As another year winds down, high net worth individuals should… Read more »
Wealth Planning Considerations for High Net Worth Individuals
Category: Tax
The Inflation Reduction Act of 2022
Key Points The newly passed Inflation Reduction Act of 2022… Read more »
Expanding the Net Investment Income Tax
Despite borrowing massive amounts of money, the government still needs… Read more »
What Are NFTs and How Can Businesses Benefit?
Non-fungible tokens (NFTs) are rising in demand, and some brands… Read more »
Livestock – Depreciate? Inventory? Sell?
Livestock held primarily for sale by for-profit farmers must be included in inventory. However, livestock held for draft, breeding, or dairy purposes can either be included in inventory or depreciated. Learn more.
Stock Splits, Explained
Imagine selling slices of a large pizza. You can cut… Read more »
IRS Extends Deadline for Relief to Five Years Following Decedent’s Death
Announcement Results in Substantial Estate Tax Relief for Surviving Spouses… Read more »
Bonus Depreciation Changes Coming in 2023
TCJA allows 100 percent expensing of short-lived capital investments for 5 years, then a 20-percent phase-down schedule over the subsequent five. Learn more.
Net Investment Income Tax – Still A Hidden Burden for Taxpayers Even After TCJA
The Patient Protection and Affordable Care Act, as amended by… Read more »
CASE STUDY: Cost Segregation for Healthcare
This success story reviews an eye care facility located in… Read more »