Qualified Small Business Stock: How Business Founders Can Save $2.38 Million in Taxes
Selling your small business can come with a nasty tax bill. But the Qualified Small Business Stock (QSBS) treatment is a nice tax break.
Selling your small business can come with a nasty tax bill. But the Qualified Small Business Stock (QSBS) treatment is a nice tax break.
I noticed in 2023 that the more money my kids earned, the less they paid in state income tax. I thought that was weird, so I investigated.
If you're making large contributions to your individual 401(k), you'll probably need to fill out Form 5500-EZ. It's easy to do on your own.
The majority of our investments sit in a taxable account, and I'm having a hard time figuring out why I have so many non-qualified dividends.
Answering reader questions about taxes, including discussions of quarterly estimated payments, IRA contributions and tax deductions, and paying taxes when you work in two states in one year.
When paying your taxes, there are some penalties you really do not want from the IRS. Let's go over the top five worst tax penalties.
People think there are tax secrets the IRS doesn't want you to know about. Let's uncover the mystery and see if that's really true.
Many owners of sole proprietorships, partnerships, S Corporations, and some trusts and estates may be eligible for a QBI deduction.
If you're a business owner working from a home office, there are plenty of tax deductions available to you. Here's a rundown of them.
Answering reader questions on how to know if you have a good CPA, what constitutes a super saver, Backdoor Roth conversions, and the challenges for someone who is financially supporting their immigrant parents.
An interview with tax advisor Alexis Gallati where we talk about the tax implications of land conservation easements, employing your spouse or children, setting your salary in an S Corp, and much more.
Let's take a look at five strategies for minimizing the taxes that you pay on capital gains and dividends.
If you're a medical resident, here are some ways to save money on taxes. That bit of extra money you might save could become rather valuable.
It is important to understand how you're taxed on qualified dividends and long-term capital gains and what it means for your annual return.
Answering reader questions about what to do when a real estate investment goes bad, how to use asset protection for your property or properties, and how to get a home office tax deduction.