“Boot” and Relief of Owner’s Liabilities
Generally the incorporation of a business is tax free to both the shareholders and the corporation…that is until “boot” is involved. We explain in this week’s Business Tip.
Tax Benefits for Members of the Military
We give a rundown of the most prominent tax benefits for members of the military in this week’s Tax Tip.
Case Study: The Win-Win Scenario of Restricted Stock Comes with Major Caveats
The “Money Talks” hosts examine the tax and planning issues related to receiving restricted stock as part of your compensation package.
Avoiding Personal Holding Company Tax
Corporations should monitor their earnings and the types of income to detect potential exposure to the PHC tax. Read more in this Business Tip.
Gift and Estate Tax Primer
The tax code places limits on the amounts that individuals can gift to others without paying taxes. We explain in this week’s Tax Tip.
Businesses May Qualify for Research and Development Tax Credits
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how businesses who are focusing on improving your processes to give them a competitive edge in the market place may benefit from the Research and Development Tax Credit. Read the article here Disclosures: The investments referenced within this article may currently be traded by Henssler Financial.…
Read This before Tossing Old Tax Records!
If you’re about to apply the KonMari method to your tax paperwork – READ THIS FIRST! While it may not spark joy, you need to keep some tax paperwork in case of an audit. We explain in this week’s Tax Tip.
Case Study: Research and Development Tax Credits
This week on “Money Talks,” your hosts are joined by special guest expert Rob Kling from Corporate Tax Advisors. With Rob, the experts discuss some of the specialized tax credits and deductions businesses can take, including research and development credits, cost segregation, and Section 179D.
Employees’ Fringe Benefits after Tax Reform
We review the most frequently encountered fringe benefits, including those that were and were not impacted by tax changes, in this week’s Business Tip.
Tax Reform Muted the AMT: Holders of Incentive Stock Options, Take Note
Although tax reform did not eliminate the AMT, it did mute that tax considerably by increasing the AMT exemptions and by substantially raising the exemption-phaseout threshold. We explain how this affects you in this week’s Tax Tip.