Is it time to consider a cost segregation study? Because of the economic impact of inflation, many companies may need to conserve cash and not buy much equipment this… More on this story
What’s your taxpayer filing status? For many people, December 31 means a New Year’s Eve celebration. However, from a tax perspective, it means thinking about… More on this story
Year-end Gifts and the Gift Tax Annual Exclusion With the holidays and year-end approaching, you might be considering making gifts of stock or cash to family members and… More on this story
Inflation Reduction Act: Energy-Related Tax Incentives Although its official name is the Inflation Reduction Act of 2022, the wide-ranging tax and spending measure that was signed… More on this story
Year-end gifts and the gift tax annual exclusion With the holidays and year-end approaching, you might be considering making gifts of stock or cash to family members and… More on this story
Know the tax implications before renting out your vacation home If you’re fortunate enough to own a vacation home, you may want to rent it out when you’re not using… More on this story
Carried Interest Rules: Final Section 1061 Regulations Are Now in Effect For investment businesses—including many private equity, venture capital, real estate, and hedge fund partnerships—new rules governing the taxation of “carried… More on this story
Offset nursing home costs with possible tax breaks If you have a parent entering a nursing home, taxes are probably the last thing on your mind. But you… More on this story
R&D Tax Incentives: Prepare for Rule Changes The ability to deduct research and development (R&D) costs as a current business expense, rather than treat them as a… More on this story
Large cash business transactions must be reported to the IRS If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to… More on this story
