Are you trying to sell investment or commercial real estate? If you use an installment sale to help sell real estate, you can benefit from tax deferral and possibly lower your overall tax bill. But ...
As the holidays approach, you may decide to be extra generous this year by donating property to charity. As long as you observe the strict tax rules in this area, you may still be able to take ...
Under the tax reform plan recently announced by the Trump administration, most itemized deductions would be eliminated, except those for charitable donations and mortgage interest....
Some tax planning moves for small businesses are more common, like acquiring property that qualifies for the generous Section 179 expensing allowance. But other strategies may fly under the radar. ...
As you are probably aware, especially if you live in Kansas and own your own business or are otherwise self-employed, many of us will facing a whopping Kansas income tax bill next April due to the ...
Are you planning to make substantial home improvements in the coming year? Normally, you can't deduct home improvement expenses on your personal tax return. However, you may be able to deduct the ...
Do you own real estate property far from the suburban sprawl? If you donate a part of the property as a "conservation easement" to a qualified charity you can realize a big tax deduction without ...
Now that the kids are back in school, you may have the itch to return to the classroom yourself, perhaps to brush up on certain skills in your field or expand your horizons. Can you deduct the cost ...
Now that 2018 models are in the showrooms, you may be shopping for a new car to purchase for your business. Be aware that if you are self-employed, you can use one of two methods; the actual expense ...
Suppose you need to borrow money in a hurry and your only obvious option is a bank loan with sky-high interest — if you can even obtain one. Consider an unusual source: your 401(k) plan or IRA....