by Slamdot Hostmaster | Sep 24, 2025 | Tax Strategies for Business Owners
Anyone who lives in a highly seasonal tourist destination knows you can make money on short-term rentals during events and festivities in your city or town. Think high concentration, short-term, tourist-driven events such as horse racing season in Saratoga Springs,...
by Slamdot Hostmaster | Sep 24, 2025 | Tax Strategies for Business Owners
Gosh, it feels great to get that tax refund. Dreams of a much-needed vacation or a splurge on something you’ve been craving might be running through your mind. However, as unexciting as this sounds, you might want to spend this chunk of change on things that really...
by Slamdot Hostmaster | Sep 24, 2025 | Tax Strategies for Business Owners
Most people know the basic concept that certain types of investment accounts are tax sheltered while others are not. Think 401(k), 403(b), IRA and Roth IRA accounts, for example. What most people are not aware of is how you split your investment positions between your...
by Slamdot Hostmaster | Sep 24, 2025 | Tax Strategies for Business Owners
If you would like to donate artwork to an eligible charitable organization, you might be able to take a deduction on your tax return. However, the rules are complex. There are different requirements for different values, and there are scams you want to avoid that...
by Slamdot Hostmaster | Sep 24, 2025 | Tax Strategies for Business Owners
Why on earth, you may ask yourself, would I care about being a good client to my tax prep professional? I mean, you are a paying client, and aside from treating them with the same decency and respect that you would show any other random person, who cares – right?...
by Slamdot Hostmaster | Sep 24, 2025 | Tax Strategies for Business Owners
Every year, the IRS announces annual inflation adjustments related to tax rate schedules, deductions, cost-of-living adjustments, etc. What many taxpayers do not realize is that they also adjust the cost of fines and penalties as well. This means that the penalties...
