Don’t Get Trapped by Fraudulent Tax Schemes Since 2022, bad actors posing as “tax experts” have used social media to push fraudulent ways of claiming credits. Their posts encourage...
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Bonus Depreciation Under the OBBBA Depreciation is the tax process of spreading the cost of an asset over the years it is expected to be useful. Bonus depreciation is...
OBBBA and Pass-Through Entities Signed into law on July 4, the One Big Beautiful Bill Act significantly impacts how pass-through entities are taxed at the federal level. S corporations,...
Social Security Fairness Act and Your Benefits The Social Security Fairness Act, signed into law by President Joe Biden on Jan. 5, 2025, repeals two long-standing provisions: the Government...
Asset Depletion Loan: The Secret Key An asset depletion loan allows you to qualify for a mortgage without relying on income from a job. Instead, lenders rely on your...
Keeping Track of Retirement Plans After You Leave the Company Take the case of the individual who worked in the book publishing industry his entire career. At one point...