5 Smart Retirement Strategies If You Earn Too Much for a Roth IRA
High-income earners may not qualify for direct Roth IRA contributions, but there are still several tax-smart ways to build retirement savings. Learn five strategies that can help maximize your retirement planning while reducing future tax burdens.
Schedule E vs. Partnership vs. S Corporation for Real Estate Investors
Choosing how to own and report real estate can affect taxes, liability exposure, administrative costs, and long-term planning. Compare three common tax structures for real estate investors.
Half the Year Is Almost Over—Is Your Tax Strategy Keeping Pace?
Half the Year Is Almost Over—Is Your Tax Strategy Keeping Pace? When most people think about taxes, they think about April. Smart taxpayers think about right now. The middle of the year is one of the best times to review...Read More →
Meals and Entertainment Deductions Under the OBBBA
IRS Guidance Under the One Big Beautiful Bill Act (OBBBA), starting in 2026, deductions for employer-operated eating facilities and meals provided for the “convenience of the employer” under section 274(o) will be fully disallowed, marking the end of a long-standing...Read More →
Is it Time to Revisit Your Business Entity Structure?
There is always time to revisit your current business entity structure based on your business’s current needs. Read below to find out what has changed and why it is important to revaluate your existing business structure. One Big Beautiful Bill...Read More →
Hidden Gem Options to Elevate 401(k) Savings for High Earners
In 2024, employees participating in 401(k) plans can contribute up to $23,000 per year. In addition, when taking account for employer and employee contributions, the limit stands at $69,000 which increases the ability for workers to set aside even more....Read More →
Tax-Gain Harvesting and How You Can Use it to Your Advantage
Rallys within the stock market are great for profit, but with profit along comes taxes. Using Tax-Gain Harvesting as a tool can help lower taxes, and here is everything you need to know about it. Tax-gain harvesting is for those...Read More →
Contribution Guidelines Increase Savings for Taxpayers in 2024.
Those who are participating in retirement plans will witness an increase in contribution limits from $22,500 to $23,000. These plans include: 401(k), 403(b), and a majority of the 457 plans, including Thrift Savings Plan. Additionally, the annual contribution limits for...Read More →
Nearing retirement? Use an HSA.
Nearing retirement? Here's how to get the most out of your HSA.
Starting An S Corp? These Four Questions Will Help You Decide
Do S corps really live up to the hype? Even though everyone else is forming one—should you? How do you know if it’s really worth the time and investment? The truth is every business is different, forming an S corp is a...Read More →