"Unlock Massive Tax Savingswith These Popular Vehicles" To get my complete articlewith all the details… Are you looking to maximize your business vehicle deductions this tax season? We've got game-changing information you can't afford to miss. Did you know that certain SUVs, crossovers, and pickup trucks can qualify for accelerated depreciation, potentially saving … [Read more...]
Tax Policy
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A Cautionary Tale for Business Owners: Protect Yourself as a Minority Shareholder
"A Cautionary Tale for Business Owners:Protect Yourself as a Minority Shareholder" To get my complete articlewith all the details… As a business owner with partners, protecting your interests is crucial—especially if you're a minority shareholder. In our latest article, "The Cost of Trust: A Cautionary Tale for Minority Shareholders," we explore a real-life story that … [Read more...]
Avoid the Hidden Dangers of the Accumulated Earnings Penalty Tax
“Avoid the Hidden Dangers of theAccumulated Earnings Penalty Tax” To get my complete articlewith all the details… Remember how the movie Jaws starts? A young girl is swimming in the open water when a giant shark comes up out of the depths and attacks her. Shocking! Okay, it’s a bit of a reach, but the same plot is at work when it comes to the Accumulated … [Read more...]
Convert C to S Corp: Save Thousands and Avoid BIG Tax Problem
"Convert C to S Corp: Save Thousandsand Avoid BIG Tax Problem" To get my complete articlewith all the details… Did you know that you can save a whole lot of money by learning how to avoid the evil built-in gains tax; The tax that often applies when you convert your C corporation into an S corporation. Supposed you’ve decided the S corporationis your preferred … [Read more...]
Exceptions to the 10% Penalty for Early IRA Withdrawals
“Exceptions to the 10% Penaltyfor Early IRA Withdrawals” To get my complete articlewith all the details… If you’re in a pinch, and want to withdraw money from your IRA before you turn 59 ½, be careful. You see, you may have to pay a hefty price for that withdrawal. Here’s the story. Most traditional IRA withdrawals are at least partially taxable. The … [Read more...]