Projecting your business income for both the current and upcoming year can help you strategically time income and deductible expenses. In general, deferring income and accelerating deductions is beneficial—unless you anticipate being in a higher […]
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Health care costs continue to rise, prompting many to explore more cost-effective insurance options. One increasingly popular approach is combining a high-deductible health plan (HDHP) with a Health Savings Account (HSA). This pairing can lower […]
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As 2025 winds down, now is the ideal time to assess your business expenses for potential tax deductions. Accelerating deductible costs into this year can reduce your 2025 tax liability—and in some cases, lead to […]
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If you typically pay more than $10,000 in state and local taxes (SALT), the One Big Beautiful Bill Act (OBBBA) could significantly reduce your 2025 federal tax bill. But to take full advantage, you’ll need […]
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Introduction When it comes to commercial real estate, depreciation typically spans 39 years. However, certain interior improvements—known as Qualified Improvement Property (QIP)—can be depreciated faster or even fully deducted in the first year. While this […]
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Supporting charitable causes is often driven by passion, not tax strategy. But if you’re looking to make a meaningful impact while optimizing your tax return, donating long-term appreciated stock instead of cash can offer significant […]
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