Discover the tax benefits of the lesser-known Augusta Rule, where homeowners can enjoy tax-free income by renting out their properties for up to 14 days per year. Uncover how this can also serve as a unique tax strategy for business owners to claim deductions. Learn the eligibility criteria, potential pitfalls, and best practices to harness this opportunity.
Are you prepared for the tax, retirement, and Social Security changes coming in 2024? Stay ahead with our expert insights and start planning your financial strategies today.
The IRS has announced the 2024 Standard Mileage Rates. Understand how these rates will affect your deductions for business, medical, moving, or charitable driving expenses. Explore this article to stay informed and plan ahead for your 2024 tax returns.
Make your year-end giving count! Discover the best strategies for 2023 to maximize your charitable contributions and tax savings in our latest article. Dive into the specifics of smart donating to ensure you’re making the most of your generosity.
Uncover potential circumstances under which you can tap into your retirement savings early without facing hefty penalties. From qualifying plan specifics to the latest updates in IRA rules, this article is your go-to resource for penalty-free withdrawal strategies.
Time is ticking towards the January 16th deadline for the final 2023 quarterly estimated tax payments. Don’t let this date slip by unnoticed!
The DOL has a new overtime proposal on the table, and it could have major implications for your payroll. Learn about the potential changes and how they could impact your business operations.
Considering delaying retirement for better financial stability? This article explores the strategic advantages of working a few more years before you finally call it quits. Discover how this decision can significantly impact your financial security.
We have exciting news! It is with great pleasure that the Partners of Weinlander Fitzhugh announce that Josh A. Rappuhn, CPA has accepted our invitation to join the Firm as an equity owner.
In the world of real estate, the Section 1031 exchange has been a significant tool for investors who want to grow their real estate portfolio and wealth. In this video, we’ll explain how a 1031 exchange works and important considerations when using one.
