The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) extended 50% bonus depreciation through 2017. Bonus depreciation allows businesses to recover the costs of depreciable property more […]
If you own an interest in a closely held business, it’s critical to have a well-designed, properly funded buy-sell agreement. It provides business owners and their families with valuable protection […]
If you are the paranoid government conspiracy theory loving type, this post is not for you. You will cringe at the very thought of the suggestions and ideas contained herein […]
Most taxpayers begin thinking about filing their tax returns just before the April 15 filing deadline (this year, April 18). However, you may want to consider filing as early as […]
Purchasing stock in certain small businesses has at least two advantages: you can diversify your portfolio and enjoy preferential tax treatment, thanks to a provision of the tax extenders act […]
Sharing your estate with charity by making donations during your life provides many benefits: You help your favorite organizations, reduce your taxable estate, and if handled properly, reduce your income […]
My regular readers are now experts in the concept of statutory residency: Have a permanent place of abode and be present in the jurisdiction for more than 183 days and […]
Making direct tuition payments is just one strategy available for funding your grandchild’s college education while minimizing taxes. As the cost of a college education continues to soar, you can […]
For those of you familiar with the comic strip Dilbert, my favorite strip ever involves Dilbert pointing out to his boss that they did an extensive research study and determined […]