Understanding taxes on real estate gains
Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain ...
Continue Reading How much can you contribute to your retirement plan in 2025? The IRS just revealed the answer
The IRS has issued its 2025 inflation-adjusted contribution amounts for retirement plans in Notice 2024-80. Many retirement-plan-related limits will increase for 2025 — but less than ...
Continue Reading Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision
Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partnerships for tax purposes. A major reason is ...
Continue Reading 5 building blocks of a strong organizational culture
The first thing every employer should know about organizational culture is it’s inevitable. If you create a working environment, a culture will develop within that ...
Continue Reading How the U.S. election changes the outlook for taxes
The outcome of the November 5 election is likely to significantly impact taxes. Many provisions in President-elect Donald Trump’s signature tax legislation from his first time ...
Continue Reading How can you build a golden nest egg if you’re self-employed?
If you own a small business with no employees (other than your spouse) and want to set up a retirement plan, consider a solo 401(k) ...
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