Part 1: Tax Planning for the OBBB: How the New Tax Act Can Benefit Business Owners
After months of waiting, clarity is finally coming. The tax and spending package unofficially known as the “One Big Beautiful Bill” Act (OBBB) has been
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Qualifying for the Employee Retention Credit: Who is an Eligible Employer
Taxpayers have been pummeled by the same eye-catching ads all tax season: “Get $26,000 per employee through the Employee Retention Credit!” Messages like this have
Tax Strategies for Investments: Securing the 0% Capital Gains Tax Rate
First-time investors may spend a great deal of time and effort researching the best possible investment opportunities—but fail to take into consideration the tax consequences.
Tax Strategies for Investments: Making Use of Loss Harvesting and Loss Carryovers
Profiting from investments and reducing tax liability may seem like competing goals, but both can be accomplished with a little proactive tax planning. In the
Tax Strategies for Investments: Controlling Timing for Capital Gains
Long-term investment success is about more than the initial investment decision. As tax professionals know, timing can have a dramatic impact on the tax consequences
Section 174 and R&E – Uncertainty and Questions
By Kevin Zolriasatain, Principal of KBKG Many businesses, small and large, rely on research and development to improve their offerings, compete with international markets, and
Oil and Gas: Where is the opportunity?
By Chase Ravsten, Vice President of Vistia Capital Investing in oil and gas can offer potential advantages: Oil and gas are still a staple of
Tax Deductions for Business Vehicles: Using Standard Mileage vs Actual Expenses
New business owners may be excited to learn that the IRS also allows them to deduct their annual business mileage as a business expense. However,
Tax Deductions for Business Vehicles: Section 179 vs. Bonus Depreciation
When it comes to vehicle tax deductions, tax planners face a number of challenges—from keeping up with recent changes to the tax rules to educating
Accounting Pricing Strategy
Accounting Pricing Strategy One of the most difficult, yet important, issues you must decide as tax business owner is how much to charge for your
Limiting the Substance Over Form Doctrine
At the end of 2018, to the dismay of the IRS and the Tax Court, the Second Circuit joined the First and Sixth in reversing