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Rental or business? Navigating the tax treatment of short-term rentals
Understand how the IRS taxes short-term rentals, from the 14-day rule to deductible expenses and 1099-K reporting. A must-read guide for short-term rental hosts[...]
How to use installment sales to spread real estate capital gains over time
Selling appreciated real estate? Learn how installment sales can help you spread capital gains over time, reduce your tax burden, and align payments with retirement or income planning goals. This guide explains how the strategy works, when it applies, and what tax rules to watch for, including depreciation recapture and[...]
Using Bonus Money Intentionally
Even small amounts of unexpected income can make a noticeable difference when used strategically. Prioritize financial responsibilities and preparing for the future before you start spending your bonus[...]
Social Security Cost-of-Living Adjustment for 2026
The Social Security Administration (SSA) recently announced an increase in benefits that will go into effect in January 2026[...]
Hiring your child: tax perks and potential pitfalls for families in business
Hiring your child in your business can offer powerful tax advantages while teaching financial responsibility and supporting long-term wealth planning. Learn how to structure it properly, avoid IRS pitfalls, and make the most of this overlooked family strategy[...]
From holiday rush to year-round growth: turn seasonal shoppers into loyal customers
The holiday season offers more than a revenue spike for business owners; it’s a unique window to build lasting customer relationships. Let’s explore how to align your messaging with the shopper mindset, position your offers, leverage multi-channel reach, and convert one-time buyers into loyal customers while keeping your operations strong[...]
2025 year-end tax moves for individuals & families
From expanded deductions and new above-the-line benefits to shifting phaseouts and sunsetting exemptions, 2025 offers unique opportunities for individuals to lower their tax liability before year-end. This guide highlights smart, timely moves to help you make the most of current law before key changes take effect in 2026[...]
2025 Year-end tax moves for businesses
Explore essential 2025 year-end tax strategies for businesses, updated for the One Big Beautiful Bill Act (OBBBA). From QBI planning to bonus depreciation, entity structure, and reporting changes, this guide helps you make informed, compliant, and tax-smart decisions before year-end[...]
How stepping away helps business owners find gratitude and balance
The holidays can bring conflicting feelings for business owners. Between wanting to slow down and feeling responsible for keeping things running smoothly, finding the perfect balance is challenging for some[...]
Practical moves for year-end tax savings
November has arrived and with it brings business owners a final opportunity to reduce taxable income for the current year. Get practical, compliance-friendly options available to you before year-end[...]
Beyond basis: understanding at-risk limits on loss deductions
Learn how basis and at-risk amounts work together to determine loss deductibility in partnerships and S corporations, and why tracking both is essential for compliance and tax planning[...]
ROI or money pit? Prioritizing home renovations with ROI and tax in mind
Every homeowner faces an endless list of potential projects, but not all renovations are created equal when it comes to your financial bottom line. Strategic home improvements can impact not only your future sale price, but also your utility bills, insurance costs, tax obligations, and overall financial position. Learn how[...]
Corporate Grants and State Programs for Small Business Capital
Federal funding programs, such as SBA loans, may pause or face delays during a government shutdown. Unbeknown to some, there are several private companies who are championing small businesses with funding for operating capital. In addition to these corporate offerings, state funding options and grant portals remain available regardless of[...]
Halloween Candy Trivia Quiz
Think you know your Halloween candy? Take our fun quiz to test just how sweet your skill is for tricky trivia about treats[...]
A financial guide for heirs navigating inherited assets
Inheriting assets involves complex tax rules and time-sensitive decisions that can impact your financial outcome. This guide covers what heirs need to know about real estate, retirement accounts, and other inherited assets[...]
Inflation-adjusted tax provisions: 2026 updates
Discover the latest inflation-adjusted tax changes for the 2026 tax year, driven by the One Big Beautiful Bill Act (OBBBA). From standard deduction hikes and modified marginal tax rate thresholds to expanded credits for adoption and employer-provided childcare, these updates can significantly influence your financial planning. Delve into how these[...]