February 10, 2026 Serious real estate investors rely on the Section 1031 exchange because it allows them to grow wealth faster while legally deferring federal income taxes. When you sell rental property without using a 1031 exchange, capital gains tax and depreciation recapture immediately reduce the cash you can reinvest. A properly structured exchange keeps …
February 4, 2026 OBBBA Revives Your Ability to Kill Capital Gains with QOFs Since 2018, taxpayers have enjoyed significant tax benefits by investing capital gains in Qualified Opportunity Funds (QOFs). QOFs channel money into Qualified Opportunity Zones (QOZs)—government-designated low-income census tracts. Investors have embraced the program, pouring in more than $160 billion. The program was …
OBBBA Revives Your Ability to Kill Capital Gains with QOFs Read More »
January 27, 2026 Many taxpayers panic when they hear the term “depreciation recapture” and decide to skip depreciation on a home office to avoid future tax. That strategy usually backfires. The tax law creates unexpected consequences when you claim zero depreciation, and those consequences often cost more than the recapture tax you tried to avoid. …
Should You Skip Home-Office Depreciation to Dodge Recapture? Read More »
January 20, 2026 IRS Moves Toward All-Electronic Refunds: What You Need to Know Your tax refund will no longer arrive by paper check. The IRS recently announced that it will stop issuing refund checks, with limited exceptions, and will require taxpayers to receive refunds electronically. Why the Change? Paper checks cost more, create security risks, …
IRS Moves Toward All-Electronic Refunds: What You Need to Know Read More »
December 30, 2025 We want to alert you to a tax credit that is set to expire soon. You can claim a federal income tax credit for installing electric vehicle chargers or other alternative-fuel refueling equipment, but the credit disappears for anything you place in service after June 30, 2026. You still have time to …
Only Seven Months Left to Secure Your EV Charger Credit Read More »
December 18, 2025 Here’s an important tax planning strategy that can save you thousands in penalties if you’ve missed estimated tax payments for 2025. The Penalty Problem When you don’t make your 2025 estimated tax payments on time, the IRS charges a non-deductible 7 percent penalty that compounds daily. Because penalties are not deductible, they …
Learn How to Beat 2025 Estimated Tax Penalties Instantly, Today Read More »
December 9, 2025 One of the key business provisions in the Big Beautiful Bill expands the Net Operating Loss (NOL) rules through 2028. Here’s what changed: This provides significant planning flexibility — especially for clients with fluctuating income, large investments, or cyclical industries. We’ll review your prior and current-year returns to determine whether you can …
NOLs Can Now Offset 100% of Taxable Income (Through 2028) Read More »
December 2, 2025 As we approach the end of 2025, there’s still time to take action and make a real difference in your tax outcome for the year. With thoughtful planning and a few strategic steps, you can reduce your tax bill, strengthen your retirement savings, and position your finances for a better 2026. Below …
November 18, 2025 The Big Beautiful Bill expanded the Adoption Credit starting in 2025.Here’s what’s new: This change makes adoption-related tax relief more accessible and valuable for many families.If adoption is part of your family’s plans, we’ll incorporate this into your tax strategy to ensure you maximize the benefit. If you have any questions, please …
November 13, 2025 A significant business provision in the Big Beautiful Bill restores immediate expensing for domestic research and development (R&D) costs through 2028. Here’s what that means for you: If your business engages in innovation or process improvement — even if it’s not traditional “lab research” — these costs may qualify. We’ll review your …
