Investing in raw land can be a strategic move for business owners looking to diversify their portfolios. Raw land, which refers to unimproved land without any buildings or other structures,
Owning real estate through an S corporation can offer several tax advantages during your lifetime, but what happens when you pass away? This is a question many business owners might
The IRS has recently introduced a significant update for non-spouse beneficiaries of inherited IRAs, offering potential tax-saving opportunities for business owners. Understanding these changes and their implications can help you
As the 2024 election approaches, Vice President Kamala Harris, the Democratic nominee for president, has outlined her tax policy agenda, which largely builds on President Biden’s earlier proposals. Understanding these
If you own a timeshare, understanding how to maximize tax deductions can be challenging, especially when you rent it out. The tax implications of owning a timeshare vary based on
In times of market volatility, investors often look for strategies to mitigate losses and maximize their financial position. One powerful tax strategy that can be leveraged during such periods is