Tax Extension for Small Businesses and Individuals

We are living through an unprecedented time. As unbelievable as it was to watch America go to war for the first time in half a century, the fallout from the COVID-19 coronavirus is ...

Don’t Make These Tax Season Mistakes if You Have High Net Worth

Nobody wants to make a mistake on their taxes that could lead to a lower refund or cause them to owe money, but the potential risk can be heightened for those with high net worth. ...

Understanding the Tax Ramifications of Business Owner Compensation

Businesses that claim tax deductions for wages and salaries — as well as commissions, bonuses, and other compensation to employees — are well within IRS tax laws. However, it†...

One-Two Punches to Conservation Easements (Part 1 of 2)

Two recent tax court decisions highlight the need for compliance-oriented planning in taxation matters. These two cases illustrate that small details make all the difference — of ...

How Highly Compensated Individuals Can Avoid Excess IRS Scrutiny

If you are what the IRS considers a highly compensated employee (HCE) at your job, it’s important to understand what that means and how it can impact your finances, as well as ho ...