Individual Retirement Accounts Benefit From But Carefully Manage the Tax Deferral

For many families, an individual retirement account can be their largest investment asset and in many situations will be the primary source of income during… Read More…

Short-Term Rental Taxes: Know what you owe before you rent your property.

It’s summer, which hopefully means you are bound for the beach or other destination soon. If so, my guess is that you spent at least… Read More…

5 Personal Tax Moves to Make This Summer

Yesterday, I discussed 5 mid-year tax moves you should make for your business. Today, we move to your personal return. Yep, summer is an equally… Read More…

5 Business Tax Moves to Make This Summer

Accountants are so fun. While everyone else is at the pool and dreaming of vacations, we’re here getting excited over mid-year tax planning.  Just six… Read More…

Real Estate Exchanges: A Great Opportunity That Requires Careful Planning

Given a choice of paying income tax now or paying later, almost all of us would pay later. We can keep the dollars otherwise paid… Read More…

Why You Need a Business Valuation (even if you don’t plan on selling soon)

A few weeks ago, the local county tax assessor sent appraisal staff through the neighborhood.  They poked around the back yard, took some measurements, and… Read More…

June 15th Tax Deadlines

Didn’t we just wrap up tax season?  Well, like it or not, another deadline is upon us. Tax Day is coming tomorrow, June 15th, for… Read More…

Roth Rules: When to convert your 401(k) to a Roth IRA.

I recently received an email from a client who left his job.  He had quite a bit of money in his 401(k) and wondered if… Read More…

3 Options for Dealing With a Tax Bill

We work so hard to avoid it, but occasionally, we have to deliver the dreaded news: “You owe money to the IRS.”  It’s news we… Read More…

Applying the Research Credit to Payroll Taxes

This past October, we highlighted some important proposed changes to R&D Tax Credit law.  Of particular note was the potential for qualified small businesses to… Read More…