Avoiding Personal Holding Company Tax
Corporations should monitor their earnings and the types of income to detect potential exposure to the PHC tax. Read more in this Business Tip.
Gift and Estate Tax Primer
The tax code places limits on the amounts that individuals can gift to others without paying taxes. We explain in this week’s Tax Tip.
Businesses May Qualify for Research and Development Tax Credits
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how businesses who are focusing on improving your processes to give them a competitive edge in the market place may benefit from the Research and Development Tax Credit. Read the article here Disclosures: The investments referenced within this article may currently be traded by Henssler Financial.…
Read This before Tossing Old Tax Records!
If you’re about to apply the KonMari method to your tax paperwork – READ THIS FIRST! While it may not spark joy, you need to keep some tax paperwork in case of an audit. We explain in this week’s Tax Tip.
Research and Development Tax Credits
As business owners, constantly innovating is key to staying ahead. Did you know that your innovative efforts might qualify you for the Research and Development (R&D) Tax Credit? This incentive, introduced in 1981, supports businesses that invest in new or improved products, processes, and software.
Employees’ Fringe Benefits after Tax Reform
We review the most frequently encountered fringe benefits, including those that were and were not impacted by tax changes, in this week’s Business Tip.
Tax Reform Muted the AMT: Holders of Incentive Stock Options, Take Note
Although tax reform did not eliminate the AMT, it did mute that tax considerably by increasing the AMT exemptions and by substantially raising the exemption-phaseout threshold. We explain how this affects you in this week’s Tax Tip.
Tax Loss Harvesting – Grudge Match of the Century
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how 99% of the time, your financial consultants operate like a well-oiled machine. However, there is one practice where each of your advisers come with a different agenda: tax loss harvesting.
Tax Tips for IRA Owners
There are both opportunities and pitfalls for IRA owners, and while you definitely don’t want to get caught up in a pitfall, you may want to take advantage of the opportunities. We explain in this week’s Tax Tip.
Tax Loss Harvesting—Grudge Match of the Century
99.9% of the time, your financial consultants operate as a well-oiled machine. Your investment adviser dedicates his full-time attention to managing your portfolio, making the buy and sell decisions.