Valuable gifts to charity may require an appraisal
May 13, 2022
There are certain requirements if you donate valuable assets to charity. The penalty for failing to follow the rules is generally denial of the charitable deduction. Here are the requirements for obtaining an appraisal.
Thinking about converting your home into a rental property?
April 29, 2022
It’s home selling (and buying) season. What are the tax consequences if you buy another home but decide to keep your current home and rent it out?
Tax issues to assess when converting from a C corporation to an S corporation
April 27, 2022
If your business operates as a C corporation, you may save tax by becoming an S corporation. Here’s a rundown of four issues to consider when converting from C corporation to S corporation status.
Selling mutual fund shares: What are the tax implications?
April 15, 2022
Selling mutual fund shares involves many complex factors. Here are the basic rules.
Fully deduct business meals this year
April 13, 2022
Wining and dining customers and employees can result in tax deductions and for 2022, the write-offs are bigger than usual.
The tax rules of renting out a vacation property
March 25, 2022
A vacation home is more than just a place to relax. It also may provide tax breaks. Here are the rules if you rent it out for part of the year.
