For the next few years, estate planning will be easier, thanks to the increased exemption amounts under the tax reform signed into law last December. Starting in 2018, the estate…
The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here’s a look at some of the more important elements of the new law that have…
No one likes to pay more in taxes than they have to. The desire to minimize taxes makes S-corporations a great choice for many small businesses. Like all pass-through entities,…
Do you have income from sources that don’t automatically withhold taxes? This might be income from investments, rentals, self-employment, or payments for services performed as a contractor. The IRS (and…
Choosing an entity type is a crucial early decision for your new business. The best choice depends on the nature of your business, whether you now have or plan to…
What would you do with an additional $250,000 or $500,000 of tax-free income? Selling your home at a gain is one of the few ways the IRS allows you to…