As the 2024 presidential election draws closer, tax policies have taken center stage in the campaigns of Vice President Kamala Harris and former President Donald Trump. While taxes are not
Selling real estate can be a complex process, especially if you’re looking to structure the sale in a way that benefits both you and the buyer. One strategy that savvy
As 2024 begins, many business owners and individuals will find themselves navigating through a changing tax landscape. One of the most significant areas impacted is the ability to deduct interest
As a business owner, you may be focused on optimizing your personal tax strategies, but if you have children, the Kiddie Tax is an important area that can have a
A like-kind exchange, commonly referred to as a 1031 exchange, is a powerful tool for business owners and investors to defer capital gains taxes on the sale of real estate.
Owning rental property can be an excellent investment, but it comes with its fair share of tax implications. For business owners who are diving into the world of rental real
In recent years, the short-term rental market has exploded, with platforms like Airbnb and VRBO offering property owners an easy way to generate income. However, whether you’re renting out a
As we enter 2024, it’s crucial for business owners to stay on top of the latest tax updates and maximize their opportunities for tax efficiency. Here are the key federal
As a business owner, you may not immediately think about Social Security benefits when it comes to tax planning. However, understanding the tax implications of Social Security benefits can be
When considering investment strategies that minimize tax liability, municipal bonds, or “munis,” offer a powerful tool for business owners. Unlike other investment options that are either tax-deferred or taxed at