For today’s Tax Strategy Tuesday, I’ll be sharing a trick landlords and small business owners with real estate and capital equipment (like vehicles and … [Read more...] about Tax Strategy Tuesday: Accelerate Depreciation Strategy
individual income taxes
Tax Strategy Tuesday: Start a Pension Plan for Yourself
The year is almost over. Not much time at all to take steps that reduce your taxes. But one last-minute idea to share. An easy trick that can help … [Read more...] about Tax Strategy Tuesday: Start a Pension Plan for Yourself
Tax Strategy Tuesday: Startup Business Employee Retention Credit
The year ends in a just a few days. So, a last minute tax strategy: If you can start a business before the year ends, you should be able to employ the … [Read more...] about Tax Strategy Tuesday: Startup Business Employee Retention Credit
Tax Strategy Tuesday: Convert Guaranteed Payments to Qualified Business Income
Okay. This Tuesday? I've got a tax strategy for partnerships. A strategy that can save individual partners thousands in taxes annually. Maybe even … [Read more...] about Tax Strategy Tuesday: Convert Guaranteed Payments to Qualified Business Income
Tax Strategy Tuesday: Vacation Rental Property
On Tuesdays, for at least the next few weeks, we will blog about tax strategies that high-income investors and business owners may be able to use to … [Read more...] about Tax Strategy Tuesday: Vacation Rental Property
Build Back Better S Corporation Tax Hits High Income Taxpayers
The Build Back Better Act hits S corporation owners and active real estate investors a bit harder than some of us guessed. In a nutshell? It … [Read more...] about Build Back Better S Corporation Tax Hits High Income Taxpayers
Biden Real Estate Tax Proposals Scramble Planning for Investors
Recent blog posts here have talked about how President Biden proposes to boost the federal taxes some small businesses and their owners pay. But Mr. … [Read more...] about Biden Real Estate Tax Proposals Scramble Planning for Investors
Biden Capital Gains Tax Planning
As you may know, President Biden proposes changing the tax law in a bunch of areas, including ratcheting up the capital gains tax that some investors … [Read more...] about Biden Capital Gains Tax Planning
The PPP Tax Trap
Okay, sorry, but I’m worried you might stumble into a PPP tax trap. The good news here? You may be able to avoid the trap. But the bad news? You m … [Read more...] about The PPP Tax Trap
Proposed Biden Tax Reform Planning
You want to spend at least a little time thinking about the Biden tax reform proposals. With the President-Elect taking office in January, the … [Read more...] about Proposed Biden Tax Reform Planning