IRS Wants To Change Distribution Rules for Non-Spouse Inherited IRAs: What are the Tax Impacts?

Figuring out the most efficient way to navigate the tax impact of inheriting individual retirement accounts has become more complicated since the Internal Revenue Service issued proposed new [...]

Thanks to Joe Manchin, the Senate just approved a massive spending bill named the Inflation Reduction Act of 2022 in a party-line vote after a marathon weekend session. The amended bill was [...]

For the past 30 years, LLCs ( limited liability companies) have been quite popular and the preferred business entity selection type for investing in and holding real estate. The real estate [...]

EBITDA, or earnings before interest, taxes, depreciation, and amortization, is a measure of a company’s overall financial performance and is used as an alternative to net income in some [...]

If you are self-employed, you are probably already aware of the home office deduction but you may not be aware of the Section 280a Deduction. The standard home office deduction allows you to [...]

The WSJ just reported that U.S. consumer inflation reached 9.1% year-over-year in June, the highest such rate since December 1981, after an unprecedented surge in gas prices according to data [...]

The NYT’s reported Jerome H. Powell, the chair of the Federal Reserve, said that the central bank might be able to lower rapid inflation without tipping America into a painful downturn, though he [...]

Democratic California Gov. Gavin Newsom and legislative leaders have agreed to provide as much as $1,050 to millions of California families to help with inflation and rising gas prices. CBS News [...]

So as a startup founder, you might have started the year 2022,  thinking you had everything figured out: you had a manageable cash burn rate, you had a clear amount of runway, and you had a [...]

Business owners and investors are paying more, but CBO officials can’t fully explain why tax revenues are hitting high as a share of the economy. The Wall Street Journal recently reported that an [...]