A tax-smart way to develop and sell appreciated land
Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels and sell them off for a hefty profit, it could trigger a large [...]
Use the tax code to make business losses less painful
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses to apply losses to offset taxable income [...]
Intra-Family Loans – Take Advantage of Low Rates
With interest rates at abnormally low levels, it may be time to take advantage of the current situation. A loan to a family member, called an intra-family loan, is one method to transfer a [...]