Disability Income: Is it Taxable? Many Americans receive disability income. If you’re one of them or know someone who is, you may wonder whether it’s… More on this story
Ways to withdraw cash from a corporation Owners of closely held corporations often want or need to withdraw cash from the business. The simplest way, of course,… More on this story
The Deductibility of Medical Expenses Individual taxpayers may be able to claim medical expense deductions on their tax returns. However, the rules can be challenging,… More on this story
1031 Exchange Variations and Alternatives One widely used tax strategy among real estate investors is the “like-kind” exchange, often called a 1031 exchange after the… More on this story
Tax Deadlines for Q4 2021 The fourth quarter of the year holds some very important tax deadlines. We review them here: October 15 — Personal… More on this story
Keep state taxes in mind when selling your business For various reasons, business owners sometimes decide to put their companies on the market. To successfully negotiate the sale of… More on this story
Legislative text of tax provisions released by the House Ways and Means Committee The House Ways & Means Committee is making big announcements today. The legislative text regarding tax changes related to the… More on this story
A Look at Potential Tax Law Changes With significant revisions to the tax code currently under discussion in Congress, many businesses and individual taxpayers are struggling to… More on this story
A Look at the Current State of Estate Planning Because of the current estate tax exemption amount ($11.7 million in 2021), many estates no longer need to be concerned… More on this story
Recovery Startup Businesses are eligible for Employee Retention Tax Credits beginning this quarter The American Rescue Plan Act of 2021, passed on March 11, 2021, included new eligibility criteria for startup businesses to… More on this story
