Thoughts

For business owners of pass-through entities (S Corporations and Partnerships) in certain states, you are now allowed to deduct state and local income taxes at the business level, and those income tax payments will no longer be limited by the $10,000 SALT Limitation....

Due to the recent passing, unexpectedly, of a friend's husband, here is an estate planning quiz. This is NOT estate TAX planning ($20MM exemptions, paying taxes, etc.) - it is purely just the "what happens when you die" stuff. (Wills, trusts, etc.)This is super...

Rental properties provide opportunities for owners to buy real estate and generate cash flow, making them attractive investments. The attractionespecially if combined with low-interest rates, a hot real estate market, and finding a good dealcauses some people to rush...

There is one other major difference for taxes coming up that I didnt mention: The increased itemized deduction limit. To explain this though, Ill give you some background. When people (normal people, not you crazy freelancers) talk about tax deductions they are...

Lots of people are very confused about equity compensation. It can be a convoluted and tricky process. I've edited this summary below, which can run you through the options. Big shout out to Terry Mosteller for creating the original document! All options require a...