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What might be ahead as many tax provisions are scheduled to expire?

What might be ahead as many tax provisions are scheduled to expire?

June 26, 2024

What’s on the tax horizon as many Tax Cuts and Jobs Act provisions get closer to their scheduled expiration date? Here are four possible scenarios.

Hiring your child to work at your business this summer

Hiring your child to work at your business this summer

June 17, 2024

Hiring your child at your business this summer? It can be a tax-smart idea. Here are the benefits.

House rich but cash poor? Consider a reverse mortgage strategy

House rich but cash poor? Consider a reverse mortgage strategy

June 4, 2024

If you’re 62 or older and own a highly appreciated house, a reverse mortgage may provide a way to stay in the home for your lifetime, get some income and receive a tax-saving bonus.

You may be entitled to tax breaks if caring for an elderly relative

You may be entitled to tax breaks if caring for an elderly relative

May 29, 2024

If you’re caring for an elderly relative, you may be entitled to some tax breaks. Here are four of them.

A three-step strategy to save tax when selling appreciated vacant land

A three-step strategy to save tax when selling appreciated vacant land

May 22, 2024

If you’re fortunate enough to own vacant land that has appreciated greatly, you may want to sell it. But how much will you pay in tax and is there any way to reduce the tax bill? Here’s a strategy to consider.

Coordinating Sec. 179 tax deductions with bonus depreciation

Coordinating Sec. 179 tax deductions with bonus depreciation

May 17, 2024

There’s more than one way for businesses to claim depreciation tax deductions. By combining them, you can get optimal tax-saving results.

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