1031 Exchanges: What Qualifies
Discover how 1031 exchanges can be a game-changer for real estate investors, offering a strategy to defer capital gains taxes while reinvesting in like-kind properties. This guide dives into the mechanics, eligibility, and potential pitfalls of executing a successful 1031 exchange.
CTA update: Major Change To BOI Reporting Requirements
U.S.-formed businesses are now exempt from beneficial ownership reporting under a new FinCEN rule. This change significantly reduces the compliance burden for many companies. Read the full article to see what’s changed, who still needs to report, and what steps (if any) you need to take.
IRS Interest Rates Stay Steady for Second Quarter of 2025
The IRS has announced that interest rates on tax overpayments and underpayments will remain unchanged for the second quarter of 2025. Individuals and businesses should take note of these rates, as they impact potential interest owed or earned on tax balances.
Asset sale vs. stock sale: what Business Owners Need To Know
Deciding to sell your business? Navigate the complexities of asset sales versus stock sales with our comprehensive guide. Discover how each structure impacts taxes, liabilities, and proceeds to make informed decisions that optimize your deal and safeguard your hard-earned success.
2025 Standard Business Mileage Rate Increase
Important news for businesses that rely on travel: the standard business mileage rate for 2025 has increased. Discover how this change affects your business’s bottom line in our recent article.
2025 Federal Payroll Tax Changes
Stay updated with our review of the 2025 federal payroll tax changes.
Avoid Underpayment Penalties: Due January 15th
Learn how to keep abreast of your tax payments and avoid rising underpayment penalties that can quickly snowball. Discover strategies that can help you dodge unnecessary costs.
BOI Reporting Requirements Reinstated
The Corporate Transparency Act, designed to prevent financial crimes, is back in effect after the lifting of an injunction. This article outlines recent developments and provides updated deadlines for Beneficial Ownership Reporting to help businesses stay compliant.
Safeguard your personal information while shopping online
Don’t let cybercriminals ruin your holiday season. Here’s some advice on safeguarding your personal information during the busiest online shopping period of the year.
End-Of-Year Tax Strategies For Individuals
As the year-end approaches, it’s time to for strategic tax planning. From assessing your current tax situation and understanding deductions to maximizing retirement contributions and managing investment gains, this guide offers valuable insights to help minimize your tax burden.
