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October 17, 2023

Tax Planning: Net Operating Losses

Taxpayers have an opportunity to utilize net operating losses (NOLs) generated on their personal and corporate tax returns generated in tax year 2023 by carrying forward […]
October 11, 2023

Tax Planning: Medical & Dental Expenses

Medical expenses can trim taxes. Keeping good records and knowing what to deduct make all the difference. Taxpayers can only claim medical expenses that they paid […]
October 3, 2023

Distributions During Working Retirement

Consolidated Appropriations Act, 2021 Under the Consolidated Appropriations Act, 2021, a pension plan will not fail to meet qualification requirements solely because it provides for a […]
September 27, 2023

Rental Property as Qualified Business Income

Rental Property as Qualified Business Income If you operate a rental real estate business, you may qualify to claim the business income deduction under Section 199A […]
September 22, 2023

Kiddie Tax

Kiddie Tax Taxpayers with dependents who have unearned income during the year might want to consider some year-end tax planning strategies to reduce their overall tax […]
September 19, 2023

Cost Segregation

Tax Benefits of Cost Segregation Business and individual taxpayers that acquire nonresidential real property or residential rental property have an opportunity to reduce the depreciable lives […]
September 15, 2023

Tax Credits!

Employer Tax Credit for Paid Family & Medical Leave The Consolidated Appropriations Act, 2021 extends the employer credit for paid family and medical leave through December […]
September 13, 2023

Rental Real Estate

Rental Real Estate Landlords should be aware that keeping accurate accounting records is just as important as collecting the rent on time each month. If a […]
July 2, 2019

Is an HSA right for you?

To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts (HSAs). With these accounts, individuals can […]
July 2, 2019

Donating your vehicle to charity may not be a taxwise decision

You’ve probably seen or heard ads urging you to donate your car to charity. “Make a difference and receive tax savings,” one organization states. But donating […]
June 18, 2019

Which entity is most suitable for your new or existing business?

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax rate […]
June 15, 2019

2019 Q3 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep in mind that this list isn’t […]
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