Deduct a loss from making a personal loan to a relative or friend
Suppose your adult child or friend needs to borrow money. [...]
Planning for the future: 5 business succession options and their tax implications
When it’s time to consider your business’s future, succession planning [...]
Riding the tax break train: Maximizing employee transportation fringe benefits
There are some nice tax breaks for transportation-related employee fringe [...]
The 2024 gift tax return deadline is coming up soon
If you made significant gifts to your children, grandchildren or [...]
Do you have an excess business loss?
If an individual taxpayer has substantial business losses, unfavorable federal [...]
Taming the tax tangle if you’re retiring soon
Retirement is often viewed as an opportunity to travel, spend [...]
Looking ahead to 2025 tax limits as you prepare to file your 2024 return
Chances are, you’re more concerned about your 2024 tax return [...]
Do you have questions about taking IRA withdrawals? We’ve got answers
Once you reach age 73, tax law requires you to [...]
How Section 1231 gains and losses affect business asset sales
When selling business assets, understanding the tax implications is crucial. [...]
Operating as a C corporation: Weigh the benefits and drawbacks
When deciding on the best structure for your business, one [...]
