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...

Do you own more than 2-percent of your S-corporation?

Be sure to follow the special IRS rules that allow you to deduct your health insurance premiums.  These rules are particularly important if your S corporation employs your parents and/or non-dependent children who don’t own any stock in your corporation. And be...

How to Get Ready for the NEW Individual Coverage HRAs

From January 1, 2020, the new individual coverage HRAs were created by Presidential Executive Order 13813 and will become active. By the end of October 2019, you have to create the right documents and have them ready to put the individual coverage HRA in place. How to...