The Home Office Deduction Trap
If you are self employed and use part of your home for business, you may be able to deduct expenses forContinue Reading
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How to Create a Pro Forma Financial Statement For A Small Business Loan
If you want to start a small business but don’t know where to begin, a pro forma is the perfectContinue Reading
Which Entity Is Right For You?
For the most part, everyone is aware of the nursery tale, “Goldilocks and the Three Bears”; if you are unfamiliarContinue Reading
How Inherited Property Differs from Gifted Property
Although receiving property as an inheritance and receiving property as a gift might seem similar, the tax implications and very different.
All About That Basis: Real Estate Edition
The purchase of real estate property, whether for investment, business or personal use, has few immediate tax implications. However, expensesContinue Reading