The year 2024 is coming to an end, and it is time to check your personal and business vehicles, such as cars…
Author Archives: Berger
Know the three ways the tax law treats personal property rentals.
Vehicles, furniture, equipment and anything you use in your business that is not real property fixture…
List of popular vehicles with GVWRs greater than 6,000 pounds
Some of the fastest vehicle deductions are for SUVs, pickup trucks, and crossover vehicles with…
New Road Map for disputing an IRS disallowance of your ERC
In its September 19, 2024, publication, the IRS said you will have two years to appeal an IRS disallowance…
Unlock aircraft tax deductions: Overcome passive loss limits.
The tax code passive-loss rules pose a big hurdle to deducting losses from the business use of your aircraft.
The Supreme Court likely shook up your buy-sell agreement
Does your company have a buy-sell agreement that uses life insurance to redeem your shares
Protect aircraft leasing tax deductions from the IRS hobby loss rule.
Owning aircraft through leasing activity is a favorable option for many because of the following reasons.
What Happens When You Die Leave This World And Your S Corporation Owns The Rental?
If your old home is now a rental property inside your S corporation, here are the good and bad things that can happen when you pass away.
Avoiding Tax Pitfalls of Aircraft Ownership in an S Corporation
The S Corporation is becoming the business entity of choice, especially among small to medium-sized owners.
Discover the best entity for your business: Use this chart.
Discover the best entity for your business: Use this chart. If you are a business owner unable to decide on the entity structure that fits your needs,