How business owners can bypass Section 469 passive loss limitation by using the commercial property self-rental loophole

Tax code legislation has changed since “long time ago in a galaxy far, far away…” when there was no tax code that differentiated ordinary income from passive income or ordinary losses from [...]

Tax brackets, 401(k) contribution limits, and estate and gift tax thresholds are expected to get the biggest inflation adjustments in decades. Recently Ashlea Ebeling a WSJ contributor recently [...]

Trying to run a business without managing cash flow is like trying to paddle a boat without an oar. Even if you succeed, it will be an upstream exercise guaranteed to wear you out. Not to [...]

For many startup founders, that are looking to raise startup investment capital most turn to seed (angel) or VC investors as the go-to resource.  What gets talked about less often is how [...]

Over the past 20 years, I’ve worked as a CPA and outsourced CFO to startups and small businesses helping owners understand their financial statements and make strategic decisions that drive their [...]

There has been a pretty robust discussion about the $80 billion of increased funding for the IRS in the Inflation Reduction Act, which President Biden recently signed into law.     Background [...]

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 [...]