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 →
DEDUCTING BUSINESS-RELATED CAR EXPENSES
If you're self-employed and use your car for business, you can deduct certain business-related car expenses. First thing small business owners need to know is that there are two options for claiming deductions
Holiday Deductions
Holiday gifts made to customers are generally deductible as ordinary and necessary business expenses.
Business Entertainment Expenses
As a business owner, you are eligible to deduct certain expenses related to entertaining clients.