Just about every business has its share of slow-paying customers and plain old bad apples who won't settle up without making a fuss. As a result, many companies always seem to be...
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Surviving an Earnout Provision in a Business Sale
If you're selling a business, the buyer may want to pay part of the price through an earnout provision. This is a contractual arrangement in which the seller receives additional...
New Study on Tax Burdens: How Does Your State Measure Up?
Where you live can have a major impact on your tax bill. If you're retiring or able to work remotely, you might be thinking about relocating, and taxes can be a major factor in...
9 Individual Tax Credits You Can’t Afford to Overlook
Tax credits are the most valuable tax breaks available. Each dollar of credit equals a dollar of tax savings. By comparison, if you're in the 32% federal income tax bracket, each...
Act Soon: EV and Homeowner Tax Credits Ending After 2025 Under Proposed Law
The U.S. House of Representatives recently passed a sweeping tax and spending measure, dubbed "The One, Big, Beautiful Bill." It includes significant tax implications for...
What Are the Tax Implications of Gold and Other Precious Metal Investments?
To hedge against stock market volatility and inflation, some IRA owners and investors put money into precious metal assets, such as gold, silver and platinum. Although precious...
How Are Income Distributions from Trusts and Estates Taxed?
As separate legal entities, estates and nongrantor trusts must file their own federal tax returns, just like individual taxpayers. Unlike individuals, however, these entities may...
5 Tips to Help Tackle Trump’s Tariffs
On April 2, 2025, President Trump rolled out his promised new tariff policy. A long-time fan of tariffs, Trump surprised many with a baseline tariff on all U.S. imports and...
Cash vs. Accrual: Choose the Right Accounting Method for Business Tax Purposes
Many businesses have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for those that...
Finding Profitable Real Estate Investments
For most real estate investors, the goal is to choose profitable properties that will maintain and grow in value. But factors out of your control, including the COVID-19...
