Could You Owe the NIIT?
Could You Owe the NIIT? https://youtu.be/10D5ptz6yrw Selling appreciated investments, collecting rental income, or realizing a large capital gain can create unexpected tax consequences. Even if you have already calculated your regular capital gains tax, there may be another tax to consider: the Net Investment Income Tax (NIIT). The NIIT is an additional 3.8% federal tax […]
Get Ahead of Taxable Benefits
Get Ahead of Taxable Benefits https://youtu.be/W7KnkLCupEI As the end of 2026 approaches, business owners and HR teams need to do more than finalize payroll and prepare for tax season. They also need to review employee benefits and determine which benefits must be reported as taxable compensation. Fringe benefits can be valuable tools for attracting and […]
Ready Your Books for Tax Season
Ready Your Books for Tax Season https://youtu.be/wcOA3BUpA3Q Tax season can be stressful for business owners, especially when financial records are disorganized or filled with transactions that are difficult to categorize. Waiting until the last minute to clean up your books can make tax preparation more expensive, time-consuming, and prone to errors. One of the most […]
Make the Most of Your HSA Tax Benefits
Make the Most of Your HSA Tax Benefits https://youtu.be/NvM_xkxNn1w Health Savings Accounts (HSAs) are one of the most tax-advantaged accounts available to eligible taxpayers. Yet many people use their HSA simply as a way to pay for current medical expenses without taking advantage of its long-term wealth-building potential. An HSA can offer three significant federal […]
4 Tax-Smart Investment Moves Before Year End
4 Tax-Smart Investment Moves Before Year End https://youtu.be/VjfRq5Qd12E As 2026 comes to a close, many investors are reviewing their brokerage accounts, checking annual performance, and preparing for another year of investing. However, reviewing investment returns is only part of the process. A year-end portfolio review should also include a careful look at the potential tax […]
Could Bad Debts Lower Your 2026 Taxes?
Could Bad Debts Lower Your 2026 Taxes? https://youtu.be/zIJxC7mpbGU Few things are more frustrating for a business owner than completing the work, sending the invoice, and never getting paid. Unpaid invoices and loans can create serious cash-flow problems, but in certain situations, a business may be able to turn an uncollectible debt into a tax deduction. […]
Lending to Family or Friends? Know the Tax Rules
Lending to Family or Friends? Know the Tax Rules https://youtu.be/_-R_xRDpvc4 Helping a family member or close friend financially can be a generous way to provide support when they need it most. Maybe they need money for a home down payment, want to start a business, or simply need temporary financial assistance. But when you lend […]
Single? You Still Need an Estate Plan
Single? You Still Need an Estate Plan https://youtu.be/axxPOB-LFJw Estate planning isn’t just for married couples with children. If you’re single and don’t have dependents, you may actually have even more reason to make your wishes clear. Without an estate plan, state law may determine who receives your assets, who handles your finances if you’re incapacitated, […]
Plan Now for Deferring Tax on Advance Payments
Plan Now for Deferring Tax on Advance Payments https://youtu.be/MpnIkhM4ANI For many businesses, receiving payments before providing goods or services is a normal part of doing business. Annual subscriptions, consulting retainers, gift cards, service contracts, and other advance payments can provide valuable cash flow—but they can also create an unexpected tax burden. As 2026 comes to […]
Choosing the Right Business Funding Solution
Choosing the Right Business Funding Solution https://youtu.be/z5mxon3uoTA Access to capital is one of the most important ingredients for growing a successful small business. Whether you need to cover a temporary cash flow shortage, purchase equipment, expand into a larger facility, or invest in new opportunities, having the right financing can make a major difference. However, […]