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Tax Implications of Selling Business Property
When selling business property, it's important to recognize that different types of property are subject to different tax rules. Learn more.
Aug 21, 2024

Control Costs by Focusing on these 3 Business Areas
Managing costs is crucial for any business. With recent economic and logistic shifts, businesses can control costs by analyzing 3 key areas.
Aug 19, 2024

Consider Borrowing from your Corporation? Be Mindful of Two Key Risks
Did you know? If you own a closely held corporation, you can borrow funds from your business at rates lower than those charged by a bank.
Aug 19, 2024

4 Ways Businesses can Control Cash Flow
From day one, business owners should keep a close eye on cash flow. Here are four strategies to help control cash flow better.
Aug 14, 2024

Available Tax Breaks when Caring for an Elderly Relative
Caring for an elderly relative brings many personal rewards, and you might also be eligible for tax breaks. Here are four to consider.
Aug 13, 2024

Planning your Estate? Consider these Strategies to Save in Future Taxes
With the high federal estate tax exemption for 2024, many people aren't worried about estate taxes. However, you might want to reconsider.
Aug 12, 2024

The Tax Consequences of Selling Mutual Funds
Investing in mutual funds is popular, but selling shares can lead to complex tax issues. Here are the rules you need to know.
Aug 7, 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 5, 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.
Aug 1, 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 26, 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

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 22, 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 18, 2024

Inflation Enhances the 2025 Amounts for Health Savings Accounts
The IRS has announced inflation adjustments for Health Savings Accounts (HSAs) for 2025.
Jul 17, 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

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 8, 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.
Jul 2, 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

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 25, 2024
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