top of page
Blog
Blog: Text
Sep 16, 20242 min read
Maximizing Mortgage Interest and Tax Deductions through Equitable Ownership
Equitable ownership occurs when an individual has the rights and responsibilities of owning a property without holding its legal title....
Sep 9, 20243 min read
Should Tips Be Tax-Free? How Recent Proposals Could Change the Way You Tip
Tipping culture has undergone significant changes in recent years, particularly with the rise of digital kiosks and self-checkout lanes...
Sep 3, 20243 min read
Unexpected Tax Consequences of Converting a Traditional IRA to a Roth IRA
Taxpayers face annual limits on how much they can contribute to a Roth IRA. For 2024, the maximum contribution is $7,000 ($8,000 if you...
Aug 28, 20244 min read
September 2024 Business and Individual Due Dates
Business Due Dates September 16 - S Corporations File a 2023 calendar year income tax return (Form 1120-S) and pay any tax due. This due...
Aug 26, 20244 min read
Beware of Scams Targeting Corporate Transparency Act Reporting Requirements!
The Corporate Transparency Act (CTA), introduced as part of the Defense Authorization Act for Fiscal Year 2021, is a significant...
Aug 19, 20242 min read
Unlimited Deductions: Navigating the $25,000 Loss Limitation for Real Estate Investors
Tax laws for rental real estate can be complex but offer investors significant opportunities. A key rule is the $25,000 rental passive...
Blog: Blog2
bottom of page