse? Here’s What you Should Know about the Business Expense Write Off
As a traveling business owner with your spouse, you may consider claiming your travel expense as deductions. Discover what is deductible.
Mar 14, 2024


9 Tax Considerations when Starting a Business as a Sole Proprietor
When embarking on a small business endeavor as a sole proprietor, there are nine key tax factors to consider. Read to learn more.
Mar 12, 2024


Build a Tax Favored Retirement with an IRA
Do you have a traditional or Roth IRA? Did you know your contributions can be used as a tax deduction? Learn how.
Mar 7, 2024


What is the Kiddie Tax? Who Does it Affect?
Kiddie tax are tax rules applicable to unearned income of children under the age 19 or if a college student, under the age 24. Read More.
Mar 5, 2024


Qualified Small Business Corporation (QSBC) Benefits
Operating your small business as a Qualified Small Business Corporation (QSBC) could be a smart idea, tax-wise that is. Learn why.
Feb 22, 2024
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