GET IN TOUCH GET IN TOUCH Why form an LLC? For plenty of entrepreneurs who wish to start their own business, one of the first questions they ask themselves is: What form of business entity is best for their needs? With plenty of options to choose from, and with your decision impacting everything from how…Read More
GET IN TOUCH GET IN TOUCH When launching your exciting new business, one of the first and most critical questions you’ll need to answer is: What type of business structure is the right choice for your goals and needs? Although there are only so many structures to choose from, the decision can have profound and…Read More
GET IN TOUCH GET IN TOUCH The recently-implemented Inflation Reduction Act brought about sweeping changes impacting U.S. taxpayers. Yet, one frequently-debated provision of the tax code ended up remaining unchanged, in spite of demands from representatives of high-tax states with Pass-Through Entity Tax (PTET) laws: the SALT cap. However, although federal legislators who supported a…Read More
GET IN TOUCH GET IN TOUCH Did the IRS hit you with a penalty related to your 2019 and/or 2020 tax returns? If so, there is some good news that may apply to you. You don’t need us to tell you: The Covid-19 pandemic profoundly impacted all aspects of life and continues to be felt…Read More
GET IN TOUCH GET IN TOUCH Being named the beneficiary of a person’s retirement plan is an honor and demonstrates that the person who passed away was willing to trust you with their life savings. However, if you are receiving this type of inheritance, you should know it also comes with significant responsibilities, choices, and…Read More
If you are considering a reverse mortgage, it’s essential to understand how it works.
This article will answer some common questions about reverse mortgages and examine some risks and potential disadvantages to help you make the wisest decision for your circumstances.Read More
GET IN TOUCH GET IN TOUCH Employee stock options can be a valuable aspect of a good compensation package. However, knowing when and how to exercise your options is not always so simple — and it can be expensive. If you don’t have the cash to cover the expenses of your options exercise out-of-pocket, you…Read More
If you’re a business owner, it’s possible that at some point during the year, you’ll have an excess business loss or net operating loss.
This article provides some answers to common questions about excess business loss limitations and Net Operating Loss so that you can make more informed decisions when preparing your taxes.Read More
Short-term rentals have become a popular way to earn extra cash.
Before you invest your money in a short-term rental property, take the time to consider these 3 tips that will help you avoid falling into common tax traps as a result of your investment.Read More
Is your small business booming? If so, you may be considering offering your employees a group healthcare plan. A group healthcare plan ensures your great team stays healthy and happy as they continue to help the business succeed.
Read on to learn more about the small business healthcare tax credit, including what it is, how it works, whether or not your small business may qualify, and how to claim the credit.Read More