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    Recent Posts

    Thinking about converting your home into a rental property?

    Thinking about converting your home into a rental property?

    Tax issues to assess when converting from a C corporation to an S corporation

    Tax issues to assess when converting from a C corporation to an S corporation

    Congress eyes further retirement savings enhancements

    Congress eyes further retirement savings enhancements

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    Thinking about converting your home into a rental property?
    • May 5
    • 3 min

    Thinking about converting your home into a rental property?

    In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing...
    Tax issues to assess when converting from a C corporation to an S corporation
    • May 3
    • 2 min

    Tax issues to assess when converting from a C corporation to an S corporation

    Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S...
    Congress eyes further retirement savings enhancements
    • May 2
    • 4 min

    Congress eyes further retirement savings enhancements

    In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) — the first significant legislation...
    Selling mutual fund shares: What are the tax implications?
    • Apr 14
    • 3 min

    Selling mutual fund shares: What are the tax implications?

    If you’re an investor in mutual funds or you’re interested in putting some money into them, you’re not alone. According to the Investment...
    Taking the opposite approach: Ways your business can accelerate taxable income and defer deductions
    • Apr 12
    • 2 min

    Taking the opposite approach: Ways your business can accelerate taxable income and defer deductions

    Typically, businesses want to delay the recognition of taxable income into future years and accelerate deductions into the current year....
    Are you eligible for a medical expense tax deduction?
    • Apr 7
    • 3 min

    Are you eligible for a medical expense tax deduction?

    You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not...
    Providing a company car? Here’s how taxes are handled
    • Apr 5
    • 2 min

    Providing a company car? Here’s how taxes are handled

    The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax...
    The tax rules of renting out a vacation property
    • Mar 31
    • 3 min

    The tax rules of renting out a vacation property

    Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting...
    Establish a tax-favored retirement plan
    • Mar 29
    • 2 min

    Establish a tax-favored retirement plan

    If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement plan rules allow...
    Are you ready for the 2021 gift tax return deadline?
    • Mar 24
    • 2 min

    Are you ready for the 2021 gift tax return deadline?

    If you made large gifts to your children, grandchildren, or other heirs last year, it’s important to determine whether you’re required to...
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