Tax Reform

Wow, New 20 Percent Deduction for Business Income Here’s some really good news and it’s a big deal. . .  Section 199A of the new tax code lets you claim a deduction against your IRS 1040 taxable income of up to 20% of your qualified business income. Three...

Tax Deductions for Existing Vehicles

You can take advantage of some valuable tax deductions you might have overlooked. That’s right. If you know the IRS rules (and we do!), your currently-owned business cars, SUVs, trucks, and vans, (and even your personal vehicles!), can be the source of...

5 Year-End Business Tax-Deduction Strategies

Do you want to pay more business taxes than you have to? Of course not! That’s why you should check out the five business-deduction strategies we’re providing. These perfectly legal strategies that you can put to work now can help produce additional...

TCJA Changes Vacant Land Tax Strategies

Do you own a vacant lot or other unproductive lands? If the answer is “Yes,” it’s very likely you’ll need new strategies for tax years 2019 through 2025. You might even need to consider making different investments! Why you may ask? Well, the...