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.
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…
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…
State and Local Tax Impacts on a Business Sale
Tax implications triggered by the sale of a business can get complicated when you add state-based…
Tax Loss Harvesting – Timing and Planning Are Key
As your financial advisor will tell you, whenever you have significant losses in a portfolio of assets, you have the…
What is Net Investment Income Tax?
As I have mentioned in past columns, the traditional capital gains tax is not the only…
Tax Plan Ahead for a Higher-Priced Business Sale
You must take a proactive and thoughtful approach to tax planning if you want to sell your business for a…
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…
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…
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…