Thank You
A member of our team will be in touch with you, shortly. We appreciate your interest!
In the meantime, feel free to check out some of our most recent blog entries:
The Difference Between What’s Legal, Aggressive, and Reckless in Tax Planning
Every tax strategy falls somewhere on a spectrum from standard to reckless. Here’s how to tell where your plan stands and what’s actually at risk if the IRS disagrees.
Cash vs Accrual Accounting: How the Method You Choose Affects Taxes
Choosing between cash and accrual accounting affects when your business recognizes income and deductions. Here is how each method works and which one fits your situation.
Accountable Plans Explained: Turning Reimbursements Into Tax-Free Dollars
An accountable plan lets your business reimburse employees and owners for expenses tax-free. Without one, those same reimbursements become taxable wages. Here’s how it works and how to set one up.
Statute of Limitations: How Long the IRS Actually Has to Audit You
The IRS generally has three years to audit you — but the window extends to six years for large omissions, and never closes for fraud or unfiled returns. Here’s what each rule means for your records.
Statute of Limitations: How Long the IRS Actually Has to Audit You
Statute of Limitations: How Long the IRS Actually Has to Audit YouOne of the most common questions we hear is:“How long do I need to keep my tax records?” or “How far back can the IRS go?”The answer depends on something called the statute...
IRS Information Matching: How the IRS Knows When Something Doesn’t Add Up
Most IRS discrepancies are caught through automated information matching, not audits. Learn how the AUR program works, what gets reported to the IRS, and how to respond to a CP2000 notice.
1031 Exchanges: What Still Qualifies (and What No Longer Does)
A 1031 exchange lets you defer capital gains when selling investment property — but the rules changed in 2017. Learn what still qualifies, the 45/180-day deadlines, and how to avoid the mistakes that kill the exchange.
Passive Activity Loss Rules: Why Your Rental Losses Might Not Be Deductible
Rental properties showing paper losses that disappear on your tax return? Learn how passive activity loss rules work, the $25,000 special allowance, and when your suspended losses can finally be used.
Real Estate Professional Status: Why It’s Harder Than Most People Think
Real estate professional status can unlock rental losses against any income — but the IRS requirements are strict and audit exposure is real. Here’s what you actually need to qualify.
IRS May Owe You Money Under The Kwong Case
Understanding Kwong Refund Recovery and Your Potential Savings What Is Kwong, and Why Should You Care? In early 2023, the U.S. Court of Federal Claims issued a ruling in Kwong v. United States that has significant implications for anyone who filed taxes during...
Why Depreciation Can Create Cash Flow Without Creating Income
Your rental property shows a tax loss even though rent is hitting your account every month. That’s depreciation working as designed — reducing taxable income without reducing cash. Here’s how it works and what it means for your taxes.
Cost Segregation: When It Works, When It Doesn’t, and When It Backfires
Cost segregation gets pitched as one of the most powerful tax tools available to real estate investors — and it can be. But the conversations that leave out the conditions, the limitations, and the moments it turns against you are the conversations that lead to...
Bonus Depreciation vs Section 179: What Changed and Why It Matters Now
Depreciation is one of the most powerful tax tools available to small business owners and real estate investors, but it is also one of the most misunderstood. Bonus depreciation and Section 179 both allow businesses to accelerate deductions for equipment and asset...
Your Tax Return Is Done — Now What? A Post-Filing Checklist for Business Owners
For many business owners, filing the tax return feels like crossing the finish line. Documents are submitted, payments are made, and attention shifts back to running the business. In reality, filing is not the end of the tax process. It is a checkpoint. What you do...
Vehicle Deductions Explained: Standard Mileage vs Actual Expenses
Vehicle expenses are one of the most common deductions claimed by small business owners, and also one of the most frequently misunderstood. Choosing between the standard mileage method and the actual expense method is not just a math exercise. The decision affects...