Want to be a landlord? Tax rules offer benefits

Sure you want to be a landlord? We’ve all heard stories about challenging experiences with tenants —  like those who took almost every fixture when they moved out, including curtain rods, towel bars and carpet. The disadvantages of owning rentals are offset, though, by real estate appreciation and tax rules that aren’t available for other […]

Like-kind exchanges: Weight benefits and restrictions

People who own real estate within their business or for investments often find themselves holding significantly appreciated assets. While that’s normally a good thing, people are still surprised at the tax bills that could result when they sell their properties. Consequently, it’s important that people who subsequently replace that property or acquire new property not […]

Health care law raises issues for small businesses

Since the implementation of the Affordable Care Act (ACA), many small businesses owners and managers have been intrigued by the possibility they could discontinue group health insurance and instead offer employees a stipend to purchase individual health insurance policies on their own.    Employers must remain aware, however, that implementing such a plan could violate […]

Start tax planning early for college education fund

As the need for a college degree has increased, the cost of going to college has also increased.  According to the College Board, for the 2011 – 2012 academic year, the average annual in-state tuition and fees at a public four-year college is $8,244, and the average out-of-state tuition and fees is $20,770.  The average […]