insights
Blog Posts
We provide our clients with the most up-to-date industry insights on a wide range of relevant topics.
Divorcing Business Owners Should Pay Attention to the Tax Consequences
8/28/23 10:24 AMIf you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner, tax i...
Guaranteeing a Loan to Your Corporation? There May Be Tax Implications
8/23/23 9:32 AMLet’s say you decide to, or are asked to, guarantee a loan to your corporation. Before agreeing to act as a guarantor, e...
Should Your 401(k) Help Employees with Emergencies?
8/14/23 11:10 AMThe SECURE 2.0 law, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the...
IRS Provides Transitional Relief for RMDs and Inherited IRAs
7/31/23 6:45 AMThe IRS has issued new guidance providing transitional relief related to recent legislative changes to the age at which ...
A Tax-Smart Way to Develop and Sell Appreciated Land
7/24/23 9:14 AMLet’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting pa...
2023 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers
6/19/23 7:51 AMPrepare Your Business with These Q3 2023 Tax Deadlines Here are some of the key tax-related deadlines affecting business...
Advantages and Disadvantages of Claiming Big First-Year Real Estate Depreciation Deductions
6/12/23 12:50 PMYour business may be able to claim big first-year depreciation tax deductions for eligible real estate expenditures rath...
IRS Announces Inflation-Adjusted HSA Contribution Limits for 2024
5/22/23 9:19 AMThe IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA...
Mitigate Business Losses with the NOL Deduction
5/9/23 11:13 AMWhether you’re operating a new company or an established business, losses can happen. The federal tax code may help soft...
Take Advantage of the Historic Tax Credit When Renovating or Expanding Your Business
4/17/23 9:50 AMThe rehabilitation tax credit, also known as the historic tax credit, should be kept in mind if your business occupies s...