To get my complete, FREE articlewith all the details… NOTE: This new article makes must-reading for…Certain EmployeesAnd…Tax pros with these types of spouses or clients Definition: NUA (Net Unrealized Appreciation) The term NUA refers to the difference between what someone pays for employer’s stock, (the cost basis), and the stock’s appreciated fair market … [Read more...]
A Sneak Peek Inside an IRS Playbook
To get my complete, FREE articlewith all the details… You open the mailbox and there it is… That dreaded letter from the IRS informing you that you’re going to be the target of a comprehensive audit. Ouch! (By the way, the stiff drink you gulp down, and the adult diapers you purchase, are NOT deductible!) Are you prepared for your audit?Your IRS agent sure … [Read more...]
Is an IRS ‘Private Letter Ruling’ Worth Getting?
To get my complete, FREE articlewith all the details… Do you have a question for the IRS? It’s very possible that the IRS can answer it in a “private letter ruling” (PLR) Please note: that I’m not talking about easy questions like… Can I deduct the cost of a party for my employees?Can I deduct the cost of a home office if it’s located in my garage? No! I’m … [Read more...]
Don’t miss out on the “Employee Retention Credit”
To get my complete, FREE articlewith all the details… Good news! The government wants to give money to small businesses just like yours! Why has Uncle Sam created this pretty much no-strings-attached giveaway via the Employee Retention Credit (ERC)? Because lawmakers know that small businesses help power the economy and they want to make sure that small businesses … [Read more...]
Harvest and store your tax losses on Bitcoin and more
To get my complete, FREE articlewith all the details… No one likes to lose money on their investments. However, there is a provision in the tax code that can take away some of the pain. I’m talking about the chance to take advantage of “tax-loss harvesting.” In this article, I’ll explain how tax-loss-harvesting rules affect the selling and repurchasing of … [Read more...]