Blog
7 Valuable Deductions for Self-Employed Individuals
If your business was forced to close due to the pandemic, you may be itching to get back in the game. Or maybe you’re looking to fulfill a lifelong...
You May Want to Separate Real Estate Assets from Your Business
You May Want to Separate Real Estate Assets from Your Business Many companies choose not to combine real estate and other assets into a single...
How to Monetize Receivables When Payors Are Slow
How to Monetize Receivables When Payors Are Slow Many business owners encounter difficulties obtaining prompt payment from customers. Such...
Nonprofits Need to Educate Donors About New Tax Benefits
Nonprofits Need to Educate Donors About New Tax Benefits The Consolidated Appropriations Act (CAA) enacted in December 2020 extends and modifies...
Energy-Related Tax Breaks are Added in the New Law
The massive economic stimulus and government spending law, which was signed on December 27, 2020, extends several energy-related tax breaks. Before...
Temporary Changes to the Child and Dependent Care Credit
Temporary Changes to the Child and Dependent Care Credit The American Rescue Plan Act (ARPA) includes major, but temporary, changes to the...
Vacation Home Usage has Tax Implications
Do you own a vacation home that’s classified as a rental property for tax purposes? Rental property owners may be tempted to use their rental...
Prenuptial Agreements as an Estate Planning Tool
Prenuptial agreements and domestic law vary from one state to another but nearly every state has laws that prevent one spouse from entirely...
The Tax Implications of Closing a Schedule C Business
Unfortunately, many businesses have already been forced to close their doors due to the economic fallout from COVID-19, and more will surely follow....
