Tax Strategies

The Estate Administration Challenge Entering the world of estate planning – whether you’re setting up your own estate or helping administer someone else’s – can feel overwhelming. Terms like last will and testament, living revocable trust, and taxable estate quickly pile up, and […]

Summer is a good time to see whether your income, deductions, and investment activity are lining up as expected. Let’s take a look at a few areas that commonly provide tax-saving opportunities. Your Tax Bracket The legislations commonly known as […]

Businesses in economically distressed communities often have difficulty obtaining capital for expansion, equipment, facilities, and other investments. The New Markets Tax Credit (NMTC) encourages private investment in these underserved areas by offering federal income tax credits to qualifying investors.  This […]

If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking about selling a property. If it has appreciated significantly, a Section 1031 like-kind exchange may allow you to defer tax […]

Tax scammers continue to target taxpayers through email, text messages, phone calls, and regular mail. They often try to create urgency or fear to trick victims into sharing sensitive information or sending money. The IRS warns taxpayers to remain cautious […]

Yes, the April 15 tax deadline is now behind us. But there are also deadlines during the rest of the year that are important to be aware of. To help you not miss any, here’s when some key tax-related forms, […]

Businesses that own commercial real estate property may be sitting on an overlooked treasure chest of tax savings – and a cost segregation study can be the key to unlocking it. This is a strategic tool that combines accounting and […]

The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited liability partnership (LLP) or limited liability company (LLC). Depending how your ownership interest is treated under these rules, you may […]