by Stephen Morris, CPA, MBT, CCIM | May 2, 2023 | International, Tax Strategies
In this post, we’ll cover a little bit about how international tax works. The US Internal Revenue Code and its related clarifying regulations, rulings, and cases is inherently complex to begin with (proponents of the system call it “sophisticated”), adding in the...
by Stephen Morris, CPA, MBT, CCIM | Apr 7, 2023 | Tax Strategies
In Episode 2 of this series, I’ll chat a little bit about the detailed mechanics of the 1031 exchange. You can read episode...
by Stephen Morris, CPA, MBT, CCIM | Mar 30, 2023 | Tax Strategies
For the next few weeks, I’ll spend a little time explaining to you some of the tax benefits of utilizing IRC 1031 (“1031 exchange”) and its tremendous amount of benefits that only real estate investors can take advantage. I believe the 1031 exchange is one of the most...
by Stephen Morris, CPA, MBT, CCIM | Feb 1, 2023 | Tax Strategies
It’s time for year-end tax planning. Every fall, small business owners should review their tax situations to determine steps they should consider to reduce their federal income taxes for the current year — and beyond. Fortunately, no significant unfavorable...