Let’s say you own the building. Now, let’s say that you rent this building to your business.

Do you have a beach or mountain home that you rent out?

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.

These days, some IRA owners and investors may be worried about being overexposed to equities. That could be you.

Here’s what you need to know about IRAs for kids

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.

Identifies some tax breaks that can ease the pain of high premium costs.

The strategy behind selling your home to your S corporation..

Do you own or lease non-residential real property for your business or rent non-residential real property to others?

Are you living every small business owner’s worst nightmare: an IRS audit?