The Ins and Outs of Eased Loss Limitation Rules
To provide businesses and their owners some relief from the financial effects of COVID-19, the Coronavirus Aid, Relief, and Economic Security (CARES) Act eases the rules for claiming certain tax [...]
15-Year or 100% Bonus: Which Depreciation is Best for Your QIP?
Earlier this year, the Coronavirus Aid, Relief, and Economic Security (CARES) Act corrected a drafting error regarding real estate qualified improvement property (QIP). This correction retroactively allows real property owners [...]
Telecommuting, Taxes and Your Bottom Line
Are you telecommuting due to the pandemic? Hoping to deduct some of your new expenses? You may owe more 2020 taxes than you realize. Between changes in how deductions work [...]
5 Tips for Safe Intrafamily Loans
If a relative needs financial help, offering an intrafamily loan might seem like a good idea. But if not properly executed, such loans can carry negative tax consequences — such [...]
Is a Roth IRA Conversion Right for You This Year?
The COVID-19 pandemic has caused havoc in global markets and the U.S. economy. In these uncertain times, it’s important to stay on top of your financial status—including taking measures to [...]
Real Choices: Election Results and the Year-End Real Estate Outlook
While Election Day has come and gone and Joe Biden appears poised to assume the presidency, legal action is still pending. But regardless of how these cases [...]