Are You a Savvy Taxpayer or a Plucked Goose?
Tax season for most CPAs begins in January and ends April 15th. Businesses and individuals have received most of their…
Crime Does Not Pay – Save on Taxes the Legal…
It distresses me to see a continuing stream of headlines in the financial media about tax cheats. Just recently two…
Cost Segregation: A Highly Valuable Tax-Saving Tool
Cost segregation is a tax-saving tactic that segments certain components of improved property you own by “class” or type of…
Businessman Sells Company – Keeps Taxes in His Pocket for…
Family-owned businesses are a cherished American ideal, but it takes a commitment from multiple generations to keep such enterprises going.
Strategic vs. Tactical Tax Planning
If you search online for “tax planning” advice, you get a lot of information on the tactical management of tax…
IRS Seeks to Limit Minority-Interest Estate Tax Moves
For years the IRS has been asking Congress to close a number of loopholes in tax law through which savvy…
Tax Strategies for the Super-Rich Can Also Apply to the…
An article appeared in the New York Times about how the “super-rich” use their money and influence to appropriately…
Real Estate Developer-to-Investor Status Switch Didn’t Fly with IRS
Developing an action plan to maximize the profit you keep in your pocket in anticipation of a coming tax bill…
Sell Assets – Defer the Taxes
If you own a business, commercial or other investment property, a high-end residence or other capital asset that you want…
IRS Audits vs. Tax Planning – Tax Planning Offers You…
Did you know that statistics can offer some very interesting insights about probabilities? Take, for example, the probability of you…