This article explains how capital gains tax applies to short-term and long-term gains and how it affects your overall tax liability.
Read More
Small Business Tips
Discover ADA tax credits and deductions for small businesses, including incentives for making accessibility improvements and complying with ADA standards.
Learn how pass-through taxation can benefit your business, including the impact on your tax obligations and the advantages over traditional corporate taxes.
Understand the Pass-Through Entity Tax (PTET), its implications for businesses, and how it affects state tax liabilities for pass-through entities.
Find out how S-Corporation owners get paid, including salary versus distribution benefits and the impact on personal and business taxes.
Examine the F Reorganization process for S-Corporations, its benefits for restructuring or selling a business, and key considerations for compliance.
Discover if the IRS can garnish Social Security payments for debts, the limitations on garnishment, and protections for recipients.
Utilize tax-loss harvesting as a strategic approach to reduce taxable income by offsetting capital gains with losses from investment sales.
Choosing the right business structure: A comprehensive guide to the tax and legal implications of LLCs, S-Corps, and more for entrepreneurs.
Explore the concept of a family management company, its tax benefits, and how it can be used for wealth management and estate planning.