Ways to Make More of Your Property Tax Deduction
Tax reform put the screws to your state and local income tax deductions. Many states disliked that and have been [...]
Hiring Your Children To Run Rental Properties
Have you considered hiring your children to work on your rental properties? If so, were you concerned when you did [...]
Benefits of Partnering With Your Spouse Under New Tax Reform
Tax reform changed the rules of the game when choosing your best tax structure. In looking over the possibilities, we [...]
Business Income Deduction under Section 199A
As you likely know by now, the Tax Cuts and Jobs Act created a 20 percent tax deduction under new [...]
Deducting Costs for Your Employee’s Bicycle Transportation Costs
Tax reform created taxes on employee fringe benefits for bicycles. You could (and can) deduct your costs for reimbursing employees [...]
No Misc. Itemized Deductions Under the New Tax Law
The recent tax reform added new tax code Section 67(g), which states, “No miscellaneous itemized deduction shall be allowed for [...]
New Section 179 Tax Deductions for 2018
The new and improved Section 179 deduction gives you more ways to take advantage of immediate tax deductions. It’s somewhat [...]
Removing & Reducing Your Tax Penalties
As a small-business owner, you have good odds of someday facing a penalty for late filing and/or late payment of [...]
Ways to Deduct Legal Fees Under the New Tax Law
The Tax Cuts and Jobs Act (TCJA), known as tax reform, made it more difficult for you to deduct your [...]
Changes in Alimony Under the New Tax Law
Tax reform changes the alimony game. This may or may not have any relevance to you, but if it does, [...]