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Six tax issues to consider if you’re getting divorced

Six tax issues to consider if you’re getting divorced

by angieduran | Jul 16, 2024 | Uncategorized

Divorce entails difficult personal issues, and taxes are probably the farthest thing from your mind. However, several tax concerns may need to be addressed to ensure that taxes are kept to a minimum and that important tax-related decisions are properly made. Here are...
How construction business owners can make succession planning easier

How construction business owners can make succession planning easier

by angieduran | Jul 15, 2024 | Uncategorized

Creating a comprehensive and actionable succession plan is rarely easy for business owners. It’s certainly a challenge for most contractors, who may find it difficult to step away from the day-to-day hustle and bustle of building to envision life without a hardhat. If...

Certain charitable donations allow you to avoid taxable IRA withdrawals

by angieduran | Jul 11, 2024 | Uncategorized

If you’re a philanthropic individual who is also obligated to take required minimum distributions (RMDs) from a traditional IRA, you may want to consider a tax-saving strategy. It involves making a qualified charitable distribution (QCD). How it works To reap the...
Profit fade is a persistent threat to construction companies

Profit fade is a persistent threat to construction companies

by angieduran | Jul 10, 2024 | Uncategorized

“Don’t settle for second best!” Just about everyone has encountered this phrase in various commercials and ad campaigns over the years, and it’s a good ideal to aspire to. Unfortunately, many construction businesses end up settling for second best — or worse — when it...
What might be ahead as many tax provisions are scheduled to expire?

What might be ahead as many tax provisions are scheduled to expire?

by angieduran | Jul 9, 2024 | Uncategorized

Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections. Our current situation The Tax Cuts and Jobs Act (TCJA), which generally took effect in 2018, made sweeping changes. Many of its provisions are set...
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Recent Posts

  • The “wash sale” rule: Don’t let losses circle the drain
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  • Understanding the “step-up in basis” when inheriting assets
  • What tax documents can you safely shred? And which ones should you keep?
  • Turning stock downturns into tax advantages

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