by Stephen Morris, CPA, MBT, CCIM | Jun 5, 2023 | Tax Strategies
Navigating the complex terrain of the United States tax system is no small task. A solid understanding of tax deductions and credits can significantly reduce your tax liability. This article delves into commonly claimed deductions and credits for businesses and...
by Stephen Morris, CPA, MBT, CCIM | Jun 5, 2023 | Tax Strategies
While retirement offers a time to enjoy the fruits of one’s labor, navigating the tax landscape can be complex. Adequate tax planning is crucial to ensuring a comfortable retirement. This article aims to guide you through the basics of tax planning for...
by Stephen Morris, CPA, MBT, CCIM | Jun 5, 2023 | Tax Strategies
Estate planning is a critical aspect of personal wealth management. By planning ahead, you can ensure your assets are distributed according to your wishes while minimizing potential tax liabilities. This comprehensive guide will focus on estate tax planning...
by Stephen Morris, CPA, MBT, CCIM | May 29, 2023 | Tax Strategies
In the intricate world of finance and business, Certified Public Accountants (CPAs) play a vital role. These financial professionals not only oversee financial operations for organizations but also contribute to strategic decision-making processes. A CPA is a...
by Stephen Morris, CPA, MBT, CCIM | May 16, 2023 | International, Tax Strategies
As part of the ongoing series on international taxation, we are going to delve into various areas, focusing first on the fundamentals, then moving on to US inbound taxpayers and eventually over the course of several months, working on US outbound taxpayers. US inbound...
by Stephen Morris, CPA, MBT, CCIM | May 5, 2023 | Tax Strategies
When buying business real estate—for your own occupancy or for rental to others— you should take steps that maximize the income tax depreciation deductions that you can claim for the property. Here are a few suggestions. Separating improvements from land Not all of...