Owning a vacation home is a dream for many but renting it out comes with complex tax rules that can impact your finances. Understanding the rules is key to maximizing your benefits and avoiding costly mistakes. Get the insights you need to navigate IRS regulations and make the most of your investment!
Social Security benefits are a lifeline for millions, but the taxation of these benefits can be complex. Understanding how your benefits are taxed and the strategies to minimize tax liabilities is crucial. Stay informed and plan wisely to make the most of your retirement income.
Struggling with accounting for your small business? You’re not alone. Many business owners make common mistakes that can lead to financial headaches down the road. From mixing personal and business finances to neglecting regular bookkeeping, these missteps can cost you time, money, and peace of mind.
Thanks to legislative changes in 2016, U.S. Olympians now get some relief from the taxation of their prize money, allowing them to keep more of what they earn through their incredible achievements.
With home prices skyrocketing, the current principal residence capital gains exclusion can be restrictive. Learn how to reduce your tax burden when selling your home in 2024
Research Analyst Nick Antonucci, CVA, CEPA, Managing Associate K.C. Smith, CFP®, CEPA, and Associate Josh Weidie, CFP®, CWS®, discuss an investor with a significant retirement balance in his company’s stock. They cover when the net unrealized appreciation strategy may be applicable.
Tax season should be about reclaiming your hard-earned money, not dealing with identity theft. Learn to recognize the red flags and take immediate action to secure your financial well-being.
Tax Tips for Small Business Owners! Maximize your deductions and minimize your tax liability with our comprehensive guide. Learn how effective tax planning can boost your bottom line and keep your business thriving.
The IRS defines a real estate professional with strict criteria, and understanding these qualifications can lead to significant tax benefits. Achieving this status requires diligence but can significantly impact your financial landscape. Learn more about how you can benefit!
Adoption is a beautiful journey, but it can also be financially demanding. To help, the U.S. government offers an adoption credit, designed to offset costs like adoption fees, court costs, attorney fees, and more.
