Many of you have probably seen advertisements on using life insurance as an additional investment opportunity, that promise amazing rates...

On June 15, 2022, the Federal Reserve hiked interest rates by three-quarters of a percentage in their most aggressive move since 1994 in...

Under an asset purchase, the buyer purchases all or a portion of a business’s assets and liabilities from the seller. These assets...

The IRS has released a list dubbed “Dirty Dozen” which includes potentially abusive arrangements that taxpayers should avoid. One such...

The 1045 Exchange is the process of exchanging one Qualified Small Business Stock (QSBS) for another QSBS that allows you to defer...

The Tax Cuts and Jobs Act (TCJA) signed into law in 2017 provided a major tax reform for the Section 199A deductions. Section 199A is a...

When starting a business, one must decide what form they want their business entity to establish. This form determines which income tax...

The alternative minimum tax (AMT) is a separate tax that is imposed in addition to your regular tax. AMT uses a different set of...

As you may likely know, or will now, the IRS has a severe case of understaffing that has caused them to struggle in processing tax...

A 1031 exchange or “Like-Kind” exchange, is where you sell an investment property or business and reinvest the proceeds from the sale in...