Starting your business is a big deal. You came up with the idea, found the funding that will get it off the ground, and are excited to get going. But before you can open the doors,...
In this article, I’m going to focus on assisting writers get every possible tax benefit just from writing. Becoming a very successful writer can undoubtedly be expensive, don’t...
In 2014, the Achieving a Better Life Experience, or ABLE, Act was signed into law after passing through the House and Congress. The act allowed people with disabilities to establish...
If you sold your home last year, Laurence Smith and associates at Book 2 Tax want to help you take advantage of the Home Sale Gain Exclusion. Our knowledgeable staff of accountants...
Investing in rental properties can be a significant income stream or provide an income supplement. However, this investment also comes with potential tax implications. Working with...
If you owe the Internal Revenue Service a large amount of money from previous tax years, and have not answered correspondence or started a payment plan, you may end up with a lien...
It’s not every day that the words “Expatriate Tax” cross your path. Generally speaking, it’s not the most common of tax situations even if you’re a tax preparer. If you already...
For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...