Are Self-Directed IRAs for Real Estate a Good Idea? Maybe Not (Part 2)
Here we explain three more potential problem areas putting real estate in a self-directed IRA
Are Self-Directed IRAs for Real Estate a Good Idea? Maybe Not (Part 1)
Is this the time to invest in real estate through your IRA, Roth IRA, or SEP-IRA?
Increase Your Tax Deductions Using the Business-Mileage Rule
How to properly record commuting mileage.
Change Independent Contractors into Employees Trouble-Free
You have read horror stories about how the IRS audits business owners and deems their 1099 independent contractors W-2 employees
The IRS Wants to Know about Your Crypto
The IRS really wants to know about your bitcoins and other crypto.
Tax-Deductible Cruise Ship Travel to Mexico
We are thinking of having our stockholders’ meeting in Mexico and taking a cruise ship. Will this trip be deductible?
Starbucks Gift Cards for Business Promotion
I buy dozens of $5 gift cards and send them out monthly. Can I write off the $5 cards?
Donor-Advised Funds: A Tax Planning Tool for Church and Charity Donations
Do you give money to your church or other charities? Do you get a tax benefit from those donations?
Is Now the Time to Transfer Your Home to Your Adult Child?
Scenario: Your adult child wants to buy a home in today’s market, and you’re ready to check out of your current home.