NEWS & UPDATES

Much (I believe) to the chagrin of H&R Block and Intuit, IRS is piloting a direct-file program in 2024 for relatively simple taxpayers...

The Internal Revenue Service (IRS) has announced several changes and adjustments related to retirement contributions and limits for the...

We are now in the final two months of the year. Since most of the year is over, now is a great time to schedule a tax planning session,...

I often get asked. How long should I keep my tax records? According to the IRS, generally they can look back at returns within the past...

Let's face it, owning investment property is a fantastic way to build wealth. But what if you could tap into even more hidden value while...

As the third quarter of 2023 is coming to a close, there are a few days to be aware of. September 15 - Estimated Tax Payments due (for...

A very common question I get asked is - how long should a business keep their receipts/records and what constitutes good support? A good...

A 1031 Exchange is an exchange of property you can do when trading one investment property for another, and allows you to defer any gain...

Have you ever visited another country? If so, you may realize that cultures vary across the world. When it comes to Europe, one major...

If you're self-employed and wanting to invest in a retirement account - a solo 401k is an option you might want to consider. Here are the...

Every couple weeks I come across a content creator who lists the best states to organize their business in, with one of the pros of...

For years, the image of an IRS agent knocking on your door unannounced has struck fear into the hearts of American taxpayers. In a huge...

There is a lot of confusion about how the gift tax works. Essentially, if you gift money to another individual, you can give up to $17k...

That’s the half What are you doing to improve for the remainder of the year? As a business owner, you may be looking at ways to improve...

Oh really….another newsletter? How interesting can accounting and tax updates really be? Yes friends, that is right. We have another...