Recent Articles
The SECURE 2.0 Act Brings New Flexibility to Section 529 Plans.
Learn How to Make the Most of Your 529 Plan Savings For parents looking to save for their children’s education, a 529 plan is a popular choice. These state-run vehicles provide broad investment options, high contribution caps, and generous tax...
Navigating Tax Liabilities for cannabis businesses: A Guide to Filing with Confidence
Understanding IRC Sec. 280E, COGS, and Cash-Based Business Implications As an entrepreneur in the cannabis business industry, you may not be aware of the Complications around your tax results. It’s not just Pharmacies that have to worry about taxes, but...
The Value of Tax Credits vs. Deductions: Why It Matters.
Understanding Which Option is More Beneficial for Your Taxes When it comes to claiming tax benefits, it’s important to understand the difference between a deduction and a credit. While both can lower your tax bill, a credit is generally more...
721 Exchange for Deferring Real Estate Capital Gains Taxes
Investors selling property can use various strategies to defer capital gains taxes on real estate investments. One of the less-known strategies is the 721 exchange, also known as the umbrella partnership real estate investment trust (UPREIT). Although the more popular...
Benefits of 401(k) Plans for Small Businesses
New Tax Credits and Provisions of the Secure Act Make it Easier to Offer Retirement Benefits Small businesses across the country are starting to offer 401(k) plans to their employees, thanks to new tax credits made available by the Setting...
Fuelling Compliance: How Energy and Fuel Companies are Prioritizing Tax Compliance with Technology
Top-tier energy and fuel businesses automate compliance with a single SaaS tax management solution to gain a competitive advantage. Energy and fuel businesses face numerous challenges when it comes to managing excise tax compliance. With complex tax laws that vary...