Real Estate Taxes
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
September 5, 2024
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Blog
Category: IRS tax planning
IRS Notices
The recent Tax Court ruling in favor of Keith Phillips serves as a powerful reminder of the importance of the IRS following proper procedures when
September 3, 2024
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Charitable Deductions
Thinking about donating your car or another vehicle to a charitable organization? It’s a generous move, but did you know that with the right approach,
September 3, 2024
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IRS tax planning
As the calendar year winds down, many small business owners are tempted to make last-minute purchases to maximize their tax benefits. While this can be
September 2, 2024
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Business Tax Benefits
In our ongoing series to help business owners optimize their tax strategies, we previously covered the Disabled Access Credit. Today, we’re delving into another valuable
September 2, 2024
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IRS tax planning
Navigating the complexities of the U.S. tax system can be overwhelming for many Americans. The intricate web of rules, deductions, and exemptions often leaves taxpayers
August 29, 2024
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Business Tax Benefits
As a busy entrepreneur, finding ways to optimize your tax savings can significantly impact your bottom line. One such strategy involves combining business travel with
August 28, 2024
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Business Tax Audits
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
August 27, 2024
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IRS Audit
Schedule C filers, the backbone of many small businesses and sole proprietors, face a daunting reality: they are statistically 3-10 times more likely to be
August 27, 2024
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IRS tax planning
In times of economic hardship, navigating tax obligations can make financial stress so much worse. Sometimes it may be due to being out of work,
July 22, 2024
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