Insights · Page 9
Practical perspectives on tax, finance, and business — written by the people who work in it every day. 98 articles in the archive.
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Real Estate Accounting & Taxes Oct 5, 2023Short-Term Rental Tax Loophole Explained by Expert CPAs
The short-term rental tax loophole is an often misunderstood and complex issue in the world of real estate investments. As a property owner, understanding the ins and outs of this tax regulation can make a significant difference in your financial bottom line.
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Entity Structuring Feb 23, 2022Is an S-Corporation right for you?
Self-employment tax for tax year 2021 is 15.3% and is comprised of two components, social security (12.4%) and Medicare (2.9%). In short, the IRC (Internal Revenue Code) essentially deems all payments made to shareholders of an S corporation as wages that are subject to…
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