“IRC Section 1563: The ControlledGroup Trap” To get my complete article with all the details… You formed separate corporations. So each one gets its own Section 179 deduction, its own tax credits, its own limits. Right? Not necessarily. There's an IRS rule that can collapse multiple corporations into a single taxpayer—even if they operate … [Read more...]
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Family, Finances, and the IRS: One Smart Year-End Move
“Marriage, Kids, and Taxes—The Surprising Year-End Connection” To get my complete article with all the details… As the year winds down, family and business tend to take center stage—and taxes are probably the last thing you want to think about. But before you close the books on 2025, it’s worth taking a quick look at how your family, your marriage, and even your … [Read more...]
OBBBA Biz Grid for Your Desktop
"Keep the OBBBA Biz Gridon Your Desktop" To get my complete article with all the details… The One Big Beautiful Bill Act (OBBBA) transformed the landscape of small business taxation and incentives. With more than two dozen substantial changes to track—ranging from 100 percent bonus depreciation to qualified opportunity zones—you can be overwhelmed. That’s why we … [Read more...]
OBBBA Shakes Up Charitable Deductions
“OBBBA Charitable Giving Shake-Up:Winners and Losers” To get my complete article with all the details… Big changes are coming for charitable giving—and they could affect how you, your clients, or your business approaches donations. The One Big Beautiful Bill Act (OBBBA) rewrites the rules on who gets tax breaks for giving, and how much those deductions are worth. … [Read more...]
For Biz Owners: Don’t Expose Your S Corp. to Unnecessary Risk
“When Should Your S CorporationHave an S Corporation Subsidiary?” To get my complete article with all the details… If you’re like most S corporation owners, you chose the S corporation structure to save on self-employment taxes. But here’s a powerful benefit most business owners don’t know about: You can form a subsidiary under your S corporation—called a … [Read more...]