Are you ready for the Corporate Transparency Act (CTA)? What is it? The Corporate Transparency Act (CTA) is intended to provide law enforcement with beneficial ownership
Are you ready for the Corporate Transparency Act (CTA)? What is it? The Corporate Transparency Act (CTA) is intended to provide law enforcement with beneficial ownership
Introduction Selling a rental property can have significant tax implications for property owners. In this blog post, we will explore: how sales of rental properties
Introduction For medical and dental practices seeking ways to minimize tax liability and increase cash flow, cost segregation studies offer a valuable strategy. By accelerating
As a taxpayer looking to save money, you may wonder if you can claim deductions for clothing and uniforms on your tax returns. The answer
The IRS has created several forms in the 1099 series, but this article focuses on the 1099-NEC because it is applicable for so many of
A 529 plan is a tax-advantaged savings plan designed to help pay for educational expenses. When a parent or grandparent opens a 529 plan, they
In the last week of 2022, President Joe Biden signed into law the Consolidated Appropriations Act of 2023. The $1.7 trillion omnibus spending bill covers
We all know that contributing to retirement accounts early and often is good advice, but many of our clients question whether it is more beneficial
When businesses grow and become more profitable, owners may look for strategies to build cash reserves for the unknown future. Forming a captive insurance company,
Many business owners like to express their appreciation to clients and referral sources with gifts, especially around the holidays. Understanding IRS rules around gifts can
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