The new Section 199A "pass-thru" deduction mostly matters to sole proprietors, partnerships, S corporations and real estate investors. In a … [Read more...] about Section 199A Changes Investment Portfolio Construction
Small Business Monte Carlo Simulation
Somebody asked me about building a small business Monte Carlo simulation worksheet. They’d seen the earlier blog post we’d done about stock market … [Read more...] about Small Business Monte Carlo Simulation
Sec. 199A Changes Retirement Planning
Okay, a weird thing about the pass-thru "Section 199A deduction” created by the new tax law. Section 199A changes retirement planning for some small … [Read more...] about Sec. 199A Changes Retirement Planning
Section 199A Technical Corrections Fix Grain Glitch
On March 22, 2018, the President signed into law the Section 199A technical corrections that fix the grain glitch. The bad news with these Section … [Read more...] about Section 199A Technical Corrections Fix Grain Glitch
Section 199A S Corporation Dissolution
Some S corporation owners are starting to ask about Section 199A S corporation dissolution. In other words, should an S corporation dissolve to … [Read more...] about Section 199A S Corporation Dissolution
Real Estate Professional Audit Troubles
Are you worried about a real estate professional audit? You maybe should be if you're using the real estate professional designation to sidestep … [Read more...] about Real Estate Professional Audit Troubles
How to Extend Tax Return Last Minute
If you can’t file a tax return by April 17, 2018—the due date for 2017 returns given that April 15 falls on a Sunday and April 16 is a holiday in … [Read more...] about How to Extend Tax Return Last Minute
199A Deduction: Calculating Your Tax Savings
As you work on preparing your 2018 income tax return, you may wonder how much income tax the new Section 199A deduction saves you. This post, … [Read more...] about 199A Deduction: Calculating Your Tax Savings
Pascal’s Wager and Your Investment Portfolio
Blaise Pascal achieved fame and notoriety for several achievements. The 17th century French mathematician did ground-breaking work in geometry and … [Read more...] about Pascal’s Wager and Your Investment Portfolio
IRS Audit Prevention Tips
Your tax return is due sometime in the next couple of weeks—unless you extend. And given that, I thought it’d make sense to talk about IRS audit … [Read more...] about IRS Audit Prevention Tips