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 →
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 →
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
Remote Access Solutions: Work From Home
With the need to work from home we are pushing to help keep productivity up, we will continue the day-to-day operations that are necessary and we are working to help companies do the same to remain profitable and thriving! Regardless...Read More →
IRS Delays Tax Deadline by 90 Days: How This Affects You
In response to the Covid-19 infection, U.S. tax payers are getting a full 90 day tax payment deferment from the IRS. This applies to income taxes due up to $1 million Corporations have been given the same deferment period on...Read More →
It’s Tax time again…
It’s about that time. There are fewer than 8 weeks left to file your income taxes. Choosing a professional to assist with your tax preparation isn’t a decision you should make lightly. You need to work with someone who has...Read More →