Four Ways to Turn Suspended Losses into Real Tax Savings To get my complete article with all the details… If you've owned rental property for years, you may have tax deductions waiting to be claimed. The challenge is knowing how—and when—to unlock them. Here are three reasons to read this article: Learn More: Four Tactics That Turn Suspended Passive Losses … [Read more...]
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A Complete 2026 Health Insurance Update for S Corporation Owners
A Complete 2026 Health Insurance Update for S Corporation Owners To get my complete article with all the details… If you own an S corporation, the health insurance deduction is still available in 2026—but one small mistake can cost you thousands. Here are three reasons to read this update: Review the 2026 Rules: 2026 Health Insurance for S Corporation … [Read more...]
Paid your child for a one-time job? Three rules your preparer needs to get right
Paid Your Child For a One-time Job?Three Rules Your Preparer Needs To Get Right To get my complete article with all the details… You paid your college student for a one-time project. You took the deduction. The family came out ahead. But now the details matter. Which Form 1099 do you use—and which box? Does the kiddie tax apply? Can your child contribute the income … [Read more...]
A Little-Known Way to Pay Family (Without Payroll Taxes?)
“A Little-Known Way to Pay Family(Without Payroll Taxes?)” To get my complete article with all the details… Most tax pros know the “hire your child” strategy. But here’s what I’ll admit—I used to think that once the child was over 18, or if the business was a corporation, the payroll tax benefit was largely gone. Turns out, that’s not always the case. Here are … [Read more...]
The IRS Attribution Rules That Catch Owners Off Guard
“The IRS Attribution RulesThat Catch Owners Off Guard” To get my complete article with all the details… Attribution rules don’t look dangerous—until they quietly change who owns what for tax purposes. They can turn a routine transaction into a denied loss, unexpected stock ownership, or even a controlled group problem. And here’s the hard fact: three different … [Read more...]