“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...]
OBBBA Raised the SALT Cap—But There’s a Catch
“Do Pass-Through Entity TaxesStill Pay Off after OBBBA?” To get my complete article with all the details… Congress raised the SALT cap to $40,000. So if you've been using pass-through entity taxes to work around the old $10,000 limit... problem solved? Not quite. That new $40,000 cap has fine print. Cross a certain income threshold, and the cap starts … [Read more...]
The Hidden Advantages Behind Filing a Gift Tax Return
“The Hidden Benefits ofFiling a Gift Tax Return” To get my complete article with all the details… Most people hear “gift tax return” and think of paperwork they’d rather avoid. But here’s the surprise: filing Form 709 can actually protect you, save your family headaches later, and even lock in tax benefits the IRS can’t challenge after three years. If you’ve given … [Read more...]
Only Seven Months Left to Claim This Builder Credit
“Home Builder Alert: Seven MonthsLeft for Tax Credit” To get my complete article with all the details… If you build or renovate homes, there’s a major tax credit on the table right now—one that can put real dollars back into your business. But here’s the catch: in just seven months, the window to claim it slams shut. Most builders won’t realize they’ve missed their … [Read more...]
When a Deal Falls Apart—Your Costs Might Still Pay Off
“Start-up and Acquisition Costsafter a Deal Falls Apart” To get my complete article with all the details… When a deal falls apart, it’s not just the disappointment—you’re often left staring at a stack of invoices for lawyers, accountants, and research. And it feels like money you’ll never get back. But the tax code has a few twists. Depending on what you were trying … [Read more...]