Mastering Tax Planning: A Comprehensive Guide
Understanding taxes might seem like a daunting task given the complex nature of tax laws and their evolving changes. However, […]
Tax Planning
Innovative Companies are Hitting the Panic Button as 174 Amortization Takes Effect
Despite strong bi-partisan support for the delay or eradication of the amortization of 174 expenditures, Congress failed to act prior to the end of the year, and the changes took effect as scheduled. As it stands now, taxpayers will no longer be able to immediately deduct R&E expenditures and will be required to amortize and capitalize them over a five-year period.
5 Last-Minute Tax Tips for 2021
The 2021 tax filing season is upon us and officially opens up for business on January 24th, 2022, which means […]
Biden Tax Plan Details and What They Could Mean for Your Finances
Biden’s nearly $2 trillion social-spending and tax bill eponymously titled the “Build Back Better Bill”, passed the House in November […]
What’s Inside the Latest Relief Package?
After months of gridlocked negotiations in Congress and last-minute turmoil, the latest $900 billion pandemic aid and government funding bill was […]
5 Ways to Save Money on Taxes if You’re Self-Employed
As a self-employed individual, taxes tend to be a constant focal point throughout the year as far as your finances […]
Biden Tax Plan: Everything You Need to Know
Former Vice President Joe Biden secured the presidency in one of the most harrowing, divisive, and unprecedented elections in history. […]
4 Ways to Create Tax-Free Retirement Income
In building strong investment portfolios, a critical component is “diversification.” By diversifying, you spread your investments across different asset classes in order […]
