As individuals strive to secure their financial future and minimize their tax liability, retirement planning remains a critical aspect of their financial strategy. One retirement savings...
Posted by Pat Raskob on 10/31/2023
Investing $1,000 may not seem like a significant sum in the world of finance, but it can be a crucial step toward building wealth and achieving your financial goals. The key to successful...
You may be eligible for the qualified business income deduction if you are a small business owner.The Qualified Business Income (QBI) deduction provides small business owners with...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/09/2023
There is no such thing as free money, but dividend reinvestments come pretty close.You will likely see assets classified as dividends in your accounts during your investment journey....
Franchise tax applies to taxes paid by certain companies that wish to do business in certain states. Also called a privileged tax, it gives the company the right to be established...
Posted by Pat Raskob on 08/24/2021
Also known as REIT, a real estate investment trust is known as a mutual fund for real estate. From the name, one can infer that the trust invests in investments related to real estate....
REIT or Real Estate Investment Trust is a hands-off opportunity to get property. You can decide if it is a good investment idea for retirement by understanding how it works What...
Posted by Advanced Accounting & Tax Planning on 06/10/2020
The base erosion and anti-abuse tax apply to some corporations that make "base erosion payments." Formed as part of the Tax Cuts and Job Act (TCJA), BEAT accrued in taxable...
Posted by Carmen Garcia on 04/02/2020
Individuals are able to invest in large-scale, income-producing real estate through real estate investment trusts or REITs. It’s a company that owns and usually operates income-producing...