Tax deductions are valuable tools that reduce the amount of your income that’s subject to taxation. They can save you money—but sometimes, you might not be able to fully utilize all your deductions within a single tax year. This article will explain what happens to those unused deductions and provide strategies to help you make
Running a high-growth company is certainly exciting, but it’s not without challenges. As your business expands, navigating taxation becomes increasingly complex. Smart tax planning is essential for growing companies—especially for those wanting to maintain a healthy cashflow. This article isn’t meant to be an exhaustive guide, but it will give you a good starting point
With evolving tax codes and complex planning vehicles, the high-stakes game of tax strategy can seem daunting for even the savviest investors. However, the rewards for skillful navigation are well worth the effort. Advanced tax planning presents high-net-worth individuals and families with lucrative opportunities to actively minimize tax exposure, unlock savings and optimize wealth transfer.
TAX TIPS AND STRATEGIES: PART 1 “While working through those April 15th tax returns, remember you are your client’s quarterback to a successful investment. Ensure you are utilizing your engineering-based cost segregation study to capture the added benefits of asset dispositions, repairs, maintenance, and energy incentives.” It’s no secret CPAs work long, grueling hours during
Tax season is upon us and the outcome for the tax extenders that expired Dec. 31st, 2014 remain unknown. So far, Congress has passed minimal tax legislation on the extenders package. Furthermore, the “courtesy disconnect” offered by the IRS has added to the difficulty of finding much guidance. As a way to help you begin
“Construction tax planning is the best way to ensure that you get the most benefit BEFORE construction begins. “ Construction tax planning uses a proactive approach to identifying additional tax benefits related to new and planned construction projects, including those associated with cost segregation. Accelerated deductions are identified by analyzing costs and documenting their design