(#269) A SEP May Give You One Last 2017 Tax and Retirement Savings Opportunity
Are you a high-income small-business owner who doesn’t currently have a tax-advantaged retirement plan set up for yourself? A Simplified Employee Pension (SEP) […]
(#268) Only Certain Trusts Can Own S Corporation Stock
S corporations must comply with several strict requirements or risk losing their tax-advantaged status. Among other things, they can have no more than […]
(#266) TCJA Temporarily Lowers Medical Expense Deduction Threshold
With rising health care costs, claiming whatever tax breaks related to health care that you can is more important than ever. But there’s […]
(#265) State and Local Sales Tax Deduction Subject to a New Limit
Individual taxpayers who itemize their deductions can deduct either state and local income taxes or state and local sales taxes. The ability to […]
(#264) Bitcoin vs The Fed
As posted to the Naomi Brockwell You Tube Channel on 2/10/18
Naomi Brockwell sits […]
(#263) Claiming Bonus Depreciation on your 2017 Tax Return May be Particularly Beneficial
With bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The […]
(#262) Tax “Extender” Provisions in the Bipartisan Budget Act of 2018
As posted by Thomson Reuters on 2/12/18
On 2/9/18, Congress passed, and the President signed into law, H.R. 1892, the “Bipartisan Budget […]
(#261) Examining the New Deduction for “Qualified Business Income”
As posted by Thomson Reuters on 1/23/18
Enacted on 12/22/17, the Tax Cuts […]
(#260) Harry Dent Gives His Take on 2018
As posted to the Harry S. Dent, Jr. You Tube Channel on 1/26/18
Harry Dent takes a look back at […]
