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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Tax Planning for Retirement Income: Implementing the Bucket Strategy
As you begin working with taxpayers to plan out their cash flow for retirement, you will want to advise them on the timing for withdrawing
Tax Planning for Retirement Income: Strategies for Generating Cash
As people plan for retirement, they rarely take into consideration the tax implications. What taxpayers may not realize is that the amount of retirement income
Hidden Gems of the Tax World: Employer-Provided Retirement Plan and Childcare Tax Credits
Most taxpayers would say they want to take every legally permissible step to lower their tax bill. Yet each year taxpayers fail to claim tax
Hidden Gems of the Tax World: Reviewing Tax Credit Basics with Your Clients
Every year countless taxpayers overlook money-saving opportunities in the form of tax credits. This provides tax professionals with an opportunity to look like magicians as
Changes in Tax Law: Exchanging Your Conservation Easement Strategy for a Fee Simple
For the investment-focused landowner, conservation easements have served as a means to a substantial tax break. A conservation easement is when a landowner agrees to
Changes in Tax Law: The End of the Road for Conservation Easements
Navigating the Tax Code can be like trying to follow a map where the lines are constantly shifting. Every month, it seems like new guidance
Qualifying for the Employee Retention Credit: Three Tests to Earn the ERC
As we mentioned in our last blog, small business owners can see major benefits from the Employee Retention Credit with a little expert guidance. Unfortunately,
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