

The HEALS Act (AKA Stimulus Check 2): What We Know Today
Congress went back into session this week, and one of the items at the top of the agenda was additional coronavirus-related funding....


Net Investment Income Tax -- Part Three: How to Avoid, Limit, and Minimize the NIIT
Net Investment Income Tax -- Part Three: How to Avoid, Limit, and Minimize the NIIT. Lets discuss some taxpayers and estate planning...


Net Investment Income Tax -- Part Two: What doesn’t count as Investment Income and How do I Know if
It is also important to understand which types of income are not considered or included in Net Investment Income. Below is a...


Net Investment Income Tax -- Part One: What is it?
The Net Investment Income Tax (NIIT) effects most taxpayers; however, it has a more substantial impact on business owners and investors. ...


You Can’t Be Serious… Can I REALLY Deduct That?
With tax day looming (tomorrow, Wednesday July 15), we thought it would be interesting to take a look at some of the strangest deductions...


I Owe The IRS More Than I Can Pay Right Now, Help!
If you are one of those people concerned about how you’re going to pay Uncle Sam next week, you have options. If you cannot come up with...


IRS Requests Return of Improperly Issued Stimulus Payments
In late May, the IRS announced that they had sent out approximately 152 million economic relief payments for a total of $258 billion....


IRS Decides to Make Interest Payments on Delayed Tax Refunds
You read that correctly, no it isn’t a typo. Last week, the IRS announced that if you’re still waiting on your federal tax refund, the...


Alimony Payments Post-TCJA: Are My Alimony Payments Deductible?
Unfortunately, divorce seems to be a more common theme in the United States as time goes on. 44% of all households contain at least one...


Life Insurance for Small Business Owners: Supplementing Your Succession Plan
Small business owners, ask yourself this question. What happens to my business if I die? If you’re unsure of your answer, then the first...
































