When Can You Dump Old Tax Records?

Published on June 14, 2022

  Article Highlights: General statute is 3 years Some states are longer Fraud, failure to…

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Foreign Income and Tax Reporting Issues

Published on May 31, 2022

Article Highlights: Non-Resident Alien Spouse Foreign Rentals Foreign Pensions Foreign Income Exclusion FBAR Statement of…

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Tax Issues That Arise When Converting a Home into a Rental

Published on May 24, 2022

Article Highlights: Reason for Conversion Basis Depreciation Cash Flow versus Tax Profit or Loss Passive…

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Team Meeting


Published on May 3, 2022

Article Highlights: Payroll Taxes Corporate Officers Employees of a Corporation Reasonable Salaries Factors Flow-Through Deductions…

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Navigating The New 199A Pass-Through 20% Business Deduction

Published on December 13, 2018

Taxpayers with higher 1040 taxable incomes who are self-employed but are not “specified service businesses”…

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Insurance Agent

Insurance Statutory Agent Wins the 199A Tax Deduction

Published on November 6, 2018

Can a statutory agent qualify for the Section 199A deduction on his W-2 statutory net…

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save for retirement or education

Saving Plans for Retirement and Education

Published on September 11, 2018

When you are attempting to save money for your children’s future education or your retirement,…

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IRS Regulations Clarify Business Pass-Through Deduction

Published on August 14, 2018

Some of the major provisions of last year’s tax reform legislation were the many benefits…

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Big Changes for Vehicle Tax Deductions

Published on July 26, 2018

In the past, the business use of a vehicle was determined either by using the…

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Taxpayers Find Gift-Tax Reporting Confusing

Published on July 19, 2018

Gift taxes were created to prevent wealthy taxpayers from transferring their estates to their beneficiaries…

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