IRS tax planning
In December, The New York Times published an eye-opening investigation into the estate planning strategies used by Nvidia CEO Jensen Huang to protect his wealth
February 19, 2025
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Blog
Category: Tax Saving Tips
Tax Preparation Options
Tax season is a pivotal time for business owners. It’s not just about filing returns; it’s about doing so with accuracy and efficiency while minimizing
January 10, 2025
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Military Tax Relief
Simplified Guide to Military Tax Benefits: Helping Service Members and Veterans Navigate Their Taxes
Members of the U.S. Armed Forces and veterans often have unique tax situations and needs. Recognizing the sacrifices they make, the IRS provides specific tax
January 9, 2025
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Capital Gains Taxes
For business owners, navigating the complexities of capital losses can offer significant opportunities to reduce tax liabilities. Understanding how to strategically manage and utilize these
December 27, 2024
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Business Tax Benefits
Each year, the IRS adjusts various tax provisions to account for inflation, impacting standard deductions, income thresholds, and retirement contributions. These adjustments are particularly relevant
December 27, 2024
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Business Tax Benefits
Starting January 1, 2025, the IRS is implementing new interest rates for tax overpayments and underpayments. These quarterly adjustments, based on the federal short-term rate,
December 23, 2024
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Small Business Tax Help
As we approach the end of 2024, the IRS has released its annual inflation adjustments for tax year 2025, which will significantly impact individual taxpayers
December 18, 2024
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Business Tax Benefits
As we approach the end of the year, it’s time for business owners to take a hard look at their finances and implement strategic tax
December 18, 2024
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Business Tax Benefits
If you’re a business owner looking to make a smart investment before year-end, don’t overlook the tax benefits of purchasing a business vehicle. By acting
December 16, 2024
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Business Tax Benefits
As we head into 2025, one topic gaining significant bipartisan support is the restoration of the immediate expensing for research and development (R&D) costs. For
December 9, 2024
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