ARTICLES

529 plans offer tax-free growth for education savings, covering K-12 and college costs. Withdrawals are tax-free for qualified expenses.

To deduct losses, you must prove your business is not a hobby. Profit intent must be shown through records, time, and expertise. Contact us

Separating real estate ownership from your business may reduce double taxation and boost asset protection. Contact us to learn more.

Draft partnership and LLC agreements to address key tax issues like guaranteed payments, partner liabilities, and retiree payouts. Read more

EAPs support employees’ mental health but may require ERISA, COBRA, HIPAA, or ACA compliance. Legal guidance helps ensure full compliance.

Remote work can cause double taxation and multi-state tax obligations. Employees and employers must be aware of these potential tax issues.

By 2026, the IRS plans to increase its audit efforts. Stay prepared with organized records and be ready to address any red flags.

Employers with 50+ full-time employees must file IRS Forms 1094-C and 1095-C to report health coverage and avoid ACA penalties. Contact us!

Partnerships and LLCs offer pass-through taxation, special allocations, and must plan for tax liabilities with proper agreements.

Your business may qualify for cash or accrual accounting. Each has benefits—contact us to find the best tax method for your situation!

Selling real estate? You may owe up to 25% in taxes, plus 3.8% NIIT. Rules are complex—contact us with questions and we'll guide you!

The 2024 elections could change U.S. business taxes as key parts of the TCJA expire in 2025. Stay informed on potential tax law updates.

Plan tax-saving strategies for 2024. Maximize deductions, delay income, contribute to retirement, and donate smartly from IRAs.

Remote work is on the rise. Self-employed? You may qualify for tax deductions if you use your home office regularly and exclusively.

Electric vehicles are on the rise, boosted by a $7,500 tax credit. Check if you qualify and learn how to take advantage of this incentive.

Lower mortgage rates are exciting, and if you've recently bought a home, you might be able to deduct seller-paid mortgage points!

If you enjoy donating to charity and are required to take withdrawals from your traditional IRA, you might be able to save on taxes.

Key tax deadlines for employers in Q4 2024. Ensure timely filings and payments. Contact our team for more details.

Closing a business involves several tax & administrative responsibilities. Access a breakdown of key steps business owners should follow.

Picking the right business structure is a big deal for any business owner. An LLC might be an attractive option. Learn why.