“Are You a Regular Investor ora Tax-Favored Securities Trader?” To get my complete, FREE articlewith all the details... __________________________________________________ DEFINITION: Mark to market For tax purposes, mark to market meansresetting the value of say a stock or other asset toits market price on December 31 (or fiscal yearend date if … [Read more...]
2023 Health Insurance for S Corporation Owners: An Update
2023 Health Insurance for S Corporation Owners: An Update As a business owner operating an S corporation or a tax professional assisting an S corporation, you have to be updated on the latest health insurance policies and regulations to ensure that you are in compliance with the law and to avoid any penalties. This article on 2023 Health Insurance for S Corporation … [Read more...]
Antiques: an often-overlooked asset for businesses
An Often-Overlooked Asset for Businesses As a business owner, staying informed about tax deductions and wise investment choices is important. This February 2023 antiques article provides valuable information on how you can deduct the cost of certain antiques used in your business. The courts have established a legal precedent for your doing so by ruling in favor of … [Read more...]
Discover New Tax Strategies for RMDs under the SECURE 2.0 Act
Discover New Tax Strategies for RMDs under the SECURE 2.0 Act Are you aware of the required minimum distributions (RMDs) for your tax-deferred retirement accounts? The SECURE 2.0 Act has introduced new tax strategies for RMDs that could save you money and help you plan for retirement more effectively. This comprehensive article covers the essential details you need to … [Read more...]
Rental properties? Learn how to escape the passive-loss trap with our latest article
Rental Properties? Learn How to Escape the Passive-Loss Trap with our Latest Article Attention rental property owners: are you missing out on valuable tax deductions due to passive-loss rules? Don't let these rules continue to complicate your tax strategy. Our latest article, Plan Your Passive Activity Losses for Tax-Deduction Relevance, outlines three escapes from the … [Read more...]