Tax Planning vs. Financial Planning: Why You Need to Understand the Difference
Many business owners assume tax planning is something to think about later – often lumped together with retirement or viewed as a byproduct of financial
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Recent blogs
Accounting Website Design: Getting Found
Guest Post By: By Brian O’Connell At some point, some of us will notice a bothersome little itch that says: time to find an accountant
Midyear Strategies for Gaining Business to Business Referrals
We’ve presented over the last 2 weeks how you can use a secret formula for increasing your referrals and using stories that leave your audience
3-Step Formula on How to Get Referrals
Last week I wrote about a magic three-step system for doubling your referrals. Why? Most tax business owners tell us that referrals are your single
Five Tips to Avoiding the Tax Hazards of Renting to Relatives
If you have more than one home, renting one to a relative may appear at first glance to be a win/win. A son, daughter, cousin
Save Tax Dollars through Upstreaming
Upstreaming is a tried and true method of saving on taxes by skillfully moving income from one subsidiary to its parent. Things are rarely simple
Good News for the Rich: No Clawback on the Recent Doubled Tax Exemption for Estates and Gifts
The federal government taxes large estates, but under the recent Tax Cuts and Jobs Act, (TCJA), P.L. 115-97, which went into effect January 1, 2018,
How 1400z Opportunity Zone Investment Drastically Reduces Capital Gains
To taxpayers facing large capital gains, very few strategies exist to defer or eliminate the tax altogether. That all changed with tax reform. The Tax
IRS Services Are Available During the Government Shutdown: What You Need to Know
As the longest government shutdown in US history continues, many Americans are wondering how IRS services are being affected. An IRS-wide furlough began on December
Breaking Down the New Mortgage Deduction Rules
Homebuying and homebuilding are good for the economy. That fact, and not lawmakers’ desire to give working families a break, is what makes the mortgage
Dealing With The New Alimony Deduction Rules
For about a generation, spousal support payments have been tax-deductible for obligors and alimony receipts have been tax-reportable for obliges. Effective January 2019, the times