Today will share with you one of the best kept secrets of the IRS. It is called Cost Segregation. What is Cost Segregation? In simple terms, cost segregation is a strategic tax planning tool that allows companies and individuals who have constructed, purchased,...
The first step is to remove the word "friend" from your vocabulary when it comes to business meals. From now on, these people are sources of business. Here’s good news for business meals: the Tax Cuts and Jobs Act (TCJA) removed the “directly related and associated...
We are all familiar with the annual tax filing ritual; around January, most people collect their tax documents to file their tax returns by the deadline. However, some people sometimes or always need an extension. All of the information is gathered after the tax...