Avoid the Self-Rental Trap
Let’s say you own the building. Now, let’s say that you rent this building to your business.
Vacation Home Rental—What’s Best for You: Schedule C or E?
Do you have a beach or mountain home that you rent out?
Entertainment Facility: Perk for You, Your Net Worth, and Your Employees
Imagine this: your business buys a home at the beach, uses it solely as an entertainment facility for business, pays off the mortgage, and deducts all the expenses. 10 years later, without any tax consequences to you, you start using the beach home as your own.
Tax Implications of Investing in Precious Metal Assets
These days, some IRA owners and investors may be worried about being overexposed to equities. That could be you.
Three More Answers on “Paying for College—A Handy-Dandy Strategy”
The one-time payment your business makes to your college student for work on a project triggers little-known rules that have a big impact on the tax benefits.
Q&A on Medicare Health Insurance Premiums and Taxes
Identifies some tax breaks that can ease the pain of high premium costs.
Two Answers about Selling Your Home to Your S Corporation
The strategy behind selling your home to your S corporation..
Big Tax Break: Qualified Improvement Property
Do you own or lease non-residential real property for your business or rent non-residential real property to others?